03/15/2023
To cater to this demand, HSBC Global Private Banking formed a coverage team in the city-state in 2022 to work with existing colleagues in the Middle East where it has a significant existing presence.
03/14/2023
This includes South African nationals returning home, and clients from further afield such as Europe, the United States and Canada.
03/06/2023
Iron Wealth will focus on providing wealth management and investment advisory services to Africa-based HNIs, family offices and businesses.
02/23/2023
The winners are those institutions whose qualities rate highly with high-net-worth individuals choosing a wealth management provider.
02/14/2023
The wealth managers’ view corroborates multiple reports including Knight Frank, Forbes, Wealth X and Oxfam that have shown a burgeoning class of the rich in Kenya.
01/19/2023
Of the 1,890 individuals, 130 have a net worth of over Sh6.2 billion ($50 million) and a combined wealth of Sh2.3 trillion ($18.7 billion).
01/17/2023
The deposits surge parallel with a decline in hard currency deposits held by commercial banks and the country’s official reserves, at a time the market faced issues of dollar availability in the market.
01/10/2023
Former diamond magnate Nicky Oppenheimer saw the highest net worth growth – adding $600 million to his wealth – and climbed the global ranking by over 100 positions – 331 to 229.
12/21/2022
“Once again GTCO closed as the most traded counter, while overall activity level remains minimal and we are likely to see these lukewarm sessions throughout the week, as investors wind down for the holiday season.”
12/02/2022
Absa remains involved in the investment management sector through its shareholding in the combined entity and through a 10-year distribution agreement with that entity.
11/24/2022
Indicating that the profile of the country’s high-net-worth individuals may be changing.
11/18/2022
Everybody dreams of handing over their accumulated wealth to the next generation, but few achieve it. Here’s why.
11/03/2022
The bank also decided to withdraw its on-the-ground activities in the last few weeks.
10/21/2022
This will add AUM and investment expertise, together with a presence in Stellenbosch, to Stonehage Fleming, strengthening its position in the South African domestic market.
10/17/2022
Niche bank targets about 60,000 professionals in its client base who are still accumulating wealth
10/17/2022
Average nominal growth of financial assets is expected to be at 4.6% until 2025, according to Allianz
10/11/2022
FORBES AFRICA takes a look at these movements on how the wealthy and ultra-rich in East Africa are changing the way they manage their assets.
10/10/2022
According to a 2019-2020 report by New World Wealth, people living in South Africa together hold $636 billion in wealth.
09/19/2022
ACSI began operations in 1995 as a department of the organization for the Rehabilitation and Development of Amhara (ORDA), a local non-government organization, and was licensed as a separate micro finance share company in April 1997.
09/19/2022
The world is not on track to meet almost any of the “sustainable development goals” adopted by the UN in 2015, according to a new report by the Bill and Melinda Gates Foundation.