Managers of Wealth Africa

W’Bank: Developing Countries Face Growing Risks from COVID-19 Induced Fragility, Non-transparent Debt

The World Bank stressed that rising inflation and interest rate increases, pose further challenges to recovery and advised that developing countries need to focus on creating healthier financial sectors.

Michael Sachs | Ramaphosa must level with SA: Income grant means tax hikes

By then the grant would have been in place for five years, and it does not make sense to think of it as temporary.

Investec tells staff in South Africa to get vaccinated – or pay for their own tests

Many companies in Africa’s most-industrialized nation are mandating workers get vaccinated to return to office.

Adebimpe: How Nigerian Banks Survived COVID-9 Turbulence

Now the global economy is on the recovery path and we believe it will be sustainable considering the numerous measures being implemented by governments across the globe to tackle the pandemic once and for all.

Can employers require unvaccinated employees to take PCR COVID-19 tests regularly. . . at their own cost?

The question of whether the production of a negative test is one aspect that an employer must consider when implementing a testing regime.

Warning over new lockdown restrictions for South Africa

Business4SA chair Martin Kingston said Ramaphosa should avoid the reintroduction of a stricter lockdown and instead take steps to raise vaccination rates.

Vaccination status and flexible workstyle influence consumer optimism

Overall, 61% of respondents are optimistic about the future, and only 18% are not.

New Covid variant roils global markets with oil sinking 5%

Many of these mutations are linked to increased antibody resistance

Afreximbank and the International Islamic Trade Finance Corporation (ITFC) ratify US$250 million finance facility to Support Africa

The facility significantly facilitates Afreximbank’s execution of strategic interventions.

The Banking Industry Withstands Tough Times

When the pandemic struck last year, the central bank decided to reduce the Prudential Capital Adequacy Ratio (CAR) from 15 percent to 12.5 percent for banks operating in Botswana.

Is Africa Headed for a Financial Crisis?

A rerun of the 2013 “taper tantrum” could spell disaster for emerging economies.

Afreximbank Recognised for COVID-19 Fight

The magazine noted that Afreximbank activated its business continuity management plan within days of the pandemic to prevent service interruptions.

AfDB Strengthens Covid-19 Fight

The president underlined the fact that Africa imports 60-70 per cent of its pharmaceutical drugs.

Africa should produce vaccines on the continent, African Development Bank Group head says on eve of the group’s 2021 Annual Meetings

The African Development Bank and other development partners can credit-enhance them.

Covid-19