Managers of Wealth Africa

Foreign investors turn sellers at the Nairobi exchange

Overall, the NSE 20 Share Index ended last week 1.6 percent lower, while the NSE All-Share Index was down 4.7 percent.

KDIC postpones move to charge premiums to banks on risks undertaken

The KDIC has however retained its planned roll out of an increased coverage limit effective July 1 from Ksh.100,000 to Ksh.500,000.

CDC, Société Générale take on Africa’s trade finance gap with US$100mn facility

“Our partnership is a significant step closer to narrowing the trade finance gap in the region,” says Admir Imami, CDC’s director of trade and supply chain finance.

Building resiliency in times of uncertainty (By George Ferreira)

Business resilience remains one of the most important and relevant ways for organisations to bypass legacy challenges and to explore new opportunities

Nigerian Stock Exchange reviews pension index, introduces new regulations

“The review of the Index was made imperative by the need to ensure that it continues to represent the appropriate benchmark for evaluating the Pension Fund Assets equity portfolios and remain suitable for all market stakeholders,” Mr Babalola

Deposits payout in collapsed banks raised to Sh500,000

“The new limit will give more protection to depositors in the most unlikely event of a bank failure,” said KDIC chief executive Mohamud Ahmed Mohamud on Tuesday.

Generational financial planning: Tools for wealth transference

From trusts to business assurance, these tools will ensure the safe transfer of wealth to beneficiaries.

‘N5trn liquidity from T-Bills, bonds to boost economy’

Because of the way the pension scheme has been run and operated, you would find that from the PENCOM investment regulation, it provides some level of security in and around pension instruments.

Morocco ripe for investment, says Edmond de Rothschild Private Equity CEO

The economy is taking a hit from the pandemic, with the central bank predicting a 5.2% contraction in the economy this year.

Mboweni backs calls for pension funds to finance infrastructure projects

Mboweni said Regulation 28 provides guidance to pension funds and similar institutions on their investments. Currently it refers to the investment in immovable property.

South Africans are now missing payments and defaulting on loans

These South Africans are increasingly more affected than those who experienced financial hardship before the Covid-19 pandemic, the group said

Battered brokers offload stake in Nairobi bourse shareholding

Stockbrokers face a depressed market, prompting some to diversify their business away from the equity market while others such as AIB Capital and Apex Africa Capital Ltd have entered into agreements to merge their businesses.

What are the best investment options in South Africa?

Short-term investments are meant for those who want to save their money for a year or so with low returns to moderate returns.

The hunt for yield is harder for investors but opportunities still exist

While generating income from your portfolio is a challenge during Covid-19, you can earn a decent return if you know where to look

Deepening Islamic Financing

The launch of Islamic banking gave birth to the non-interest windows of Stanbic IBTC, Sterling and Islamic Micro-finance banks.

South African authorities are going to invest in infrastructure over 10 years, $133 billion

In the long term these investments will increase the capacity of our economy, will reduce the cost of transport and improve the reliability of services electricity and other utility services.

Equity, Atlas Mara acquisition talks abandoned over Covid-19 Pandemic

The Board has considered the events that have taken place since January when the two parties agreed to extend transaction discussions, and particularly the impact of the Covid-19 pandemic to the world and the economies in which EGH operates.

S. Africa Looks to Green Infrastructure Bond to Spur Growth

“A idea that’s finding traction is a green infrastructure bond,”

Stanchart to finance companies that help tackle COVID-19

All financing was subject to companies having received regulatory approvals to manufacture the essential goods.

Deficit Seen Widest Since WWI Weighing on South African Bonds

Yields on benchmark 10-year rand notes have climbed 68 basis points from a one-year low on June 3 to 9.3%, the highest among major emerging markets monitored by Bloomberg.

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