Managers of Wealth Africa

Africa Prudential: Driving growth with digital strategies amid lockdown

That means companies that scheduled their AGMs before the lockdown and are now probably considering postponing them because of the lockdown, may not need not worry.

Multinational advisory firm opens branch in Ghana

“The firm will also deliver impact through redefined solutions in the field of social investment, sustainability and environment in Ghana”.

Sanlam Emerging Markets contributes $2.3m to fight Covid-19

Sanlam Kenya Group Chief Executive Officer Dr Patrick Tumbo, said the firms are highly conscious of the fact that the prevailing situation is totally unprecedented and that the country has found itself needing to deal with a large-scale health and social

South Africa’s digital Bank Zero: on track to launch despite pandemic

BrandsEye CEO Nic Ray told The Africa Report that banks and insurers have been slow to make the shift from using social media as a marketing channel to a customer service channel.

Bond yields pose attractive investment opportunities

After the central bank’s 1 percentage point cut in the repo rate on 13 April – which followed on a similar cut in March – the market is now expecting a further reduction in the policy lending rate.

Meet the Investor: Anton Van Vlaanderen, 4Di Capital

4Di Capital was born, and in 2009, after enjoying a year backpacking around the world with his wife, Van Vlaanderen returned to Cape Town to get formally involved.

NIB Board of Directors, staff donate ¢185K to Covid-19 Trust Fund

Mr Sarpong also emphasized that NIB as a corporate entity has also contributed to the ¢10 million Covid-19 Response Fund established by the Ghana Association of Bankers to the Fund.

BVCA publishes Emerging Managers Barometer, sponsored by IQ-EQ

While emerging managers are seen as hungry to out-perform, often delivering a more unique investment strategy and with greater alignment on the economics

AAR Insurance posts Ksh 517million net profit

Total assets rose from Ksh 3.9 billion to Ksh 4.8 billion, a 24 per cent increase, with shareholders’ funds increasing from Ksh 563 million to Ksh 1.1 billion during the period under review.

China in the driver's seat amid calls for Africa debt relief

Beijing is likely to endorse a temporary freeze on debt payments by African countries as part of an expected agreement by the Group of 20

African Development Bank Group approves $10 million equity in Razorite Healthcare Fund for Africa

The 10-year deal will resource the Fund to address growing demands for affordable and quality healthcare services in several countries of Sub-Saharan Africa

AfDB invests $10m in Razorite Healthcare Africa Fund 1

On April 8, the Bank unveiled a COVID-19 Response Facility that will mobilise up to $10bn to assist regional member countries in fighting the pandemic.

Kenyan insurer awaits nod to dispose of land holdings to shore-up earnings

The approval for change of use from agricultural to mixed use/commercial for the Kiambu property was granted in 2018.

Analyst's grim view of mining after lockdown: 'Pain' for most companies, some won't survive

The Council expects to provide information based on its modelling in the next few days.

Foreign investors face reduced dividend income on higher tax

The proposal means that for instance, a foreign investor earning gross dividend income of Sh100,000 will pay Sh15,000 WHT and take home Sh85,000 as opposed to Sh90,000 at the current tax rate.

Morocco draws on IMF credit line to support virus hit economy

Morocco has imposed a lockdown to combat the coronavirus, which has claimed 91 lives in the North African country from a declared total of more than 1,200 cases of COVID-19.

Special Report on The COVID-19 Epidemic Forecasts (Issue 2)

The cumulative number of confirmed cases will exceed 2 million around Apr. 15.

Are there any safe havens in this global market crash?

Bonds, gold and cash are the traditional stores of value, but even their performance has been erratic amid Covid-19

SANNE announce new client win

This collaboration is representative of the continued efforts of SANNE to maintain a leading position within the Africa-centric hub.

22 banks facilitated $23.9bn investments in Nigeria — NBS

Findings revealed that many of the banks were able to facilitate large sums of investments into the economy as a result of their foreign exposure.

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