Managers of Wealth Africa

South African miner Harmony gets new $400 mln credit facility - bank

The facility will help Harmony expand its existing operations in South Africa, Papua New Guinea and the rest of Africa, the Absa statement said.

Kenyan bourse pushes for adoption of UNEP's sustainable banking principles

Our goal is to build a financial system that embraces financial benefits as well as social and environmental ones," said Odundo in a statement issued in Nairobi.

Dangote, Kagame co-chaired Board Commend President Lungu and Govt for support, hosting Southern Africa SDGs Centre

The report states that some activities being undertaken in Zambia include Transforming Zambia’s agriculture and institutional assessment of Development Bank of Zambia (DBZ).

Eskom crippled by poor management, not lack of investment - AfDB chief

In an exclusive interview at Bloomberg’s New York headquarters, Adesina touched on everything from global trade tensions to criticism of China’s lending model to a capital raise at his own bank, the continent’s largest multilateral lende

Mauritian envoy defends owning of offshore accounts by Ugandans

Uganda exports raw cotton to Mauritius and last year we exported cotton worth $6 million (Shs22b), which is a good beginning.

Eskom’s CEO shortlist includes a former CEO, Shell exec - sources

Applications for the position closed on August 2 and interviews were held with Eskom earlier this month.

Nigeria: Report Foresees More Revenue Growth for African SMEs

As a customer segment, SMEs offer vast potential

SA records FDI inflows of R26.3bn in Q2

Domestic firms receive debt and equity funding from foreign parent companies.

Kenya, Ivory Coast named rising stars of global trade

Kenya has been ranked position 3 in the top 20 markets with the greatest potential for future trade growth.

Govt raises R74 billion in its biggest-ever Eurobond sale

Since then they have climbed to 4.98% as concern mounts over the financial burden of highly-indebted state companies such as Eskom.

Big blue diamond found by struggling Petra at Cullinan mine

Still, the mine continues to produce exceptional stones, including a 425-carat white color stone earlier this year.

The 10 most attractive investment destinations in Africa for 2020

The report analyses 54 African economies according to their investment attractiveness, notable advancements in their operating environments.

SA records R23.6bn in foreign direct investment in second quarter

The country registered portfolio investment inflows of 10 billion rand from April to June from inflows of 29.2 billion rand in the prior quarter, the SARB said.

Insurance industry must tackle gender balance

Both the Middle East and the Americas highlighted gender equality as a key barrier to overcome, while mental health sits high on the agenda for Europe and the UK, Dive In said.

Renaissance Capital to enhance ESG investment approach

During his keynote address Dr Njoroge noted that Africa is the continent of the future in terms of numbers in population, workforce and the future of work.

Kenyan shilling under focus as remittances fall

They have however been on a slide in July and August following the expiry of the tax amnesty offered by the Treasury to Kenyans holding wealth abroad to repatriate it home in June.

Kenyan broker sells stake to French insurer buys

This rebranding is necessary because it reflects our new identity and association with Olea

Ghana Pension Funds Are Shielded From Crisis-Hit Money Managers

The investments were exposed after the central bank in 2017 started weeding out weaker lenders, triggering panicked withdrawals and drying up new money flows to the fund managers.

Low returns from bonds affect Uganda's NSSF

Steady declines in interest rates earned on treasury bills and bonds are attributed to loose monetary policy adopted by Bank of Uganda since 2018 in a desperate effort to boost economic growth and consumer demand.

Morocco unseats South Africa in ranking on investment attractiveness-Rand Merchant Bank

South Africa lost its place to Morocco due to slow growth and lack of governance and structural reforms.

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