Managers of Wealth Africa

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.

T-bonds see heaviest investors uptake in one-and-a-half years

Analysts at KCB Capital had said in a pre-auction note that the paper would be attractive to banks, which have recently shown a preference for shorter dated paper amid interest rate uncertainty.

Brokerslink continues African expansion with new broker in Tunisia

The Tunis-based insurance and reinsurance broker, specialises in core lines of business in Tunisia including industrial and commercial cargo, construction

IFC invests $100 million in Zenith Bank to support SMEs amid COVID-19

The loan is IFC’s first in Africa under its global COVID-19 fast-track financing support package.

South Africa’s government is looking for R1.5 trillion in investments to finance its infrastructure plans

The government’s ability to fund projects has been constrained by surging debt and the loss of its last investment grade rating on its debt.

Why Africa Saw its Biggest Surge in Micro-Investment During the Past 12 Weeks

Micro-investing apps have taken investing to the next level without taking away from traditional investing.

Kenya’s investors welcome budget for financial year 2020/21

Nesbitt said new relief on flower and horticulture farmers whose export-dependent business had been hard hit has brought excitement to the sector.

IFC, Zenith Bank to Support SMEs with $100m

Zenith will support dozens of businesses in Nigeria’s health, pharmaceuticals, food, and trading sectors

Kenya’s foreign direct investment falls by Sh31bn

About 54 percent of Kenya’s FDI was reinvested earnings, the UNCTAD says, the highest share among leading investment destinations in Africa.

Africa’s Green Revolution Lures New Fund Eyeing 12% Returns

The impact it expects to make ranges from helping the climate to boosting gender equality and improving food security

Sh40 billion final bond issues seen hooking investors

The market also remains liquid due to government payments as the fiscal year ends, with banks especially holding on to Sh32.8 billion in excess reserves above the 4.25 percent statutory cash reserves requiremen

Foreigners are pouring billions into South African bonds – that’s good news for taxpayers

South Africa yields are standing out, says Wikus Furstenberg, portfolio manager and head of interest rate process at Futuregrowth Asset Management.

CMA raises red flag over top five firms’ dominance

Safaricom alone is worth more than all the other listed firms combined, with its valuation of Sh1.181 trillion accounting for 54.1 percent of the NSE’s market capitalisation.

Alternative Investments