Managers of Wealth Africa

Making business future-fit: The new marketing realities facing business after Covid-19

Andisa Ntsubane discusses the challenges businesses now face as they navigate through the COVID-19 era.

OMFIF Index Shows Improved Resilience In African Financial Markets

It is the premier indicator of the stage of maturity of Africa’s financial markets and serves as a guide for governments to put the necessary infrastructure in place to deepen and improve the markets in order for Africa to attract its fair share of

Kenya’s debt repayment down Sh199 billion on cheaper loans

The repayments for 2019/20 are also lower than the revised Sh768.84 billion the Treasury had earlier projected to spend for the period.

Centum real estate unit gears up for Sh4bn housing bond

Centum said the bond is undergoing regulatory approvals, with issuance expected in the coming weeks.

SCALEINK partners with Setup A Startup to support the next generation of entrepreneurs in Africa

Their upcoming entrepreneurship bootcamp, organised in partnership with SAS, is designed to educate and support young founders and innovators in using programming to create viable business ventures.

Citigroup Chasing Growth in Emerging Markets as Rivals Retreat

“We’re going to look at increasing the canvas for the bank compared to where we are now,” Naveed Kamal, chairman of EMEA EM corporate banking, said in an interview.

Diaspora inflows up Sh18bn despite pandemic shocks

The World Bank’s forecast in April was largely based on assumption that migrant workers will be hardest hit by job losses and pay cuts across the globe because of economic fallout as a result of coronavirus pandemic.

213 companies vie for honours at 2020 Ghana Business Awards

Organizers of the Ghana Business Awards (GBA), Globe Productions have announced the commencement of processes towards the year’s Ghana Business Awards. This is in partnership Ministry of Business Development, Graphic Business, Nobel International B

Mauritius Introduces Premium Travel Visa for Long Stays

An online platform for the e-Visa application will be available shortly.

Finance Minister announces measures geared towards accelerating economic recovery

Minister Padayachy pointed out that the economy suffered from the national lockdown which resulted in a contraction of 15 % of our GDP in March-May and 32,5% in April-June compared to the same period last year.

Co-op Bank to focus on local expansion

Mr Muriuki said that Co-op Bank’s recent acquisition of Jamii Bora Bank is part of the ongoing local expansion, adding that the new subsidiary is expected to return to profitability from next year.

Wealth Tax Among Mboweni’s Options to Fund South Africa’s Budget

Minister set to detail spending and revenue adjustments

Early results show mixed performance in third quarter

Companies that have submitted their results included United Capital Plc, Africa Prudential Plc, GlaxoSmithKline Consumer Nigeria Plc, NCR Nigeria, Unilever Nigeria, Chemical and Allied Products (CAP) and Austin Laz and Company.

Investing in sub-Saharan Africa

‘Over the last four years…we’ve been negative on SA companies’: Danesh Ranchhod from Franklin Templeton Investments.

Understanding the benefits – and risks – of alternative investments

To grow, preserve and diversify wealth.

Zimbabwe: Vic Falls Stock Exchange Launches With Only One Trading Partner

The VFEX is a wholly-owned subsidiary of the Zimbabwe Stock Exchange (ZSE) and will trade solely in foreign currency targeting mining companies in Zimbabwe and the Africa continent, before expanding across the globe.

Philanthropic investments in education are among our most urgent priorities

South Africa has a wealth of organisations that are involved in the education space and philanthropy recognises that until we fix education, most progress is hindered.

National Development Bank to take off from January 2021

The government in 2017 hinted it will establish a national development bank in the country.

AfDB to guarantee Kenya’s mortgage refinancer bond

Chief executive Johnson Oltetia said the state-backed lender will piggy-back on AfDB’s top credit rating (AAA) with a stable outlook in the debut cash call, and thereafter build its own reputation among investors.

Africa’s Top Insurer Refocuses on Home Base After Deal Misfires

It was part of a plan to diversify away from South Africa, which accounts for most of its earnings, as the economy struggles a recession, high unemployment and corruption.

Alternative Investments