Managers of Wealth Africa

Axe falls on 3,500 jobs in South Africa

The group also raised the unsustainable competition from low-cost imports.

Big retirement fund changes in South Africa

According to National Treasury, one of the complexities of the system lies in the “seeding amount,” a one-time transfer of funds from the existing retirement pot into the new “savings” component.

SA’s rand emerges as a leading emerging market currency

A steep retreat in December saw the rand surrendering its year-to-date gain for a decline of about 2% in 2024

Jobs in South Africa that require little experience and pay well

The talent pool size for each job ranges from very limited, limited to moderate, big, and oversaturated.

Winners Emerge in Coronation Insurance’s ‘Insure & Win’ Promo

Speaking at the event, the Managing Director and Chief Executive Officer of Coronation Insurance Plc, Mr. Olamide Olajolo, highlighted the objectives behind the campaign.

Insurance Sector for 2025 Outlook

To the insurers, 2025 is a year of uninterruptible recapitalisation and renewed legislation that will dismantle every stronghold that has held the sector hostage against its growth and developmental dreams.

Libya joins African Export-Import Bank

Through these projects, Libya also seeks to strengthen its position as a regional logistics hub and achieve sustainable development goals.

Local over global for South African investors

It said that several fundamental drivers that were previously headwinds for the South African economy and asset classes have now become clear tailwinds.

Forex market turnover hits N23.9tn on high investor activity

Analysts attribute this to the rise in investor activity and adjustments in the country’s foreign exchange rate.

IQ-EQ wins two prestigious awards in Africa

The Africa Global Funds Service Providers Awards celebrate the best in the financial services industry

Strong q/q growth of the insurance sector

This strong growth highlights the sector’s resilience, considering the current macroeconomic environment.

Nigeria headline inflation continues to rise

The persistent rise in consumer prices is primarily driven by rising food prices and elevated energy costs.

Sharp sequential decrease in capital inflow

The sequential reduction in capital inflow was driven by double-digit decreases in inflows from foreign portfolio investments and other investments.

A slower y/y growth in PSCE

This growth marks a deceleration from the expansion of c.27% y/y recorded in the previous month.

The woman running the biggest stock market in Africa – worth almost R20 trillion

Leading the JSE is a massive task, with the JSE’s all-share market cap currently standing at close to R20 trillion.

Beware these risks when planning for retirement

Liquidity risk arises when retirees need cash for daily expenses but find themselves forced to sell investments at a loss during market downturns.

Net forex inflow fell to $14bn in Q3 – CBN

This was released by the Central Bank of Nigeria in its third-quarter economic report published on Friday.

Afreximbank and Ecobank partner to simplify trade and compliance for African businesses

With the collaboration, African businesses will benefit from seamless shared services across the two platforms

Africa Investment Forum 2024 Gains Global Influence with Record Number of Investors and Closes with $29.5 Billion in Interest

After three days of boardroom discussions, this year’s market days at the AIF generated $29.5bn in new investor commitments in projects spanning multiple sectors.

Over 1,000 businesses shut down in South Africa in less than a month

The death toll from children consuming poisoned food has risen to 38 from 22 a month ago, Tebello Mosikili, police deputy national commissioner said at the same briefing.

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