Managers of Wealth Africa

Old Mutual: Planning to cut and to grow

The company hopes to gain the highest boost from East Africa and is determined to get a foothold in Ghana and Nigeria

Centum profit drops

The listed financial services firm had also warned that the profits would fall drastically owing to a 35 per cent decrease in the value of its property, which lost Sh2.3 billion worth in fair value.

African Trade Insurance to double portfolio to $7bln, by 2022

The surge would mainly stem from fund inflows by new member countries in addition to the current 14.

Investcorp wins 4 awards at EMEA Finance event

The awards, which recognise stand-out dealmakers and notable transactions in the region, are nominated by Investcorp’s peers and other active participants in the Europe, Middle East and Africa (EMEA) capital markets, it stated.

World Bank Supports Ghana To Reform Its Pensions System

We are introducing some critical reforms to the pension regime in line with our medium-term development objectives

Plettenberg property in high demand

Hein Pretorius, Broker Principal of Sotheby’s International Reality, says Plettenberg Bay’s market has remained steadfastly robust despite the sales volumes dipping by 14% last year.

How EFF and state bank proponents ignore perils and limitations

A successful state bank would need political independence and lending based on strong economic fundamentals, writes Hanna Ziady

UPDATE 1-Morocco to issue first sovereign Islamic bond worth 1 bln dirhams- minister

Long rejected because of concern about Islamist movements, Islamic banks are looked on as a way to boost the liquidity of Morocco’s financial market and attract foreign investors.

Kenya's pension industry eyes green bonds to diversify revenue streams

The Nairobi Securities Exchange and the Capital Market Authority have already issued guidelines for green bonds and the first bond is expected to be issued before the end of the year.

Expanding The Pension Scheme

The commission is also putting in place measures to guard against money laundering by enacting relevant provisions

Equities Market to Benefit from Pension Multi-Fund Structure Implementation

The main objective of the RSA multi-fund investment structure is to resolve the challenge of asset-liability risk management experienced by pension funds

Investment Marketplace Coming To Africa

A platform to close the investment gap, Adesina called it a game-changing initiative.

Bank of Botswana urges government to reduce reliance on diamonds

There is recognition that growth in diamond revenue has plateaued and might recede in the future

ATI expansion plans to dilute Kenya’s stake in Africa reinsurer

In 2017, ATI, which was formed in 2001 by Common Market for Eastern and Southern Africa (Comesa) member countries with assistance from the World Bank, opened doors to Cote d’Ivoire and South Sudan.

Trustfund Pension Pay Out To Retirees Hits N93.3bn

He also raised concern about the challenge of some employers who do not comply in terms of remittance of pensions contributions of employees

Bank assures customers safety of pension fund

Employers should realise they stand to benefit when they play they make their on contribution in the scheme

SA expected to show higher growth

Investment is picking up after three years of decline

Continental Bank Issues Feed Africa Bond

The Bank will make its best efforts to direct an amount equal to the net proceeds of the issue of notes to lending projects that aim to Feed Africa”, subject to and in accordance with its lending standards.

Italy commits $1.2 million to the Somalia Infrastructure Fund

The Somalia Infrastructure Fund is a Multi-Partner Fund with the overall goal of supporting Somalia to rebuild institutions, rehabilitate key infrastructure, and reinforce economic governance.

Allianz Group acquires stake in African Reinsurance Corporation

Africa Re and Allianz aim to continue supporting the economic development of Africa

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