Managers of Wealth Africa

US pension funds urged to pick Kenya

Kenya is already a hub for numerous US companies where we have spent over Sh1 billion in improving healthcare, agriculture, education and security,” he said.

Kenyans shun banks over stringent loan conditions

The report further says over 60% of Kenya surveyed still use informal loan solutions like chamas, borrowing from friends and family as saving cash at home.

AfDB supports state’s efforts to boost SA’s economic growth

State capture inquiry, restructuring of parastatals, new tax measures and R50bn stimulus all positive for investors

SA's golden opportunity to uplift Africa

This NDB’s meeting came against the backdrop of worrying global events such as Cyclone Idai in Mozambique, Brexit, US politics, and the waning of global institutions such the UN and World Bank.

Cameroon: Private sector captures only 11% of AfDB investment portfolio

In need to address the situation, the bank set up a strategy seeking to promote private investment in Cameroon

African Development Bank Helps to Break Down the Barriers to Free Trade in Africa

Since 2010, economic and social integration projects financed by the Bank have multiplied, breaking down barriers between states and economic zones.

Brics Bank lends R32bn to SA organisations

Cleaning up Medupi’s mess is just one of the projects.

Bloomberg Publishes Q1 2019 EMEA Capital Markets League Tables

Bloomberg has published its Q1 2019 EMEA Capital Markets Tables, representing the top arrangers, bookrunners and advisors across various deals including syndicated loans, bonds, equity and M&A transactions

Old Mutual revenue up 41%

Net non-interest income grew by 13% due to continued use of card-based and electronic banking platforms as alternatives to cash.

AdForum delves into financial services sector advertising

Financial services advertising is due to be disrupted by a number of new entrants to the market

Emigration: These are the 10 biggest factors driving South Africans abroad

Recently-released data on emigration from South Africa shows that an alarming number of citizens are considering packing up and moving abroad.

Jigawa Releases N859m To Settle Pensioners

The beneficiaries were from both the state government, local government and local education authorities who will be paid their terminal benefit, death pension benefits and refund of 8% respectively

Institutions top up their stakes in MultiChoice

Market currently values MultiChoice shares at R119.45, giving the group a market capitalisation of R52.4bn

NPS-Swavalamban Scheme: Pension, Minimum Investment, Other Key Details Here

NPS (National Pension System)-Swavalamban is a pension scheme designed to secure the future of the people who are economically disadvantaged.

Micro-Pension Will Save Hard Working Nigerians From Old Age Poverty

The Nigerian informal sector constitutes an estimated 69 million workers, representing about 88 percent of the Nigerian workforce without pensions and safety nets for their old age.

Grit of Mauritius Plans Bond Offering to Fund African Expansion

After completing deals in Ghana and Mozambique worth $123.2 million last year, Grit is now looking for investment opportunities in Botswana, Ghana, Kenya and the Indian Ocean islands of Mauritius, Reunion and Seychelles.

Santam CEO sees total remuneration halve in 2018 financial year

Lize Lambrecht’s total remuneration of R16.6m for the year included a guaranteed package of R5.5m, a bonus of R6.9m and long-term incentives of R4.2m

Alexander Forbes ready to ditch insurance arm

“A new owner will be able to continue its success and fuel future growth through additional investment.”

500 Startups MENA fund achieves final close of $33m

The final US$33 million close comes two years after a first one at US$15 million, and exceeds 500 Startups’ initial target of US$30 million.

Exploring the role of Private Equity in Africa’s infrastructural projects

As part of its activities, MiDA is organising a delegation to Africa with US institutional investors

Alternative Investments