Managers of Wealth Africa

Absa’s PMI at lowest level since September 2019

According to Investec, this was mainly underpinned by deepening rates of contraction in the backlog of sales orders and employment that dropped to ten- and six-year lowers, respectively.

Raging Bull Awards: Mi-Plan outshines SA's bigger players

Last year’s winner, Allan Gray, which has dominated the awards in recent years, slipped back to fourth position, while Alexander Forbes Investments was fifth.

TFSA vs RA

Deciphering the investment choices.

CDC Group to invest £2 billion in African businesses over the next two years

CDC Group, the UK’s publicly owned impact investor, is to commit a further £2bn into African businesses over the next two years, as it looks to double the size of its portfolio on the continent.

African Economic Outlook 2020: Africa’s economy forecast to grow despite external shocks

The slower than expected growth is partly due to the moderate expansion of the continent’s “big five” — Algeria, Egypt, Morocco, Nigeria, and South Africa

No One Wants to Be a Nigerian Stock Trader as Volumes Plunge

“Revenue that brokerage companies earn has a strong correlation with the volume of trade.”

After the big spending under Ghosn, come the cuts at Nissan

Japan’s second-biggest carmaker is set to shed at least 4,300 white-collar jobs, on top of a turnaround plan unveiled in July 2019 29 JANUARY 2020 - 13:06 NORIHIKO SHIROUZU

Investec to sell Limpopo, Rustenburg malls for R727m to invest abroad

At the moment, the conclusion of the disposal awaits approval from the Competition Commission, but are expected to conclude in March 2020.

CDC Group launches new wave of African investments

Investors have a real opportunity to embrace the UN’s Sustainable Development Goals

African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO

2020 is expected to be a good one for tech investments in Africa, says venture capitalists

Africa is resurging, AfDB tells global investors

Lists $108b yearly infrastructure financing gap

Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation

Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018.

Ghana Delays Mining IPO to Review Royalty Payment Processes

Ghana picked Bank of America Corp. to lead plans for the dual-listing in London and the local bourse, people familiar with the matter said in November.

Africa-Europe Alliance: Four new financial guarantees worth €216 million signed under the EU External Investment Plan

This article is brought to you in association with the European Commission.

Janngo: accelerating sustainable development in Africa

The fund also aims to target at least 50% of startups founded, co-founded or benefiting women.

Bridging Africa’s Great Gender-Financing Divide

Clients seek her services through her social media pages where she markets her products under the name Soi Pallet Designs.

IMF cuts SA's 2020 growth forecast

South Africa's downward revision pulled down growth expected for the sub-Saharan Africa region, where growth is expected to tick in at 3.5%.

Britain’s CDC adds $400m of investments in Africa push

This comes as British Prime Minister Boris Johnson calls for deeper links between Britain and Africa.

Equatorial Guinea Speeds Up Year of Investment Drive with Nigerian Investors

The delegation from Equatorial Guinea met with several Nigerian executives from the Africa Finance Corporation, Polaris Bank, Sterling Bank, First Bank, UBA and Zenith Bank

T-bill uptake declines after reopening of two bonds

The Treasury has reopened the 10-year and five-year bonds targeting Sh50 billion.

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