Managers of Wealth Africa

Iran, S Africa to form joint bank

The Iranian economy minster highlighted “one Iranian bank is seeking to set up a joint bank in South Africa.

Kenya forced Chase Bank into an “arranged marriage”—but it still has way too many lenders

Analysts believe this will inject much-needed confidence into the banking sector.

‘Nigeria’s pension fund to hit N20tr’

In a paper titled: “Investment of Pension Funds, Processes- Challenges, Risks and Rewards,” she highlighted some consideration and review of existing engagement rule to create opportunities for investment in critical areas in the economy.

Nigeria: Access Bank Launches 'Accessnolly' Fund

The Nigerian film industry is the third largest film industry in the world with annual revenue of $200 million

Pensions firms in Kenya urged to diversify their investments

The Capital Markets Authority and RBA are developing criteria for Private Equity Funds.

Ashburton Investments launches first inflation-linked, green debt investment

Moving beyond pension funds, this asset class may hold advantages for long-term insurers wishing to benefit from the so-called matching premium adjustment that arises under the new insurance regulatory regime known as Solvency Assessment and Management.

Exchange-traded Funds: gaining ground

The Stock Exchange of Mauritius (SEM) allows for the local listing of ETFs.

NIGERIA: Sec Approves Lotus Halal Fixed Income Fund

The Lotus Halal Fixed Income Fund is aimed at investors who do not want exposure to the volatility of the stock market but desire an investment with regular distributions and low risk. With a minimum investment of N5,000, the fund is accessible to all inv

Stanbic IBTC Pension to hold retirement forum

In a statement at the weekend, he said about 600 participants are expected at the forum to be held on Thursday in Lagos.

Billionaire launches new company with Sanlam heavyweights

ARC is a subsidiary of Ubuntu-Botho Investments, Sanlam's empowerment partner.

New rules set to revive South Africa's hedge fund industry

CISCA regulation expected to boost allocations to hedge funds over long term

African Bank Yields Fall as Investors See Hope for Survival

African Bank collapsed in August 2014 with senior-debt investors owed more than 40 billion rand ($2.72 billion).

Partnering With You to Do Good Things: Old Mutual Publishes Positive Futures Plan

Old Mutual has launched the Positive Futures Plan focusing on two areas where it can have the greatest influence on sustainable growth; namely enabling financial wellbeing and responsible investment.

Nigeria may issue Chinese Panda bonds to help fund 2016 budget

China launched the market for Pandas - yuan-denominated bonds sold by overseas entities on the mainland - in 2005 but only a handful of foreign entities have raised debt there.

Africa to become major alpha source

On top of population growth, Kotecha said that there was a significant movement from rural to urban regions, accompanied by higher per capita income.

Nigeria Sets to Launch into $400bn Gold Trade

According to Awolowo, two African nations which currently contributed a very insignificant percentage of the gold trade are Kenya and Rwanda.

Fund manager sees continuing growth from rising African consumer markets juggernaut

“Africa is fast becoming an important profit driver for some of the largest multinational consumer based companies,” says Insync’s Monik Kotech.

Old Mutual’s forays into informal economy

This business unit, Mushosho said, would use a group lending model for its business.

SA: Retirement funds members urged to be active participants

The research found that only 20% of participants were aware of the value of their investment when they retired. Experts say that by then it will be too late to try and catch up if their investment has not performed well.

IFC supports Standard Bank Namibia employee ownership

Namibia remains one of the most unequal societies in the world and faces significant socio-economic challenges.

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