Managers of Wealth Africa

Who’s doing what in the South African M&A space?

News from JSE-listed companies, unlisted companies and those in the rest of Africa.

Private equity continues to outperform listed equity

Van der Merwe says that the sustained positive rand-based returns tell a story of an industry that continues to grow and deliver.

Kenya: Imagine a Bedroom With a Top to Floor Window Overlooking the Ocean!

Over the last few years, Kenya has been a stable economy growing by the day

It’s time to disrupt the funding landscape in SA

Upscaling private companies in South Africa is a massive task. But if we’re serious about growing our base of job-creating private companies, something needs to be done.

Nigeria to expand stock exchange range to lure investors

It will also change its ownership structure this year

Egypt discusses project funding with African Development Bank

The focus was on the priorities of the development projects of Luxor province and the rest of the provinces, especially in Upper Egypt

Uganda: Housing Finance Readies for Agency Banking

Agency banking allows a financial institution to contract an agent, say a retail shop, supermarket chain, postal outlet or mobile network operator, to process transactions on behalf of the bank.

Stanbic IBTC Asset Management Supports Less Privileged

Dayo-Olagunju reaffirmed SIAML’s continued support for Thoughtful House Foundation which the firm looks to sustain moving forward.

Looking for answers from the unit trust team that lost 66% in two days

Hard questions being asked of Third Circle.

African Bank side pockets may continue

The remaining bad loans will be restructured into what is being referred to as the “Residual Bank”.

BayHill to focus on clients’ share portfolios

Cannon Asset Managers will focus on unit trusts and attracting funds from institutional investors, such as pension funds.

Sanlam rate of return at 6.42 percent

This fund aims to deliver a higher level of income than fixed deposits and call deposits over time

Kenya Ministers Pitch Projects to Investors in Addis

Government officials Wednesday sought to improve Kenya's image as a place to do business telling foreign investors to put their money in Kenya, as part of a new strategy to increase foreign investment.

Tunisia: French-Tunisian private equity fund to be launched February 5

It will also allow Tunisian and French SMEs to consolidate their development projects and their competitive positions on the long term

New chapter for Dulal-Whiteway includes work in Ghana

Dulal-Whiteway’s last day in office is on February 10, but he won’t be home for too long before he has to board a trans-Atlantic flight to Ghana.

African Bank Revival Moves Ahead as Bondholders Offered New Debt

The remaining viable assets of the South African lender are able to start operating after a new board was put in place and authorities granted the company a banking license.

Tower Property’s offshore strategy helps boost revenues by 55%

Last week, Tower announced its largest acquisition to date with the purchase of a portfolio of four retail shopping centres in Croatia for €66.4 million R1,1 billion.

SA’s first retail hedge funds available to investors

Two fund of hedge fund offerings launched by Novare.

Stanbic IBTC Pension records over N1tr assets

He further disclosed that in line with its commitment to enriching customer experience, the company would continue to broaden and enhance its service channels for efficient service delivery.

AfrAsia Bank Honoured At The African Excellence Awards For AfrAsia Bank Mauritius Open

The upcoming AfrAsia Bank Mauritius Open 2016 will be held at Four Seasons Golf Club Mauritius at Anahita on 12-15 May.

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