Managers of Wealth Africa

Pension scheme returns double on resurgent NSE

The top four listed companies by market capitalisation — Safaricom, Equity Bank, EABL, and KCB — have seen their share prices rise by between 16 and 35 percent since January.

PenOp pledges support for pension firms, workers

According to Barrow, leadership development has to be prioritised for satisfactory business outcomes in an ever-changing work environment.

Total pension assets will hit N20tn by 2023 – Report

The report also added that the industry’s annual contributions, over the last five years, had averaged N699bn while withdrawals had averaged about N341bn, translating to a net annual contribution of N347bn and accounting for 26.6 per cent of the ind

Stanbic's half–year profit up 34.6 per cent

Closes the period at Sh3.5 billion.

Business Talk – In conversation with Shergeran Naidoo from BankservAfrica

With the rising cost of living in South Africa – thanks to fuel hikes, food price increases and electricity well above inflation – the needle on take-home pay in the country has hardly moved over the last 4-5 years.

Sanlam seeing ‘significantly more death and funeral claims’

Claims in its individual life unit hit R4.75bn last year, with a 60% increase in funeral claims alone, largely attributed to Covid-19.

South Africa Investment Industry Backs Early Pension-Access Plan

‘Two-bucket’ system proposed to safeguard retirement savings

Zurich's life sales growth in EMEA 'mainly driven' in five countries

The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.

South Africa's Absa, African Rainbow launch renewables investment platform

Starting with a total of 31 renewable energy assets from the founding partners, African Rainbow Energy will invest in projects including solar, wind and battery storage.

Property industry lost a dealmaker extraordinaire in Investec's Sam Hackner

"His values, passion and clarity of thought became entrenched in the fabric of the business, proving invaluable and contributing to the success and growth of the Fund for over ten years," wrote Investec Property Fund when it announced his passin

How South African SMEs can position themselves for growth

The good news is that wherever your SME is in its growth curve, affordable cloud-based business solutions and ecosystems make backend process support — previously reserved for larger companies — available to even the smallest sole proprietor,

How South Africa could pay for a universal basic income

The question is then not about whether a UBIG should be implemented, but rather how it should be designed and financed.

Nigeria's WEMA Bank expands long-term business agreement with Network International

This collaboration will provide the bank access to Network International’s advanced digital infrastructure, allowing it to better meet its customers’ payment and card needs in Africa.

ALLAN GREENBLO: Forget the concept of public-private-pension partnerships

Retirement funds are on their own to select just where they want to go and how to go about it, and perhaps that’s a good thing

TransCentury banks on $48m cash fix

The transaction is expected to be concluded in the third quarter (July-September) of this year subject to shareholder and regulatory approvals.

Zimbabwe: Capital Markets Awards Nominations Process Begins

"Voting will be based on polls conducted on all categories at different times," Zharare said.

Why SA's list of female CEOs at top companies is still so short

Meanwhile, the list of female CEOs in listed companies has also seen some prominent names crossed off, like Basani Maluleke's unceremonious departure from African Bank and Lizé Lambrechts's imminent early retirement from Santam.

Diamond sales at De Beers' Botswana unit rebound as global market recovers

Botswana gets about 30% of its revenues and 70% of its foreign exchange earnings from diamonds

Nigeria CEOs Among Best Paid in Sub-Saharan Africa, PwC Says

More than 40% of Nigerians, or 82.9 million people, are classified as poor based on their real per-capita expenditure of less than 137,430 naira ($334) a year, 2019 data from the National Bureau of Statistics show.

These are the companies that South Africans most want to work for

“Employers do not pay or choose to be on the list of employers evaluated and students themselves decide on which employers should be included by voting employers on or off the list.”

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