Managers of Wealth Africa

Investec has a R2 million budget for the private protection of its executives

The South African Police Service (SAPS) latest crime statistics showed a rise in violent crimes across the country.

Access Bank to boost small businesses in Nigeria with $280 million DFC financing

DFC financing for Access Bank will provide needed liquidity given the global economic downturn caused by the COVID-19 pandemic.

Kenya private sector activity shrinks for fourth straight month in July -PMI

Kenyans will vote on Aug. 9 to elect a new president, local authorities and legislators

Apex Group closes transformative acquisition of Sanne

The addition of Sanne brings another 2,500 people into the Group and adds six new locations in Denmark, Japan, Serbia, South Africa, Spain and Sweden.

Old Mutual Nigeria introduces Education Protection Plan

"Investing in an education plan is an intelligent way of ensuring your child gets the best education possible without the exigencies of life interrupting their learning process."

Nigerian Equity Market Rebounds By N379bn

Multiverse Mining & Exploration followed with a gain of 9.94 per cent to close at N1.88, while UCAP rose by 9.90 per cent to close at N11.10 per share.

FBN Holdings records N359.2bn gross earnings in 6 months

The Group remains committed in its transformation drive, which has resulted in stronger balance sheet and better asset quality with non-performing loans closing at 5.4 per cent at H1 2022.

The property trend among South Africa’s middle class – despite economic pressure

Goosen said the latest TransUnion Consumer Pulse Study for the second quarter of this year showed that 56% of consumers said they were likely to default on at least one of their bills and loans in the next three months.

Sanlam pledges commitment to Ghana’s market

Mr Majal pledged Sanlam’s commitment to Ghana, and the importance of the West African market to Sanlam.

Banks, OPS brainstorm on synergy for economic growth

The need for the two sectors to work closely cannot be overemphasised. ACAMB is therefore reaching out to secure the participation of relevant speakers at the conference,

RMB Nigeria Supports Dangote Industries Limited in Landmark Corporate Bond Issuance

The Series 1 bond offer comprised of Tranche A: 7-year and Tranche B: 10-year, Senior Unsecured Fixed Rate Bonds.

African Development Bank and African Guarantee Fund sign $110 million agreement with Tanzania’s CRDB Bank to boost access to finance by women’s SMEs

Similarly, the African Guarantee Fund has signed a guarantee line to CRDB Bank worth $50 million.

10 more states to benefit from World Bank’s $500m project

"The aim is to return children back to school in these parts of the country, especially the girl child whose education has been severely impacted by insecurity."

Investment schemes cut property allocation 58pc

The regulations have led to a shift to more liquid assets.

The ‘real’ value of the rand right now, according to the Big Mac Index

The Big Mac is selected for comparison as the popular fast-food meal is widely available and remains fairly consistent in pricing; however, it is by no means an exact measure.

Africa Prudential declares 142% growth in assets FY21

The statement noted that total liabilities stood at N29.49bn, a 322 per cent YTD increase compared to N6.99 billion as at FY 2021.

Despite FG Borrowing, Experts Assures on Pension Fund Safety

The National Pension Commission (Pencom), in its defense went into battle of convincing and reassuring them on the safety of their funds by denying the reports.

Kenyan VC firm FrontEnd Ventures unveils fund to back local founders

The take-off for the fund has been rapid, and it has just closed its initial $1 million to help Kenyan founders secure the early-stage funding that often eludes most of them, despite the country being among the top four investment destinations in Africa.

Access Holdings Leads Tier-1 Banks with Largest Customer Base

The banking subsidiary of Access Bank in 2017 had 9 million customer base and in 2018, it increased to over 10 million.

South Africa’s rand is undervalued for now

Even though it is trading above our fair-value range, cyclically, we prefer to maintain a weakening bias.

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