Managers of Wealth Africa

Rand flexes as money floods into South Africa

Investec Chief Economist Annabel Bishop noted that the US dollar saw a period of relative stability last week following growing weakness that kept the rand resilient against the greenback.

Equity Group to Become First Kenyan Bank to Expand into UAE

The representative office will also enable Equity Bank to fund Kenyan and East African firms and investors with business interests in the Emirates and even for foreign traders, expanding its market base and customer portfolio.

FG targets 25% industry share of GDP by 2035

In a related development, Owan said that the government has validated the Nigeria Industrial Policy (NIP) aimed at driving inclusive growth

R3 trillion in pensions under threat in South Africa, and bill to end MP medical-aid privileges

Last month, South Africa’s statistics agency reported the highest inflation rate since September 2024.

Africa Targets $50B-a-Year for Climate, Amid a History of Unmet Pledges

Analysts are waiting for more information on the timeline for mobilizing the funds, as well as the participation of states and the private sector.

South Africa set to meet or beat budget-deficit goal: BNP

A smaller deficit would be welcomed by investors and the Treasury.

Gold surpasses inflation-adjusted record high set in 1980

The spot price of gold has surged about 5% so far this month, with prices hitting an all-time high of $3 674.27 an ounce on Tuesday.

Solid gains in gross official reserves

The recent boost in Nigeria’s external reserves has been supported by several factors

Billionaire Johann Rupert’s South African investment group set for big earnings boost

In a trading update for the year ended 30 June 2025, the group said that it expects a massive increase in headline earnings, which is the only metric used for trading statement purposes.

A q/q rise in Nigeria’s merchandise trade

The total value of goods exported during the quarter increased to USD13.9bn

Robust FX flows in Q1 ‘25 driven by autonomous inflows

As illustrated by our chart, FX inflows into the economy have steadily increased since Q4 ‘23

South African rand steady with domestic GDP figures in focus

Investor focus will shift to mining, manufacturing and current account numbers due on Thursday.

SARB to introduce triparty collateral management model

The SARB is actively pursuing reforms to address these bottlenecks with initiatives

Leruo Malumo on Santam’s new SmartSME insurance product

Having all of this value in a single insurance package is hugely beneficial to South African small business owners and entrepreneurs.

Redefining financial freedom for retirement

Samuel added that we need to recognise that retirement is no longer a ‘final destination’, but rather a dynamic next chapter in people’s lives

FCMB projects N265.2bn gross earnings

These are expected to lift net operating income to N149.12bn.

How Afreximbank is closing Africa’s financial, infrastructure gaps, trade barriers

Since its inception, Afreximbank’s leadership has been focused on transforming Africa’s export profile, shifting away from raw material exports towards value-added production.

Knight Frank: Africa's warehousing occupancy hit 83% on the back of trade and tech surge

Occupancy levels for modern warehouses surged to 83% in H1 2025.

GCC-Stat reports significant progress of GCC countries in Circular Carbon Economy Index

Three GCC countries topped the index at the Middle East and North Africa level

Inflation rate in Ghana continues fall to 11.5% in August

The Government Statistician said inflation for goods dropped to 13.9 per cent from 14.2 per cent in July.

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