Managers of Wealth Africa

International giant buying South African bank for R2.8 billion

Bidvest Bank is a full-service bank that offers foreign exchange, fleet, business and personal financial products.

T-Bills auction shortfall worrying

The 182-day bill yield rose to 12.38 per cent from 12.23 per cent the prior week, while the 364-day bill yield declined marginally to 13.00 per cent.

International giant worth R1.9 trillion set to cut South African company

The company has been a major contributor to KwaZulu-Natal for nearly half a century and is the largest taxpayer in the province.

A m/m rebound in FX supply driven by FPIs

The recovery, while encouraging, highlights the continued volatility in FX liquidity.

The state of Nigeria’s manufacturing sector

This disappointing outturn can be attributed to persistent structural challenges

A quiet auction performance in August

This resulted in a bid-to-offer ratio of 1.34x, significantly lower than the 3.76x recorded in the previous month

Absa Bank is Bancassurance Leader at 2025 Insurance Awards

Absa’s Bancassurance model provides access to life, health, education, motor, and home insurance through its branch network and digital platforms.

South Africans being tricked into debt review

Debt review is a legal process designed to assist consumers who are over-indebted.

Bosquet Investments acquires Nedbank Group’s 21.22% ETI shares

The sale follows Nedbank’s decision to realign its strategy towards its core markets in Southern and Eastern Africa where the Group owns and controls businesses.

BoM: “Country’s International Reserves Reach Four-Year High, Standing at $3.9B”

The reserves (foreign currency holdings) had recorded their lowest level in about a year in February, dropping to 3.5 billion dollars (228.3 billion meticais).

South Africans hanging by a dangerous thread

A clear trend among all those who have gone this route is that they have active personal loans, with the group tracking a 95% hit rate.

South Africa: Historic step for Eskom as it rolls out renewable energy offtake programme

The RFP offers tailored solutions that meet operational requirements while contributing to South Africa’s decarbonisation goals

Pensions and policy choices

A lot has changed over the past 90 years, especially in the quality and extent of human lives.

Records tumble in best year yet for South Africa’s hedge fund industry

It also reflects growing investor preference for hedge funds due to their agility, downside protection, and ability to generate absolute returns.

Bosquet Investments acquires a 21.22% stake in Ecobank

We are pleased to welcome Bosquet Investments Ltd. as a significant shareholder of ETI.

Cedi strengthens as fiscal discipline, debt deals drive Ghana’s recovery – World Bank

The World Bank points to spending restraint and the enforcement of new fiscal rules in the first half of 2025 as key signals of renewed discipline.

African Development Bank Funds Green Projects

African Development Bank invests $40 million in the AGIA-PD Fund, marking a significant leap in green infrastructure development across Africa.

South Africa has been left behind

The governor explained that, while the Reserve Bank is happy to provide notes and coins to the economy, cheap, safe and fast digital payments would offer many benefits to South Africans.

Nedbank buying one of South Africa’s fast-growing companies for R1.65 billion

It has also distributed more than R3 billion in working capital into the SME sector.

Republic Bank, Bank of Africa provide lowest interest rates on loans to individuals

It comprises the Ghana Reference Rate, bank specific risk-premia and other bank-specific charges.

Alternative Investments