Managers of Wealth - Africa http://africa.managersofwealth.com/ Tue, 17 Mar 2026 08:23:20 GMT part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP Swiss wealth management major Banque Pictet opens SA office as African wealth surges News Aggregation Team Monday, February 16, 2026 12:00 am http://africa.managersofwealth.com/article/42022/swiss-wealth-management-major-banque-pictet-opens-sa-office-as-african-wealth-surges Swiss private bank targets rising millionaire class and cross-border investment flows Wealth and Asset Management Big shift for salaries in South Africa in 2026 News Aggregation Team Monday, February 16, 2026 12:00 am http://africa.managersofwealth.com/article/42026/big-shift-for-salaries-in-south-africa-in-2026 “Although the average nominal salary flattened in December 2025 at R21,397, it was still 1.8% higher than a year ago,” said PayInc Head of Stakeholder Engagements Shergeran Naidoo. Wealth and Asset Management 5 wealth management trends for South African HNW families in 2026 News Aggregation Team Tuesday, February 03, 2026 12:00 am http://africa.managersofwealth.com/article/41949/5-wealth-management-trends-for-south-african-hnw-families-in-2026 Strategic insight, experience, and emotional intelligence are qualities machines cannot imitate. Wealth and Asset Management Amethis and Edmond de Rothschild Private Equity announce the final closing of Amethis Fund III in line with its target at EUR 406M News Team Tuesday, January 20, 2026 12:00 am http://africa.managersofwealth.com/article/41876/amethis-and-edmond-de-rothschild-private-equity-announce-the-final-closing-of-amethis-fund-iii-in-line-with-its-target-at-eur-406m AFIII is the third vintage of Amethis’ flagship pan-African strategy. Wealth and Asset Management The richest people in South Africa at the start of 2026 News Aggregation Team Wednesday, January 07, 2026 12:00 am http://africa.managersofwealth.com/article/41804/the-richest-people-in-south-africa-at-the-start-of-2026 The billionaire list for South Africa, based on the live tracking from Forbes, has expanded since the start of 2025, with two additional names now featured on the list. Wealth and Asset Management South African billionaire cashes in R2.5 billion payday News Aggregation Team Wednesday, December 24, 2025 12:00 am http://africa.managersofwealth.com/article/41765/south-african-billionaire-cashes-in-r25-billion-payday Bekker sold the shares between 17 and 19 December in several transactions totalling R2.47 billion. Wealth and Asset Management Season's Greetings from Managers of Wealth News Team Wednesday, December 24, 2025 12:00 am http://africa.managersofwealth.com/article/41769/seasonamp039s-greetings-from-managers-of-wealth Happy New Year to all Wealth and Asset Management Why Mauritius is Africa’s new magnet for 1,200 millionaires from China, France News Aggregation Team Friday, December 19, 2025 12:00 am http://africa.managersofwealth.com/article/41741/why-mauritius-is-africaamprsquos-new-magnet-for-1200-millionaires-from-china-france Mauritius ranks second only to Morocco, which attracted about 1,400 millionaires over the same period. Wealth and Asset Management Over 40 jobs that pay more than the average salary in South Africa News Aggregation Team Monday, December 15, 2025 12:00 am http://africa.managersofwealth.com/article/41713/over-40-jobs-that-pay-more-than-the-average-salary-in-south-africa Bonuses paid to employees increased by R6.2 billion or 10.9% from R56.7 billion in June 2025 to R62.9 billion in September 2025. Wealth and Asset Management Investec named South Africa’s Bank of the Year 2025 by The Banker News Aggregation Team Friday, December 12, 2025 12:00 am http://africa.managersofwealth.com/article/41701/investec-named-south-africaamprsquos-bank-of-the-year-2025-by-the-banker Earlier this year, The Banker also recognised Investec as the Best Performing Bank in the UK in its Top 1000 Global Banks ranking Wealth and Asset Management Sam Ngumeni to take over as Woolworths Group CEO from Roy Bagattini News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42180/sam-ngumeni-to-take-over-as-woolworths-group-ceo-from-roy-bagattini When Bagattini retires after six years at the helm later this year. Executive Moves Loewald to join PSG board post-Sarb retirement News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42166/loewald-to-join-psg-board-post-sarb-retirement Former Reserve Bank chief economist joins ranks of private sector leaders Executive Moves Wema Bank executive appointed 2026 SABRE Awards juror News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42170/wema-bank-executive-appointed-2026-sabre-awards-juror Reflecting on the role’s significance and the current state of the industry, Adeteye noted that the African PR landscape is undergoing a fundamental transformation. Executive Moves African Bank boss Kennedy Bungane resigns with immediate effect News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42143/african-bank-boss-kennedy-bungane-resigns-with-immediate-effect Group names Zweli Manyathi as interim CEO. Executive Moves Van Schalkwyk appointed Momentum Metropolitan regional manager News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42149/van-schalkwyk-appointed-momentum-metropolitan-regional-manager Momentum Metropolitan Namibia has appointed Joggie van Schalkwyk as regional manager within its Momentum Metropolitan Retail business unit. Executive Moves 11Plc MD Oyebanji retires after 45-year service News Aggregation Team Friday, March 06, 2026 12:00 am http://africa.managersofwealth.com/article/42137/11plc-md-oyebanji-retires-after-45-year-service The Board of Directors of 11Plc expressed its profound gratitude to Oyebanji for his leadership and invaluable contributions to the company and wished him the best in his future endeavours. Executive Moves FirstBank appoints Rosie Ebe-Arthur as Acting Board Chairman News Aggregation Team Tuesday, March 03, 2026 12:00 am http://africa.managersofwealth.com/article/42108/firstbank-appoints-rosie-ebe-arthur-as-acting-board-chairman A Fellow of the Chartered Institute of Personnel and Development (CIPD), UK, she has built a distinguished career spanning financial services and professional advisory institutions. Executive Moves Reserve Bank on the hunt for a new director News Aggregation Team Friday, February 27, 2026 12:00 am http://africa.managersofwealth.com/article/42092/reserve-bank-on-the-hunt-for-a-new-director The vacancy that will arise requires that nominees have skills and knowledge in commerce and the finance sector. Executive Moves Risper Ohaga appointed CEO of APA Apollo Group News Aggregation Team Thursday, February 26, 2026 12:00 am http://africa.managersofwealth.com/article/42087/risper-ohaga-appointed-ceo-of-apa-apollo-group The change takes effect on July 1, 2026. Executive Moves Exabeam Expands Regional Leadership with Strategic Appointments Across India, the Middle East, Turkey, and Africa News Aggregation Team Monday, February 23, 2026 12:00 am http://africa.managersofwealth.com/article/42062/exabeam-expands-regional-leadership-with-strategic-appointments-across-india-the-middle-east-turkey-and-africa These strategic appointments strengthen the on-the-ground presence of Exabeam with dedicated expertise to recognize and serve the unique cybersecurity needs of IMETA and the KSA. Executive Moves Former Steinhoff audit executive sentenced to four years or R2m fine News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42178/former-steinhoff-audit-executive-sentenced-to-four-years-or-r2m-fine Odendaal found to be negligent as he ought to have suspected fraud by other employees Legal Judgment clarifies when third-parties can intervene in South African mergers News Team Wednesday, February 25, 2026 12:00 am http://africa.managersofwealth.com/article/42079/judgment-clarifies-when-third-parties-can-intervene-in-south-african-mergers The Constitutional Court ultimately overturned the CAC’s ruling and reinstated the Tribunal’s original order Legal Cybercrime Act being used to suppress free speech — NBA president News Aggregation Team Thursday, February 12, 2026 12:00 am http://africa.managersofwealth.com/article/42010/cybercrime-act-being-used-to-suppress-free-speech-ampmdash-nba-president According to Osigwe, the judiciary is complicit in this trend. Legal Glencore, AFC, Mauritius Bank, Fidelity Sue First Bank Trustees and Receiver, Abubakar Sulu Gambari News Aggregation Team Thursday, January 22, 2026 12:00 am http://africa.managersofwealth.com/article/41899/glencore-afc-mauritius-bank-fidelity-sue-first-bank-trustees-and-receiver-abubakar-sulu-gambari Neconde Energy Limited, a prominent player in Nigeria’s oil and gas sector, holds 45% interests in OML 42, an oil asset of strategic importance. Legal SCA orders FirstRand to repay client R170k for defective bakkie News Aggregation Team Wednesday, December 17, 2025 12:00 am http://africa.managersofwealth.com/article/41728/sca-orders-firstrand-to-repay-client-r170k-for-defective-bakkie Aletta van Niekerk was appealing a North West High Court judgment in favour of FirstRand. Legal Dentons expands presence in Africa with leading firm in Cameroon News Team Tuesday, December 16, 2025 12:00 am http://africa.managersofwealth.com/article/41717/dentons-expands-presence-in-africa-with-leading-firm-in-cameroon Cameroon’s role as a major transit hub positions it as a gateway for global business activity. Legal Dentons strengthens pan-African reach with launch in Senegal News Team Wednesday, December 03, 2025 12:00 am http://africa.managersofwealth.com/article/41647/dentons-strengthens-pan-african-reach-with-launch-in-senegal “Our firms were brought together by a mutual vision for excellence and a deep commitment to delivering world-class legal services,” said Kate Barton, Global CEO. Legal Court orders N1.07bn payment to ex-Kogi deputy gov News Aggregation Team Tuesday, December 02, 2025 12:00 am http://africa.managersofwealth.com/article/41639/court-orders-n107bn-payment-to-ex-kogi-deputy-gov UBA had argued that the money was sourced from the World Bank for environmental projects across northern states and was therefore unavailable to settle the judgment debt. Legal African Development Bank Group debars Yessan Sarlu and Ayitévi Amadote for 18 months for Fraudulent Practices News Team Tuesday, December 02, 2025 12:00 am http://africa.managersofwealth.com/article/41640/african-development-bank-group-debars-yessan-sarlu-and-ayitampeacutevi-amadote-for-18-months-for-fraudulent-practices During the debarment period, Yessan Sarlu, Mr. Ayitévi Yao Mawulolo Amadote, and all entities under their control will not be eligible to participate in African Development Bank Group-financed activities. Legal Alleged $1b debt claim: First Bank, Access Bank, Zenith Bank MDs risk imprisonment over disobedience of court order News Aggregation Team Monday, November 24, 2025 12:00 am http://africa.managersofwealth.com/article/41591/alleged-1b-debt-claim-first-bank-access-bank-zenith-bank-mds-risk-imprisonment-over-disobedience-of-court-order The suit concerns a high-stake dispute involving onshore oil asset and the FSO Ugo Ocha, linked to interests in the OML 42 Joint Venture, in which the Federal Government owns a 55 per cent share. Legal South African telecoms group MTN swings to annual profit News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42184/south-african-telecoms-group-mtn-swings-to-annual-profit South Africa-headquartered ​MTN had reported a restated ​loss before tax of 4.1 billion rand in 2024. FinTech MML’s MoMo transactions hit GH¢4.1trn in digital finance surge News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42185/mmlamprsquos-momo-transactions-hit-ghampcent41trn-in-digital-finance-surge The sharp growth in float reflects increasing consumer trust in mobile wallets as a store of value and a key transactional platform in Ghana’s fast-evolving digital payments landscape. FinTech SA traders are using crypto to access the S&P 500 and Nasdaq News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42172/sa-traders-are-using-crypto-to-access-the-sampampp-500-and-nasdaq The convergence of crypto and traditional finance is reshaping access to global markets – and it’s a shift PrimeXBT is built for. FinTech SEC cracks down on unregistered digital platforms News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42161/sec-cracks-down-on-unregistered-digital-platforms Nigeria has emerged as a leading innovation hub in Africa, with FinTech entrepreneurs expanding financial access FinTech Digital wallets and biometrics gain ground in South Africa News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42165/digital-wallets-and-biometrics-gain-ground-in-south-africa Biometric authentication has already gained widespread traction. FinTech FirstBank partners UNIBEN to expand digital banking News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42154/firstbank-partners-uniben-to-expand-digital-banking He said the partnership with UNIBEN led to the creation of a hub where students, faculty, and community members can access FirstBank’s digital world. FinTech MTN Nigeria posts N5.2tn revenue, boosts economy News Aggregation Team Friday, February 27, 2026 12:00 am http://africa.managersofwealth.com/article/42098/mtn-nigeria-posts-n52tn-revenue-boosts-economy The 2025 financial year, according to a statement from the firm, was described as a remarkable period of recovery and resilience for the company. FinTech The software revolution reshaping African banking News Aggregation Team Thursday, February 26, 2026 12:00 am http://africa.managersofwealth.com/article/42085/the-software-revolution-reshaping-african-banking The Kenyan lender accounted for nearly 45% of the country’s MSME loan disbursements, a feat underpinned by its deployment of sophisticated machine-learning credit models. FinTech Africa’s next payments leap: Stablecoins on every corner News Team Wednesday, February 25, 2026 12:00 am http://africa.managersofwealth.com/article/42077/africaamprsquos-next-payments-leap-stablecoins-on-every-corner Stablecoin adoption is moving from niche corridors to street vendors, says Enza Capital’s Nzwisisa Chidembo. FinTech More tech: a growing burden for South African businesses News Aggregation Team Wednesday, February 25, 2026 12:00 am http://africa.managersofwealth.com/article/42078/more-tech-a-growing-burden-for-south-african-businesses South African businesses are investing more in technology than ever before. FinTech Zenith Bank targets affluent clients with new Visa Signature Card News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42187/zenith-bank-targets-affluent-clients-with-new-visa-signature-card The Visa Signature Card is designed for customers who frequently travel and make high-value transactions both locally and abroad. Retail Banking African Women shift from seeking seats to building institutions, UBA panel says News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42188/african-women-shift-from-seeking-seats-to-building-institutions-uba-panel-says It explored how women across Africa are reshaping leadership, innovation and business while creating sustainable economic and social impact. Retail Banking BdM: Mandatory Bank Reserves Rose 20% in 2025 to $4.1 Billion News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42174/bdm-mandatory-bank-reserves-rose-20-in-2025-to-41-billion The statistical report does not provide explanations for this sharp growth in just one month. Retail Banking New bank coming after Capitec already has 2,500 branches across South Africa News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42176/new-bank-coming-after-capitec-already-has-2500-branches-across-south-africa Pepkor received approval from South African authorities last year to establish a banking presence and bought a financial technology platform to support this expansion. Retail Banking Big changes for debit orders in South Africa next month News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42177/big-changes-for-debit-orders-in-south-africa-next-month The change has been confirmed by the South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA). Retail Banking Standard Chartered Bank Ghana named Best in Cash Management at Innovation & Excellence Awards News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42179/standard-chartered-bank-ghana-named-best-in-cash-management-at-innovation-ampamp-excellence-awards These services are delivered through digital platforms and automated systems designed to support treasury operations and optimise cash flow. Retail Banking South African Absa Group expands presence on the continent News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42167/south-african-absa-group-expands-presence-on-the-continent In Zambia, Absa is considering the possibility of participating in mining projects, including copper and rare earths. Retail Banking Good news for FNB customers in South Africa News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42153/good-news-for-fnb-customers-in-south-africa Last year, the department announced a new digital partnership model, which will allow FNB access to Home Affairs’ back-end systems for faster, more reliable processing for further reach. Retail Banking Absa and Thunes team on digital remittances News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42142/absa-and-thunes-team-on-digital-remittances With international remittances playing an increasingly critical role in supporting families, education, healthcare and small businesses, customers are demanding solutions that are intuitive, transparent and cost-effective. Retail Banking How every R100 in tax you pay is spent in South Africa News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42144/how-every-r100-in-tax-you-pay-is-spent-in-south-africa As a result, spending in these social wage areas had to be reduced to fund debt servicing. Retail Banking Cedi strength cuts Societe Generale Ghana's bottom line as profit after tax dips 28% News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42103/cedi-strength-cuts-societe-generale-ghanaamp039s-bottom-line-as-profit-after-tax-dips-28 Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere. Investment Banking Rothschild & Co receives two major awards from The Banker News Aggregation Team Friday, December 05, 2025 12:00 am http://africa.managersofwealth.com/article/41661/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Investment Banking Ethiopia Adds Fourth Investment Bank as ECMA Licenses Awash Capital News Aggregation Team Thursday, November 20, 2025 12:00 am http://africa.managersofwealth.com/article/41577/ethiopia-adds-fourth-investment-bank-as-ecma-licenses-awash-capital The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry. Investment Banking Nedbank CIB crowned Best Investment Bank in SA – three years running News Aggregation Team Monday, September 22, 2025 1:00 am http://africa.managersofwealth.com/article/41237/nedbank-cib-crowned-best-investment-bank-in-sa-ampndash-three-years-running Award reinforces the institution’s role as a trusted partner. Investment Banking Goldman, Investec see room for three SA rate cuts in 2025 News Aggregation Team Thursday, July 24, 2025 1:00 am http://africa.managersofwealth.com/article/40905/goldman-investec-see-room-for-three-sa-rate-cuts-in-2025 Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August. Investment Banking Full List of 17 Licensed Investment Banks Operating in Kenya News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking SA banks holding their own against offshore lenders, says BDO News Aggregation Team Monday, April 14, 2025 1:00 am http://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking CardinalStone Partners Limited Completes Acquisition of Radix Pension Managers News Team Friday, February 14, 2025 12:00 am http://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking 4 banks call it quits in South Africa in 2024 News Aggregation Team Monday, December 09, 2024 12:00 am http://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking FBNQuest Asset Management Wins BAFI Award Excellence News Aggregation Team Wednesday, November 20, 2024 12:00 am http://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking Sanlam profit up despite slower operational earnings growth News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42181/sanlam-profit-up-despite-slower-operational-earnings-growth Dividend up 9%, supported by strong cash flows and balance sheet resilience. Alternative Investments Ecobank reports 194% surge in lending to women-led businesses News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42169/ecobank-reports-194-surge-in-lending-to-women-led-businesses Through its gender-focused initiatives, the bank is working to close this gap by combining tailored financial products Alternative Investments Standard Chartered hits GH¢76.05, BOPP jumps GH¢7.00 as GSE charges towards GH¢283billion cap News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42171/standard-chartered-hits-ghampcent7605-bopp-jumps-ghampcent700-as-gse-charges-towards-ghampcent283billion-cap Total volume of shares traded for the session surged to 4,944,937 Alternative Investments African Development Fund to provide $5.52 million grant to West African Tax Administration Forum to boost domestic revenue mobilization News Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42173/african-development-fund-to-provide-552-million-grant-to-west-african-tax-administration-forum-to-boost-domestic-revenue-mobilization The grant is to be financed from the Transition Support Facility (TSF) of the African Development Fund (ADF), the Bank Group’s concessional window. Alternative Investments South African lender Absa posts 12% rise in annual earnings News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42158/south-african-lender-absa-posts-12-rise-in-annual-earnings South Africa benefited from a meaningful improvement in credit impairments across several portfolios Alternative Investments South Africa’s GDP grows by 1.1% in 2025 News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42160/south-africaamprsquos-gdp-grows-by-11-in-2025 The latest figure marks an improvement from 2023 and 2024, when the South African economy was impacted by load shedding, higher risk-off sentiment, and elevated interest rates. Alternative Investments Mozambique: African Development Bank Group approves $20 Million Facility to Support SMEs News Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42164/mozambique-african-development-bank-group-approves-20-million-facility-to-support-smes This transaction-specific facility will strengthen BCI’s role in expanding trade finance in Mozambique, by increasing support for local enterprises and SME’ import and export activities. Alternative Investments Money flooding out of South Africa News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42152/money-flooding-out-of-south-africa “The rand weakened as the US dollar strengthened and foreigners sold off South African portfolio assets, with R3 billion worth of bonds sold on Friday,” Bishop said. Alternative Investments Store your gold underground News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42156/store-your-gold-underground There’s no need to build an expensive mine or damage the environment, just monetise the gold where it lies in the rock. Alternative Investments Major banking CEO fired, and Tau slams 134-year-old South African company liquidators News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42145/major-banking-ceo-fired-and-tau-slams-134-year-old-south-african-company-liquidators The conflict involving the US, Israel, and Iran entered its seventh day, with no signs of slowing down. Alternative Investments South Africans earning more than R180,000 a year are in trouble News Aggregation Team Monday, March 09, 2026 12:00 am http://africa.managersofwealth.com/article/42146/south-africans-earning-more-than-r180000-a-year-are-in-trouble The report showed that while higher-income earners continue to access large amounts of credit, defaults and overdue balances are rising across multiple income segments. Comment, Analysis & Research Ghana inflation falls to 3.3% in February 2026 News Aggregation Team Friday, March 06, 2026 12:00 am http://africa.managersofwealth.com/article/42139/ghana-inflation-falls-to-33-in-february-2026 Data from GSS showed that food inflation eased to 2.4 per cent, down from 3.9 per cent in January, Comment, Analysis & Research Ghana records 14th straight drop in inflation News Aggregation Team Thursday, March 05, 2026 12:00 am http://africa.managersofwealth.com/article/42127/ghana-records-14th-straight-drop-in-inflation The February rate marks a 19.8 percentage point plunge from the 23.1 per cent recorded in the same month last year. Comment, Analysis & Research Visa survey reveals South Africa's rapidly evolving payment landscape News Aggregation Team Thursday, March 05, 2026 12:00 am http://africa.managersofwealth.com/article/42128/visa-survey-reveals-south-africaamp039s-rapidly-evolving-payment-landscape This confidence is reinforced by the widespread adoption of advanced payment security tools Comment, Analysis & Research Bad turn for interest rate cuts in South Africa News Aggregation Team Wednesday, March 04, 2026 12:00 am http://africa.managersofwealth.com/article/42121/bad-turn-for-interest-rate-cuts-in-south-africa The market is also less confident of monetary easing over the rest of the year. It’s now pricing in just 15 basis points of easing by year-end, down from 39 on Friday. Comment, Analysis & Research How much you need to save to retire comfortably in South Africa News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42104/how-much-you-need-to-save-to-retire-comfortably-in-south-africa Household Saving Rate in South Africa decreased to -1.20% in the third quarter of 2025 from -1.10% in the second quarter of 2025. Comment, Analysis & Research Modest m/m rise in FX supply driven by FPIs News Team Tuesday, February 24, 2026 12:00 am http://africa.managersofwealth.com/article/42071/modest-mm-rise-in-fx-supply-driven-by-fpis The stronger FX liquidity was primarily driven by robust offshore investor participation, supported by Nigeria’s still elevated interest rate environment Comment, Analysis & Research South Africans are poorer than 20 years ago News Aggregation Team Wednesday, February 11, 2026 12:00 am http://africa.managersofwealth.com/article/42002/south-africans-are-poorer-than-20-years-ago Generally, higher per capita GDP indicates higher economic productivity and a higher standard of living. Comment, Analysis & Research Moody's upgrades outlook for Kenyan banks on interest rates fall News Aggregation Team Monday, February 09, 2026 12:00 am http://africa.managersofwealth.com/article/41988/moodyamp039s-upgrades-outlook-for-kenyan-banks-on-interest-rates-fall The agency raised the country’s rating from Caa1 to B3 in late January, six notches below investment grade. Comment, Analysis & Research Ghana’s inflation drops to 3.8% in January 2026, lowest since 2021 rebasing News Aggregation Team Friday, February 06, 2026 12:00 am http://africa.managersofwealth.com/article/41974/ghanaamprsquos-inflation-drops-to-38-in-january-2026-lowest-since-2021-rebasing On a month-on-month basis, inflation stood at 0.2 percent, indicating that the general price level increased marginally between December 2025 and January 2026. Comment, Analysis & Research Burkina Faso Evaluates Wealth Tax Options Through ATAF Engagement News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42182/burkina-faso-evaluates-wealth-tax-options-through-ataf-engagement Engagements have also included private-sector stakeholders such as financial institutions, audit firms and legal practitioners, to ensure a comprehensive and balanced assessment. Tax SARS has a new WhatsApp weapon to come after taxpayers News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42159/sars-has-a-new-whatsapp-weapon-to-come-after-taxpayers “Taxpayers should no longer assume that SARS communicates solely through these methods,” Tax Consulting SA said. Tax New tax year triggers surge in two-pot claims News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42162/new-tax-year-triggers-surge-in-two-pot-claims Volume of repeat withdrawals raises concerns, says Old Mutual. Tax Huge changes to VAT laws in South Africa News Aggregation Team Friday, March 06, 2026 12:00 am http://africa.managersofwealth.com/article/42136/huge-changes-to-vat-laws-in-south-africa The high court then heard an urgent application by the DA and the EFF to set aside the adoption of the Fiscal Framework by the National Assembly and the National Council of Provinces. Tax Bad news for taxpayers in South Africa, and South Africa’s R35 billion waterfront ‘city’ mess News Aggregation Team Wednesday, March 04, 2026 12:00 am http://africa.managersofwealth.com/article/42119/bad-news-for-taxpayers-in-south-africa-and-south-africaamprsquos-r35-billion-waterfront-amplsquocityamprsquo-mess Analysts noted that the drop in commodity prices could significantly affect the Johannesburg bourse Tax Taxpayers’ wallets not enough to cover public servants’ paycheques News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42105/taxpayersamprsquo-wallets-not-enough-to-cover-public-servantsamprsquo-paycheques Eight million taxpayers bankroll 1.3m public servants while services collapse … Tax SARS has a new weapon to come after taxpayers hard News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42107/sars-has-a-new-weapon-to-come-after-taxpayers-hard Put simply, financial institutions around the world will exchange taxpayer information to ensure everyone pays the right amount of tax. Tax Tax-free limit increased to R46,000 per year in South Africa News Aggregation Team Thursday, February 26, 2026 12:00 am http://africa.managersofwealth.com/article/42088/tax-free-limit-increased-to-r46000-per-year-in-south-africa This allowed the government to withdraw some of its proposed tax increases without risking fiscal sustainability or economic activity. Tax Good news about salaries in 2026 – with tax relief on the cards News Aggregation Team Wednesday, February 25, 2026 12:00 am http://africa.managersofwealth.com/article/42080/good-news-about-salaries-in-2026-ampndash-with-tax-relief-on-the-cards The increase in salaries stems from the gradual improvement in economic activity and the economy’s resilience despite several challenges. Tax The VAT increase businesses are begging for in South Africa News Aggregation Team Wednesday, February 25, 2026 12:00 am http://africa.managersofwealth.com/article/42081/the-vat-increase-businesses-are-begging-for-in-south-africa The VAT registration threshold has been stagnant at R1 million for 16 years. R1 million in 2009 is worth around R2.2 million today, adjusted for inflation. Tax SARS warning for South Africans with offshore investments News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42183/sars-warning-for-south-africans-with-offshore-investments Starting on 1 March 2026, SARS began receiving bulk financial data from over 120 jurisdictions through expanded Automatic Exchange of Information standards. Regulation,Tax & Compliance CBN Announces Transfer Limit for New Mobile Banking Users News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42186/cbn-announces-transfer-limit-for-new-mobile-banking-users This is part of fresh measures to strengthen security in Nigeria’s instant payment system. Regulation,Tax & Compliance CBN issues new rules on instant payments, BVN, dormant accounts News Aggregation Team Monday, March 16, 2026 12:00 am http://africa.managersofwealth.com/article/42189/cbn-issues-new-rules-on-instant-payments-bvn-dormant-accounts In one of the circulars, the CBN introduced new operational rules for instant payment services in Nigeria as part of efforts to protect customers and reduce cases of electronic fraud. Regulation,Tax & Compliance Kenya, Rwanda central banks launch cross-border payment access for fintechs News Aggregation Team Friday, March 13, 2026 12:00 am http://africa.managersofwealth.com/article/42175/kenya-rwanda-central-banks-launch-cross-border-payment-access-for-fintechs Kenya and Rwanda’s central banks have initiated moves to enable cross-border payment access, helping fintechs to operate seamlessly across both markets. Regulation,Tax & Compliance Standard Bank still sees interest rate cuts in South Africa News Aggregation Team Thursday, March 12, 2026 12:00 am http://africa.managersofwealth.com/article/42168/standard-bank-still-sees-interest-rate-cuts-in-south-africa The oil price quickly surged, which will likely lead to much higher fuel prices in South Africa. Regulation,Tax & Compliance Auditor-General uncovers GH¢8.1b in invalid claims, calls for forensic audit of public finances News Aggregation Team Wednesday, March 11, 2026 12:00 am http://africa.managersofwealth.com/article/42163/auditor-general-uncovers-ghampcent81b-in-invalid-claims-calls-for-forensic-audit-of-public-finances The audit also revealed missing quantities of rice and maize under the dry spell relief programme Regulation,Tax & Compliance Absa sends interest rate warning to South Africa News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42150/absa-sends-interest-rate-warning-to-south-africa Absa warned that higher global energy prices would likely see the global GDP growth average 3.2% over the year, with the space for central banks to reduce policy rates likely to shrink. Regulation,Tax & Compliance Interest rate hike on the cards for South Africa News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42151/interest-rate-hike-on-the-cards-for-south-africa The benchmark government 10-year yield jumped 23 basis points on Monday Regulation,Tax & Compliance Absa sounds warning on energy prices, rand, as profits climb to record News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42155/absa-sounds-warning-on-energy-prices-rand-as-profits-climb-to-record But it is ‘very unlikely that the global environment would trigger the onset of a rate hiking cycle’. Regulation,Tax & Compliance SEC’s new Regulatory Sandbox signals major breakthrough for Ghana’s Digital Asset Market – CDABI News Aggregation Team Tuesday, March 10, 2026 12:00 am http://africa.managersofwealth.com/article/42157/secamprsquos-new-regulatory-sandbox-signals-major-breakthrough-for-ghanaamprsquos-digital-asset-market-ampndash-cdabi The Chamber noted that one of the most significant aspects of the new guidelines is the creation of a dedicated Virtual Asset Sandbox Track Regulation,Tax & Compliance Transition finance – Unlocking decarbonisation in South Africa’s most important sectors News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42100/transition-finance-ampndash-unlocking-decarbonisation-in-south-africaamprsquos-most-important-sectors Their conversation explores what transition finance is, what it is not, and why it is becoming central to achieving net-zero ambitions across emerging markets. ESG Insurance Industry Urged to Prioritise ESG to Sustain Businesses News Aggregation Team Tuesday, January 27, 2026 12:00 am http://africa.managersofwealth.com/article/41919/insurance-industry-urged-to-prioritise-esg-to-sustain-businesses “The effects of ESG challenges are dire globally, but they are even more pronounced here in Africa. ESG African Development Bank champions circular economy as Africa’s pathway to sustainable industrial growth at UNEA-7 News Team Friday, January 09, 2026 12:00 am http://africa.managersofwealth.com/article/41826/african-development-bank-champions-circular-economy-as-africaamprsquos-pathway-to-sustainable-industrial-growth-at-unea-7 "UNEA-7 comes at a decisive moment for our planet, and indeed for Africa," Kariuki said. ESG Namibia plans $1.76bn energy push, seeks private investment News Aggregation Team Friday, December 19, 2025 12:00 am http://africa.managersofwealth.com/article/41745/namibia-plans-176bn-energy-push-seeks-private-investment The plan will support off-grid solar and alternative fuels, and introduce incentives for battery storage. ESG Absa commits R1.7bn to scale renewable power in Africa News Aggregation Team Thursday, November 27, 2025 12:00 am http://africa.managersofwealth.com/article/41615/absa-commits-r17bn-to-scale-renewable-power-in-africa Three-part funding package to fast-track new solar and battery projects for commercial and industrial sectors. ESG EBRD invests US $40 mil in Infinity to accelerate renewable energy growth across Africa News Team Tuesday, November 11, 2025 12:00 am http://africa.managersofwealth.com/article/41521/ebrd-invests-us-40-mil-in-infinity-to-accelerate-renewable-energy-growth-across-africa Funds for 3 GW of renewable energy projects to advance clean energy on the continent ESG Phoenix Group launches 30MW hydropower mining operation in Ethiopia News Team Thursday, November 06, 2025 12:00 am http://africa.managersofwealth.com/article/41501/phoenix-group-launches-30mw-hydropower-mining-operation-in-ethiopia H.C. Wainwright reaffirms buy rating and AED 3.00 price target ESG Fidelity Bank invests GH₵1million to boost climate-smart enterprises News Aggregation Team Thursday, October 30, 2025 12:00 am http://africa.managersofwealth.com/article/41459/fidelity-bank-invests-gh1million-to-boost-climate-smart-enterprises The initiative, implemented in partnership with Innohub, aims to accelerate the growth of businesses providing innovative solutions in agriculture, environmental sustainability, and technology-driven resilience. ESG Survey shows huge appetite for renewable projects News Aggregation Team Tuesday, October 28, 2025 12:00 am http://africa.managersofwealth.com/article/41441/survey-shows-huge-appetite-for-renewable-projects But low daytime demand may spoil the party. ESG Ghana joins regional efforts to attract renewable energy investments News Aggregation Team Thursday, October 23, 2025 1:00 am http://africa.managersofwealth.com/article/41422/ghana-joins-regional-efforts-to-attract-renewable-energy-investments The two-day forum, jointly organised by the International Renewable Energy Agency (IRENA) and the Government of Sierra Leone, brings together ministers, policymakers, investors, developers, and financiers from across Africa and beyond to unlock funding fo ESG