Managers of Wealth - Africa http://africa.managersofwealth.com/ Wed, 20 May 2026 04:42:40 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP Sovereign Wealth Fund Records Profit in the First Quarter News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42521/sovereign-wealth-fund-records-profit-in-the-first-quarter During the same period, the FSM’s total assets grew by 6.6%, reaching USD 117.4 million, driven by revenues from Liquefied Natural Gas (LNG) exploitation and by financial returns generated from these investments. Wealth and Asset Management Wealth beyond today News Aggregation Team Wednesday, May 06, 2026 1:00 am http://africa.managersofwealth.com/article/42458/wealth-beyond-today A great example of this evolution is Nedbank Private Wealth’s (NPW’s) Family Approach. Wealth and Asset Management Standard Bank Awarded Best Private Bank in Mozambique by Euromoney News Aggregation Team Monday, April 20, 2026 1:00 am http://africa.managersofwealth.com/article/42369/standard-bank-awarded-best-private-bank-in-mozambique-by-euromoney More than an institutional recognition, it reflects the direct impact our work has on clients’ lives Wealth and Asset Management The 5-star lodge in South Africa owned by an international cricket legend News Aggregation Team Tuesday, April 14, 2026 1:00 am http://africa.managersofwealth.com/article/42334/the-5-star-lodge-in-south-africa-owned-by-an-international-cricket-legend The safari villa and the surrounding Elephant Point development are actively managed by the Legacy Group. Wealth and Asset Management A $44,000 Salary Now Gets Private Banking Access in South Africa News Aggregation Team Tuesday, March 24, 2026 12:00 am http://africa.managersofwealth.com/article/42229/a-44000-salary-now-gets-private-banking-access-in-south-africa For clients under 30, a four-year degree in science, technology, engineering or mathematics is enough to qualify, with discounted fees. Wealth and Asset Management Alexforbes CEO Dawie de Villiers on how client expectations are evolving in South Africa News Aggregation Team Wednesday, March 18, 2026 12:00 am http://africa.managersofwealth.com/article/42201/alexforbes-ceo-dawie-de-villiers-on-how-client-expectations-are-evolving-in-south-africa Under his leadership, de Villiers guides Alexforbes towards his vision of it becoming the most inclusive retail financial advice firm in Southern Africa. Wealth and Asset Management Global Finance Names The World’s Best Islamic Financial Institutions 2026 News Team Tuesday, March 17, 2026 12:00 am http://africa.managersofwealth.com/article/42191/global-finance-names-the-worldamprsquos-best-islamic-financial-institutions-2026 All selections were made by the Global Finance editorial team after extensive consultations with bankers, corporate finance executives, and analysts worldwide. Wealth and Asset Management 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 Standard Chartered Names Xorse Godzi as Ghana CEO Amid Digital Banking Push News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42511/standard-chartered-names-xorse-godzi-as-ghana-ceo-amid-digital-banking-push Godzi is expected to lead digital transformation amid rising fintech competition in Ghana’s banking sector Executive Moves BAT Nigeria names Owojaiye regulatory affairs director News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42506/bat-nigeria-names-owojaiye-regulatory-affairs-director Ruth’s appointment reflects our continued commitment to strengthening our leadership in regulatory engagement, corporate governance, and sustainable business practices. Executive Moves Ramaphosa announces Cabinet change News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42507/ramaphosa-announces-cabinet-change Opposition parties, as well as parties within the Government of National Unity (GNU), have been calling for months for the minister to be axed. Executive Moves Kenny Fihla is raiding Rothschild, Standard Bank and Deutsche Bank to rebuild Absa into Africa's deal bank News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42510/kenny-fihla-is-raiding-rothschild-standard-bank-and-deutsche-bank-to-rebuild-absa-into-africaamp039s-deal-bank Douglas brings more than 30 years of investment banking experience Executive Moves DLA Piper grows Energy and Natural Resources M&A practice with strategic South African partner hire News Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42487/dla-piper-grows-energy-and-natural-resources-mampampa-practice-with-strategic-south-african-partner-hire With almost 20 years’ experience advising clients on the African continent, Patrick joins from HSF Kramer, where he built a domestic, regional, and cross-border practice. Executive Moves Standard Chartered appoints Michelle Swanepoel as Head of Financing and Securities Services Middle East and Africa News Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42488/standard-chartered-appoints-michelle-swanepoel-as-head-of-financing-and-securities-services-middle-east-and-africa Michelle Swanepoel succeeds Scott Dickinson, who will retire at the end of June Executive Moves Sarb names Makrelov as sixth MPC member News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42485/sarb-names-makrelov-as-sixth-mpc-member To replace Chris Loewald, who retired in March. Executive Moves Citigroup has a new banking head in South Africa News Aggregation Team Monday, May 11, 2026 1:00 am http://africa.managersofwealth.com/article/42473/citigroup-has-a-new-banking-head-in-south-africa He brings over 20 years of international experience in corporate investment banking and development finance.” Executive Moves UBA announces exit of non-executive director Angela Adebayo News Aggregation Team Wednesday, May 06, 2026 1:00 am http://africa.managersofwealth.com/article/42460/uba-announces-exit-of-non-executive-director-angela-adebayo UBA acknowledged Adebayo’s contributions to the bank during her tenure, highlighting her role across key board committees. Executive Moves FirstBank Ghana appoints Osahon Ogieva as MD/CEO; Victor Asante moves to international role News Aggregation Team Wednesday, April 29, 2026 1:00 am http://africa.managersofwealth.com/article/42425/firstbank-ghana-appoints-osahon-ogieva-as-mdceo-victor-asante-moves-to-international-role His expertise includes administration, project management, risk management, credit, marketing, and relationship banking. Executive Moves Union Bank customers fear fallout as CBN legal battle deepens over control News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42515/union-bank-customers-fear-fallout-as-cbn-legal-battle-deepens-over-control The appeal has prolonged the legal face-off and brought feelings of uncertainty to customers of union bank. Legal Constitutional Court Broadens the Reach of South Africa’s GAAR in Absa v SARS Introduction  News Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42503/constitutional-court-broadens-the-reach-of-south-africaamprsquos-gaar-in-absa-v-sars-introduction The Constitutional Court’s judgment in Absa v SARS represents one of the most significant South African tax judgments in recent years.  Legal SCA delivers blow to Sars in protracted court battle News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42501/sca-delivers-blow-to-sars-in-protracted-court-battle Finds the exclusion of lay representatives in tax court would be unconstitutional. Legal Procurement reform raises questions for South Africa’s infrastructure sector News Team Wednesday, April 29, 2026 1:00 am http://africa.managersofwealth.com/article/42423/procurement-reform-raises-questions-for-south-africaamprsquos-infrastructure-sector The Act consolidates and replaces multiple pieces of fragmented legislation to establish a coherent legislative framework for an efficient procurement system across South Africa’s multiple spheres of government. Legal Court orders homeowner to pay Nedbank R1.6 million and initiates sale of Cape Town property News Aggregation Team Monday, April 27, 2026 1:00 am http://africa.managersofwealth.com/article/42411/court-orders-homeowner-to-pay-nedbank-r16-million-and-initiates-sale-of-cape-town-property Court papers show that Stephans fell significantly behind on his monthly repayments, with the outstanding balance exceeding R2 million by October 2025 and arrears surpassing R500,000 by early 2026. Legal New laws coming about property rights in South Africa, and important bridge collapses News Aggregation Team Tuesday, April 21, 2026 1:00 am http://africa.managersofwealth.com/article/42375/new-laws-coming-about-property-rights-in-south-africa-and-important-bridge-collapses Economists predict that the modest rise in inflation will primarily result from higher fuel prices, while food inflation is expected to ease. Legal New laws taking on land grabs and illegal occupation of private property in South Africa News Aggregation Team Friday, April 17, 2026 1:00 am http://africa.managersofwealth.com/article/42363/new-laws-taking-on-land-grabs-and-illegal-occupation-of-private-property-in-south-africa The new bill aims to empower municipalities, state entities, and private property owners to respond more decisively to illegal occupations and evictions in the country. Legal Sars obtains court order to freeze millions in former employees’ assets News Aggregation Team Friday, April 10, 2026 1:00 am http://africa.managersofwealth.com/article/42322/sars-obtains-court-order-to-freeze-millions-in-former-employeesamprsquo-assets As a crackdown on corruption within its ranks continues. Legal FirstRand taken to the dry cleaners in high court News Aggregation Team Tuesday, April 07, 2026 1:00 am http://africa.managersofwealth.com/article/42293/firstrand-taken-to-the-dry-cleaners-in-high-court Told it needs to be cross-examined on its accounting and other defects in case against customer. Legal Court freezes N448m assets in Keystone Bank debt recovery suit News Aggregation Team Wednesday, April 01, 2026 1:00 am http://africa.managersofwealth.com/article/42279/court-freezes-n448m-assets-in-keystone-bank-debt-recovery-suit The court further directed all banks and financial institutions within the jurisdiction to forthwith preserve any funds belonging to the defendants upon being served with the order. Legal Hybrid Threats in Africa: Cyber, Disinformation & Operational Resilience in Pan-African Banking News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42512/hybrid-threats-in-africa-cyber-disinformation-ampamp-operational-resilience-in-pan-african-banking These events can move faster than traditional escalation and overwhelm organizations that rely on siloed response approaches. FinTech SEC: Data, AI to drive intelligent investing in Nigeria’s capital market News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42498/sec-data-ai-to-drive-intelligent-investing-in-nigeriaamprsquos-capital-market Agama stated that a new paradigm of investing had already taken hold globally, driven by artificial intelligence, real-time analytics, distributed ledger technology and algorithmic systems FinTech Are OTP claims enough? Standard Bank defends its fraud investigation process News Aggregation Team Monday, May 11, 2026 1:00 am http://africa.managersofwealth.com/article/42474/are-otp-claims-enough-standard-bank-defends-its-fraud-investigation-process In a detailed media response, Standard Bank spokesperson Ross Linstrom stated that the bank takes all fraud-related complaints seriously and assesses each matter independently. FinTech Nedbank data shows South Africans still value assisted banking amidst digital adoption surge News Aggregation Team Thursday, May 07, 2026 1:00 am http://africa.managersofwealth.com/article/42468/nedbank-data-shows-south-africans-still-value-assisted-banking-amidst-digital-adoption-surge The usage data reveals a particularly strong uptake among entry-level banking clients FinTech Anzens and Credit Bank partner to explore crypto-based stablecoin settlement for banking in East Africa News Aggregation Team Wednesday, May 06, 2026 1:00 am http://africa.managersofwealth.com/article/42455/anzens-and-credit-bank-partner-to-explore-crypto-based-stablecoin-settlement-for-banking-in-east-africa First commercial bank in East Africa to integrate USDA payments, enabling faster, cheaper and seamless cross-border transactions FinTech SA banks prioritise governance to harness AI fast News Aggregation Team Wednesday, May 06, 2026 1:00 am http://africa.managersofwealth.com/article/42459/sa-banks-prioritise-governance-to-harness-ai-fast They noted that none of them wanted to get left behind, so their governance frameworks were being designed to facilitate experimentation. FinTech Trust and technology in mid-corporate banking News Aggregation Team Wednesday, May 06, 2026 1:00 am http://africa.managersofwealth.com/article/42462/trust-and-technology-in-mid-corporate-banking Digital tools reduce friction and speed up decisions, but mid-corporate businesses ultimately bank with people they trust. FinTech Ethiopia’s Commercial Bank Announces Digital Banking Disruptions News Aggregation Team Tuesday, May 05, 2026 1:00 am http://africa.managersofwealth.com/article/42447/ethiopiaamprsquos-commercial-bank-announces-digital-banking-disruptions It related it to “system upgrades” and urged clients to prepare for it. FinTech Officials suspended over fake AI sources in government policy News Aggregation Team Friday, May 01, 2026 1:00 am http://africa.managersofwealth.com/article/42439/officials-suspended-over-fake-ai-sources-in-government-policy The draft policy was recently withdrawn from public consultation following revelations that fictitious references were used during the policy development process. FinTech African Development Bank Group and India Advance Investment in Digital Systems and Industrial Development Ahead of the India-Africa Forum Summit News Aggregation Team Friday, May 01, 2026 1:00 am http://africa.managersofwealth.com/article/42440/african-development-bank-group-and-india-advance-investment-in-digital-systems-and-industrial-development-ahead-of-the-india-africa-forum-summit Building on this longstanding relationship, collaboration with African countries reflects shared experience in developing scalable, cost-effective solutions for large and diverse populations. FinTech FirstBank, Visa expand premium card portfolio with Visa Signature launch News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42525/firstbank-visa-expand-premium-card-portfolio-with-visa-signature-launch Designed for Nigeria's affluent segment, Visa Signature unlocks world-class benefits through Visa's global network across travel, lifestyle, and premium merchant offers. Retail Banking Diamond Trust Bank Kenya’s Q1 Profit Surge Raises Trading Prospects News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42526/diamond-trust-bank-kenyaamprsquos-q1-profit-surge-raises-trading-prospects Diamond Trust Bank Kenya's Q1 profit hits record high, impacting NSE and trading strategies. Retail Banking Standard Bank uCount, FNB eBucks also boost fuel rewards News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42516/standard-bank-ucount-fnb-ebucks-also-boost-fuel-rewards Both rewards programmes offer a temporary 50% increase on fuel earn rates… Retail Banking Stanbic Bank eyes district expansion in Upper West as credit conditions improve News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42505/stanbic-bank-eyes-district-expansion-in-upper-west-as-credit-conditions-improve Mr Asomaning noted that while the bank is seeing increased interest from businesses and individuals, it remains cautious to prevent clients from taking on debt Retail Banking UBA pushes Africa growth agenda at Nairobi summit News Aggregation Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42494/uba-pushes-africa-growth-agenda-at-nairobi-summit A statement from the bank on Tuesday stated that French President Emmanuel Macron, speaking at the Summit, called for a renewed Africa–France partnership anchored on innovation, investment, and shared prosperity. Retail Banking Big changes hitting bank branches across South Africa News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42480/big-changes-hitting-bank-branches-across-south-africa Nedbank said that consumers favour physical interactions, especially for complex transactions and when opening accounts. Retail Banking FUGAZ provision N2.36 trillion, as bad loans mount in 2025 News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42482/fugaz-provision-n236-trillion-as-bad-loans-mount-in-2025 This represents a 64% YoY growth and marks the highest provision on loans and advances to customers in the last three years. Retail Banking Zenith Bank gets buy rating as CardinalStone projects stronger earnings News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42483/zenith-bank-gets-buy-rating-as-cardinalstone-projects-stronger-earnings At the current price of N129 per share, Zenith Bank is projected to reach or surpass a target of N151.80 by FY2026, supported by improving fundamentals. Retail Banking Top African Bank execs exodus worrisome News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42486/top-african-bank-execs-exodus-worrisome Bank denies rumours that it is run­ning on autopilot, say­ing it has a strong exco Retail Banking Big plans for South African bank being bought for R1.1 billion News Aggregation Team Monday, May 11, 2026 1:00 am http://africa.managersofwealth.com/article/42471/big-plans-for-south-african-bank-being-bought-for-r11-billion The bank is highly focused on security, with no card fraud since its launch. Retail Banking Pan-African Investment Banking Group United Capital Chooses Rwanda as Its East and Central African Hub News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42504/pan-african-investment-banking-group-united-capital-chooses-rwanda-as-its-east-and-central-african-hub This is the kind of conviction that changes the trajectory of capital markets and we intend to honour it by continuing to build a platform worthy of the best institutions Africa has to offer.” Investment Banking Oman opens Angola-based investment bank to deepen Africa trade links News Aggregation Team Wednesday, April 22, 2026 1:00 am http://africa.managersofwealth.com/article/42388/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets. Investment Banking Ecowas Bank for Investment and Development targets SMEs in Ghana with fresh funding for 2026 News Aggregation Team Friday, April 10, 2026 1:00 am http://africa.managersofwealth.com/article/42324/ecowas-bank-for-investment-and-development-targets-smes-in-ghana-with-fresh-funding-for-2026 He explained that the funding will be channelled through commercial banks in Ghana to ensure it reaches targeted businesses. Investment 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 Egypt, World Bank develop innovative financing model for infrastructure projects News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42519/egypt-world-bank-develop-innovative-financing-model-for-infrastructure-projects Rostom affirmed that Egypt is pursuing a comprehensive development vision aimed at promoting sustainable growth, improving the investment climate, and expanding private sector participation. Alternative Investments International Banker 2026 Africa & North Africa Awards Winners News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42520/international-banker-2026-africa-ampamp-north-africa-awards-winners This approach has since been reinforced through a series of new rules targeting board conduct and accountability. Alternative Investments Money flooding back into South Africa News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42523/money-flooding-back-into-south-africa While it initially caused a flight to safety away from the sector, the last month has seen investors return to growth-oriented assets. Alternative Investments AfDB approves $200m for BoI to support MSMEs News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42517/afdb-approves-200m-for-boi-to-support-msmes This approval was disclosed in a statement published on the bank’s website, highlighting the bank’s continued support for Nigeria’s industrialisation and private sector development agenda. Alternative Investments Aliko Dangote: African Energy Person of the Year 2026 News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42518/aliko-dangote-african-energy-person-of-the-year-2026 This is a fitting honor for the Nigerian businessman and industrialist who has invested billions in Africa to strengthen energy security, build infrastructure, create jobs, reduce import dependence, support regional development, and promote African-led so Alternative Investments FMDA forecasts April headline inflation at 16.42% News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42500/fmda-forecasts-april-headline-inflation-at-1642 ….As food and energy pressures persist Alternative Investments Cleaning the books: FirstHoldCo’s capital rebound journey News Aggregation Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42491/cleaning-the-books-firstholdcoamprsquos-capital-rebound-journey The ghosts of loans past are still with us today, with the Asset Management Corporation of Nigeria (AMCON) still chasing debtors around the block Alternative Investments Gold and resource funds dominate latest PlexCrown rankings News Aggregation Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42493/gold-and-resource-funds-dominate-latest-plexcrown-rankings Top-performing unit trusts post strong gains across multiple investment periods. Alternative Investments Robust liquidity anchors stable funding rates News Team Monday, May 11, 2026 1:00 am http://africa.managersofwealth.com/article/42477/robust-liquidity-anchors-stable-funding-rates Funds parked in the SDF corridor averaged NGN4.6trn in April Alternative Investments Elevated FY ’25 debt servicing, easing ahead News Team Monday, May 11, 2026 1:00 am http://africa.managersofwealth.com/article/42478/elevated-fy-amprsquo25-debt-servicing-easing-ahead Cumulatively, Nigeria’s external debt service obligations increased to almost USD5.2bn in FY ’25, Alternative Investments Millionaires calling it quits in South Africa’s richest city News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42495/millionaires-calling-it-quits-in-south-africaamprsquos-richest-city Godongwana revealed that the City of Johannesburg currently owes creditors R25.2 billion, while only having R3.9 billion in cash in the bank. Comment, Analysis & Research South Africans are getting crushed News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42502/south-africans-are-getting-crushed The index tracks the value of all electronic transactions cleared through PayInc, together with a wholesale cash component. Comment, Analysis & Research MTN Nigeria’s return to profit driven by FX stability and data growth – Analysts News Aggregation Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42492/mtn-nigeriaamprsquos-return-to-profit-driven-by-fx-stability-and-data-growth-ampndash-analysts The company’s return to profit marks one of the strongest recoveries in its history, after enduring significant foreign exchange losses in 2023 and 2024. Comment, Analysis & Research Ramaphosa says he won’t resign, announces next move News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42481/ramaphosa-says-he-wonamprsquot-resign-announces-next-move Given the circumstances, he said he wanted to be clear that there is nothing in the Constitutional Court ruling that compels him to resign. Comment, Analysis & Research Slow motion trade tariff investigations are taking nearly three years to complete News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42484/slow-motion-trade-tariff-investigations-are-taking-nearly-three-years-to-complete The target is six months. The impacts on the economy are profound. Comment, Analysis & Research Why Tier-1 banks’ profits declined by 18% despite strong earnings growth News Aggregation Team Tuesday, May 05, 2026 1:00 am http://africa.managersofwealth.com/article/42453/why-tier-1-banksamprsquo-profits-declined-by-18-despite-strong-earnings-growth The banks’ core operations remained strong, with combined interest income rising by 17.66% to N14.49 trillion, up from N12.31 trillion in 2024. Comment, Analysis & Research The big problem for South Africans earning over R30,000 a month News Aggregation Team Monday, April 27, 2026 1:00 am http://africa.managersofwealth.com/article/42409/the-big-problem-for-south-africans-earning-over-r30000-a-month The data presented in the report lay out the biggest gaps, or “differentiators,” between the top and bottom performers in each income bracket in the study. Comment, Analysis & Research Why you won’t always have the final say on how your pension is distributed News Aggregation Team Monday, April 27, 2026 1:00 am http://africa.managersofwealth.com/article/42410/why-you-wonamprsquot-always-have-the-final-say-on-how-your-pension-is-distributed Many South Africans assume that their retirement savings will be distributed exactly as stipulated in their will, or will automatically accrue to their spouse or children. Comment, Analysis & Research Unemployment problem becoming too big to solve News Aggregation Team Wednesday, April 22, 2026 1:00 am http://africa.managersofwealth.com/article/42381/unemployment-problem-becoming-too-big-to-solve Nearly 80% of 7.8 million who are idle despite actively searching for work every week have been unemployed for more than a year. Comment, Analysis & Research Nigeria: Bank recapitalisation created $22.1bln wealth in 90 days, says SEC News Aggregation Team Tuesday, April 21, 2026 1:00 am http://africa.managersofwealth.com/article/42377/nigeria-bank-recapitalisation-created-221bln-wealth-in-90-days-says-sec It is estimated that about 500,000 new investors participated in various bank public offers between 2024 and 2026 Comment, Analysis & Research SAPVIA warns about a blanket solar tax in South Africa News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42499/sapvia-warns-about-a-blanket-solar-tax-in-south-africa In an interview with Classic Business, she said SAPVIA has repeatedly warned against imposing broad tariffs across the solar value chain. Tax Kenya Plans Taxes on Phones, Banking Fees to Raise $1 Billion News Aggregation Team Tuesday, May 12, 2026 1:00 am http://africa.managersofwealth.com/article/42479/kenya-plans-taxes-on-phones-banking-fees-to-raise-1-billion Mobile phone imports would attract a 25% excise duty, while banking and transaction service fees would be subjected to a levy Tax Warning for anyone earning more than R500,000 in South Africa News Aggregation Team Thursday, May 07, 2026 1:00 am http://africa.managersofwealth.com/article/42464/warning-for-anyone-earning-more-than-r500000-in-south-africa Under South African law, submitting tax returns is compulsory, and failing to do so is a criminal offence. Tax These taxpayers don’t have to file a tax return in 2026 News Aggregation Team Friday, May 01, 2026 1:00 am http://africa.managersofwealth.com/article/42443/these-taxpayers-donamprsquot-have-to-file-a-tax-return-in-2026 Every company or juristic person resident in South Africa during the 2026 year of assessment that earned an income or traded typically has to submit an income tax return. Tax Old Mutual sends warning over unseen tax in South Africa News Aggregation Team Thursday, April 30, 2026 1:00 am http://africa.managersofwealth.com/article/42433/old-mutual-sends-warning-over-unseen-tax-in-south-africa From rising fuel prices to further inflationary increases, Old Mutual’s experts have been warning consumers about what is increasingly being described as the “unseen tax” on everyday living. Tax How Global Financial Networks Help KRA Track Tax Evaders News Aggregation Team Monday, April 20, 2026 1:00 am http://africa.managersofwealth.com/article/42365/how-global-financial-networks-help-kra-track-tax-evaders That tax authority then shares the information with KRA, and this automatic exchange happens every year without KRA needing to launch a formal investigation. Tax 10-day warning to taxpayers in South Africa News Aggregation Team Wednesday, April 15, 2026 1:00 am http://africa.managersofwealth.com/article/42343/10-day-warning-to-taxpayers-in-south-africa This includes Final Letters of Demand to submit outstanding tax returns or risk possible criminal prosecution. Tax Gov’t loses over GH¢600m in taxes from unaccounted petroleum products News Aggregation Team Monday, April 13, 2026 1:00 am http://africa.managersofwealth.com/article/42328/govamprsquot-loses-over-ghampcent600m-in-taxes-from-unaccounted-petroleum-products The lost revenue was expected to accrue to the state through taxes, levies, and other regulatory charges on petroleum products imported into the country, but was not properly accounted for. Tax Income tax warning for taxpayers who choose to stay in South Africa News Aggregation Team Friday, April 10, 2026 1:00 am http://africa.managersofwealth.com/article/42320/income-tax-warning-for-taxpayers-who-choose-to-stay-in-south-africa This growing reliance on personal income tax comes as the number of taxpayers declines. Tax Major new tax could backfire badly for South Africa News Aggregation Team Wednesday, April 08, 2026 1:00 am http://africa.managersofwealth.com/article/42304/major-new-tax-could-backfire-badly-for-south-africa The proposed 20% levy aims to generate over R10 billion annually for the state while also addressing the social risks associated with gambling addiction. Tax Reserve Bank and Treasury respond to people holding crypto assets in South Africa News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42522/reserve-bank-and-treasury-respond-to-people-holding-crypto-assets-in-south-africa One of the more meaningful developments is the formal treatment of crypto assets within the exchange control framework. Regulation,Tax & Compliance International bank calls it quits after three decades in South Africa News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42524/international-bank-calls-it-quits-after-three-decades-in-south-africa This includes the Currency and Exchanges Manual for Authorised Dealers and the Currency and Exchanges Manual for Authorised Dealers in foreign exchange with limited authority. Regulation,Tax & Compliance SEC issues guidance for capital market Transition to T+1 Settlement Cycle News Aggregation Team Tuesday, May 19, 2026 1:00 am http://africa.managersofwealth.com/article/42527/sec-issues-guidance-for-capital-market-transition-to-t1-settlement-cycle The transition is part of the Commission’s broader market modernization agenda aimed at improving liquidity and aligning the Nigerian capital market with international best practices. Regulation,Tax & Compliance Absa weighs joining yuan platform on thriving China-Africa trade News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42513/absa-weighs-joining-yuan-platform-on-thriving-china-africa-trade To take advantage of growing trade with Africa’s biggest trading partner. Regulation,Tax & Compliance Nigeria’s banking system more robust than Europe’s — Senator News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42514/nigeriaamprsquos-banking-system-more-robust-than-europeamprsquos-ampmdash-senator Speaking at the closing ceremony held at the JAMB office in Oke-Mosan, Abeokuta, Salisu said the future belongs to countries and individuals that embrace technology. Regulation,Tax & Compliance Interest rate pain expected for South Africa News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42508/interest-rate-pain-expected-for-south-africa According to Investec Chief Economist, Annabel Bishop, the fuel price shock of April will only reflect in next week’s inflation data, where it is expected to push CPI upwards. Regulation,Tax & Compliance SARS going after one group who own property and have bank accounts in South Africa News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42509/sars-going-after-one-group-who-own-property-and-have-bank-accounts-in-south-africa Receiving funds in a South African bank account does not automatically make those amounts taxable in South Africa. Regulation,Tax & Compliance Kenya banks skipped R&D spending through 2025, CBK survey finds News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42496/kenya-banks-skipped-rampampd-spending-through-2025-cbk-survey-finds The pattern points to a sector expanding its digital surface area through external partnerships Regulation,Tax & Compliance Big changes coming for pension funds in South Africa News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42497/big-changes-coming-for-pension-funds-in-south-africa The firm stressed that the bill marks a major turning point for pension funds, administrators, employers and retirement fund trustees. Regulation,Tax & Compliance Rand takes a big hit News Aggregation Team Wednesday, May 13, 2026 1:00 am http://africa.managersofwealth.com/article/42489/rand-takes-a-big-hit Currency volatility is often seen as a negative, reflecting a currency’s susceptibility to specific events and market changes. Regulation,Tax & Compliance BOI bags global award for sustainable finance News Aggregation Team Tuesday, April 28, 2026 1:00 am http://africa.managersofwealth.com/article/42417/boi-bags-global-award-for-sustainable-finance The award reflects the bank’s significant strides in advancing climate action, circular economy practices, and responsible resource management. ESG SMEs must embrace ESG to compete globally — UBA Ghana CEO News Aggregation Team Tuesday, April 07, 2026 1:00 am http://africa.managersofwealth.com/article/42299/smes-must-embrace-esg-to-compete-globally-ampmdash-uba-ghana-ceo He explained that adopting ESG standards would improve their chances of accessing low-cost financing and remaining competitive in global markets. ESG Lagos pushes monetisation of climate, sustainability initiatives News Aggregation Team Monday, March 30, 2026 1:00 am http://africa.managersofwealth.com/article/42267/lagos-pushes-monetisation-of-climate-sustainability-initiatives “Across sectors, organisations are already implementing climate and circularity initiatives unique to their operations. ESG 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