Managers of Wealth - Africa
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http://africa.managersofwealth.com/
http://africa.managersofwealth.com/assets/images/logo.pngManagers of Wealth - AfricaKohanaPHPThe 5-star lodge in South Africa owned by an international cricket legendNews Aggregation TeamTuesday, 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 ManagementA $44,000 Salary Now Gets Private Banking Access in South AfricaNews Aggregation TeamTuesday, 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 ManagementAlexforbes CEO Dawie de Villiers on how client expectations are evolving in South AfricaNews Aggregation TeamWednesday, 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 ManagementGlobal Finance Names The World’s Best Islamic Financial Institutions 2026News TeamTuesday, 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 ManagementSwiss wealth management major Banque Pictet opens SA office as African wealth surgesNews Aggregation TeamMonday, 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 flowsWealth and Asset ManagementBig shift for salaries in South Africa in 2026News Aggregation TeamMonday, 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 Management5 wealth management trends for South African HNW families in 2026News Aggregation TeamTuesday, 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 ManagementAmethis and Edmond de Rothschild Private Equity announce the final closing of Amethis Fund III in line with its target at EUR 406MNews TeamTuesday, 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 ManagementThe richest people in South Africa at the start of 2026News Aggregation TeamWednesday, 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 ManagementSouth African billionaire cashes in R2.5 billion paydayNews Aggregation TeamWednesday, 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 ManagementUN names Ghana’s Anita Gbeho Head of Mission in South SudanNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42329/un-names-ghanaamprsquos-anita-gbeho-head-of-mission-in-south-sudan
She succeeds the late Mr Nicholas Haysom of South Africa, whose dedication and leadership in advancing peace within the UN system were acknowledged by the Secretary-General.Executive MovesR65 million goodbye for retired Old Mutual CEONews Aggregation TeamFriday, April 10, 2026 1:00 am
http://africa.managersofwealth.com/article/42321/r65-million-goodbye-for-retired-old-mutual-ceo
Williamson received about R65 million in single-figure remuneration in 2025, which included total guaranteed pay and short-term incentives (STIs) of around R7 million.Executive MovesAbsa Group appoints Sitoyo Lopokoiyit as Chief Executive of Personal and Private BankingNews Aggregation TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42306/absa-group-appoints-sitoyo-lopokoiyit-as-chief-executive-of-personal-and-private-banking
In his new role, Lopokoiyit is expected to drive innovation, strengthen customer-centric services and enhance digital experiences across Absa’s operations in Africa.Executive MovesNew bank launching in South Africa in 2027 – and it already has 2,500 branchesNews Aggregation TeamWednesday, April 01, 2026 1:00 am
http://africa.managersofwealth.com/article/42278/new-bank-launching-in-south-africa-in-2027-ampndash-and-it-already-has-2500-branches
The Cape Town-based company already sells smartphones and extends credit to customers.Executive MovesFNB CEO calls it quitsNews Aggregation TeamTuesday, March 31, 2026 1:00 am
http://africa.managersofwealth.com/article/42274/fnb-ceo-calls-it-quits
He was with the FirstRand group for 22 years, including 10 years as the group CFO.Executive MovesDelta appoints Matt Long as MD for Europe, AfricaNews Aggregation TeamFriday, March 27, 2026 12:00 am
http://africa.managersofwealth.com/article/42253/delta-appoints-matt-long-as-md-for-europe-africa
In this role, Matt will help ensure that Delta continues to deliver the thoughtful, reliable and best-in-class experience customers expect when flying across the Atlantic. Executive MovesEricsson Appoints Country Head of South AfricaNews Aggregation TeamTuesday, March 24, 2026 12:00 am
http://africa.managersofwealth.com/article/42230/ericsson-appoints-country-head-of-south-africa
His career includes senior positions such as Head of Sales for Market Vertical and Enterprise, Sales Executive for Mobile Networks, and Strategic Account Manager. Executive MovesTrevor Manuel retires from Old MutualNews Aggregation TeamTuesday, March 17, 2026 12:00 am
http://africa.managersofwealth.com/article/42195/trevor-manuel-retires-from-old-mutual
Jardine will assume the chairmanship at the company’s Annual General Meeting to be held on 5 June 2026.Executive MovesSam Ngumeni to take over as Woolworths Group CEO from Roy BagattiniNews Aggregation TeamFriday, 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 MovesLoewald to join PSG board post-Sarb retirementNews Aggregation TeamThursday, 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 leadersExecutive MovesSars obtains court order to freeze millions in former employees’ assetsNews Aggregation TeamFriday, 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.LegalFirstRand taken to the dry cleaners in high courtNews Aggregation TeamTuesday, 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.LegalCourt freezes N448m assets in Keystone Bank debt recovery suitNews Aggregation TeamWednesday, 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.LegalDLA Piper continues Africa-wide momentum with two Corporate AwardsNews TeamMonday, March 30, 2026 1:00 am
http://africa.managersofwealth.com/article/42262/dla-piper-continues-africa-wide-momentum-with-two-corporate-awards
Alongside, the firm was ranked as the third most active General Corporate Finance Legal Advisor (by transaction value) at the DealMakers East Africa Annual Awards.LegalTwo new laws for pension funds in South AfricaNews Aggregation TeamWednesday, March 18, 2026 12:00 am
http://africa.managersofwealth.com/article/42200/two-new-laws-for-pension-funds-in-south-africa
This notice had previously excluded retirement fund contributions regulated under the Pension Funds Act from enforcement under section 34A of the Basic Conditions of Employment Act.LegalFormer Steinhoff audit executive sentenced to four years or R2m fineNews Aggregation TeamFriday, 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 employeesLegalJudgment clarifies when third-parties can intervene in South African mergersNews TeamWednesday, 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 orderLegalCybercrime Act being used to suppress free speech — NBA presidentNews Aggregation TeamThursday, 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.LegalGlencore, AFC, Mauritius Bank, Fidelity Sue First Bank Trustees and Receiver, Abubakar Sulu GambariNews Aggregation TeamThursday, 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.LegalSCA orders FirstRand to repay client R170k for defective bakkieNews Aggregation TeamWednesday, 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.LegalMoney Fellows, Wafacash partner to digitise savings in MoroccoNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42325/money-fellows-wafacash-partner-to-digitise-savings-in-morocco
Under the partnership, Money Fellows will contribute its digital platform and operational expertise, while Wafacash will provide local infrastructure, distribution capabilities, and customer reach. FinTechAfrican lenders push for innovation financing reformNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42331/african-lenders-push-for-innovation-financing-reform
Participants highlighted that despite the expansion of Africa’s digital economy, access to affordable, long-term funding remains limited.FinTechNITDA urges firms to disclose cyberattacks promptlyNews Aggregation TeamFriday, April 10, 2026 1:00 am
http://africa.managersofwealth.com/article/42317/nitda-urges-firms-to-disclose-cyberattacks-promptly
The agency warned that hiding such incidents increases risks for other organisations in Nigeria’s increasingly interconnected digital ecosystem.FinTechShettima unveils Nigeria’s first varsity AI innovation hubNews Aggregation TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42303/shettima-unveils-nigeriaamprsquos-first-varsity-ai-innovation-hub
Ogunsola, however, called on stakeholders to join hands with the government to ensure meaningful investment in university educationFinTechStats SA breached in cyberattackNews Aggregation TeamMonday, March 30, 2026 1:00 am
http://africa.managersofwealth.com/article/42265/stats-sa-breached-in-cyberattack
The attack was perpetrated by a cybercrime group known as XP95, which breached the Gauteng Provincial Government earlier this month.FinTechAfreximbank Launches Inaugural Accelerator Programme Cohort to Scale Africa’s Digital Trade EcosystemNews TeamFriday, March 27, 2026 12:00 am
http://africa.managersofwealth.com/article/42254/afreximbank-launches-inaugural-accelerator-programme-cohort-to-scale-africaamprsquos-digital-trade-ecosystem
Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the most promising ventures building digital infrastructure for intra-African trade from across the continent. FinTechThe real reason Absa wrote off R2.4-billion in softwareNews Aggregation TeamFriday, March 27, 2026 12:00 am
http://africa.managersofwealth.com/article/42255/the-real-reason-absa-wrote-off-r24-billion-in-software
Absa CTIO Johnson Idesoh says the speed at which software is changing influenced its recent R2.4-billion write-down.FinTechGrace AI Lab enters banking market with automation and compliance toolsNews Aggregation TeamWednesday, March 25, 2026 12:00 am
http://africa.managersofwealth.com/article/42237/grace-ai-lab-enters-banking-market-with-automation-and-compliance-tools
These systems are designed to connect with a bank’s internal platforms, including core banking systems and card management infrastructure.FinTechStandard Bank hit with data breach at LibertyNews Aggregation TeamWednesday, March 25, 2026 12:00 am
http://africa.managersofwealth.com/article/42242/standard-bank-hit-with-data-breach-at-liberty
Liberty sent notifications to all affected clients via SMS, stating that it regrets any concern caused.FinTechDoes SA really need another ZAR stablecoin?Langelihle Nkabinde from EasyNews Aggregation TeamFriday, March 20, 2026 12:00 am
http://africa.managersofwealth.com/article/42213/does-sa-really-need-another-zar-stablecoinlangelihle-nkabinde-from-easy
Equities explains the role of the new Zaru rand stablecoin and why it’s so important.FinTechGood news for Capitec customers, and pain coming for grocery shoppers in South AfricaNews Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42333/good-news-for-capitec-customers-and-pain-coming-for-grocery-shoppers-in-south-africa
The rand was trading at 16.58 against the dollar, approximately 0.9% lower than its previous closing value. Retail BankingAfreximbank Group delivers strong in results in 2025News Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42338/afreximbank-group-delivers-strong-in-results-in-2025
The Group, the statement said funded strategic priorities areas such as manufacturing, infrastructure, food security and climate adaptation.Retail BankingSouth Africans saying goodbye to bank cardsNews Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42339/south-africans-saying-goodbye-to-bank-cards
Some of these wallets are also available as payment methods on major online stores and subscription services, allowing users to quickly check out or consolidate multiple payments on a single platform.Retail BankingCross Switch Goes Live with Absa Pay to Enable Secure Bank-Authenticated CheckoutNews Aggregation TeamFriday, April 10, 2026 1:00 am
http://africa.managersofwealth.com/article/42318/cross-switch-goes-live-with-absa-pay-to-enable-secure-bank-authenticated-checkout
The go‑live with Absa Pay highlights Cross Switch’s ongoing commitment to interoperability, resilience, and streamlined connectivity with leading banks and payment schemes.Retail BankingCBE, Addis Ababa Strike Deal to Digitise Accounts Across 600 Public InstitutionsNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42309/cbe-addis-ababa-strike-deal-to-digitise-accounts-across-600-public-institutions
The arrangement covers 119 woredas and more than 600 public institutions, including schools and health facilities.Retail BankingTop 10 Banks With the Cheapest Loans - CBKNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42312/top-10-banks-with-the-cheapest-loans-cbk
The other banks in the top three were Standard Chartered Bank Kenya Limited (12.07%) and Stanbic Bank Kenya Limited (12.12%).Retail BankingGood news for FNB customers in South AfricaNews Aggregation TeamThursday, April 02, 2026 1:00 am
http://africa.managersofwealth.com/article/42287/good-news-for-fnb-customers-in-south-africa
The expansion of the pilot programme, which was launched by Home Affairs over a decade ago, gives banks greater control over the system.Retail BankingBank Zero partners with global payments processorNews Aggregation TeamThursday, April 02, 2026 1:00 am
http://africa.managersofwealth.com/article/42288/bank-zero-partners-with-global-payments-processor
Link-up with Paymentology will enable fintechs, retailers, SMEs, and digital platforms to offer financial products through Mastercard card issuing.Retail BankingA new low-cost bank launching in South Africa next yearNews Aggregation TeamThursday, April 02, 2026 1:00 am
http://africa.managersofwealth.com/article/42289/a-new-low-cost-bank-launching-in-south-africa-next-year
Unlike traditional banks, Pepkor already has a strong presence in communities across the country.Retail BankingEcobank Ghana reports GH¢1.82billion profit for 2025News Aggregation TeamWednesday, April 01, 2026 1:00 am
http://africa.managersofwealth.com/article/42282/ecobank-ghana-reports-ghampcent182billion-profit-for-2025
Total assets of the group stood at GH¢47.33 billion as at December 31, 2025, compared to GH¢46.00 billion in the prior year. Retail BankingEcowas Bank for Investment and Development targets SMEs in Ghana with fresh funding for 2026News Aggregation TeamFriday, 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 BankingCedi strength cuts Societe Generale Ghana's bottom line as profit after tax dips 28%News Aggregation TeamMonday, 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 BankingRothschild & Co receives two major awards from The BankerNews Aggregation TeamFriday, 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 BankingEthiopia Adds Fourth Investment Bank as ECMA Licenses Awash CapitalNews Aggregation TeamThursday, 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 BankingNedbank CIB crowned Best Investment Bank in SA – three years runningNews Aggregation TeamMonday, 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 BankingGoldman, Investec see room for three SA rate cuts in 2025News Aggregation TeamThursday, 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 BankingFull List of 17 Licensed Investment Banks Operating in KenyaNews Aggregation TeamMonday, 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 BankingSA banks holding their own against offshore lenders, says BDONews Aggregation TeamMonday, 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 yearsInvestment BankingCardinalStone Partners Limited Completes Acquisition of Radix Pension ManagersNews TeamFriday, 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 Banking4 banks call it quits in South Africa in 2024News Aggregation TeamMonday, 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 BankingAfrica’s global investment share lingers at 4–6%News Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42335/africaamprsquos-global-investment-share-lingers-at-4ampndash6
Despite significant spikes in previous years, the report suggests that the continent is struggling to move beyond a “peripheral position” in global manufacturing systems. Alternative InvestmentsAccess Bank perseveres economic headwinds and remains Nigeria’s most valuable brandNews Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42336/access-bank-perseveres-economic-headwinds-and-remains-nigeriaamprsquos-most-valuable-brand
Access Bank remains the most valuable brand for the fifth consecutive year, followed by Zenith Bank and GTCOAlternative InvestmentsWorld Bank applauds Ghana’s turnaround, hails finance minister’s leadershipNews Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42340/world-bank-applauds-ghanaamprsquos-turnaround-hails-finance-ministeramprsquos-leadership
The minister highlighted key achievements underpinning the recoveryAlternative InvestmentsHow much you need to earn to be considered rich in South AfricaNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42326/how-much-you-need-to-earn-to-be-considered-rich-in-south-africa
Sean Peche has achieved something which very few fund managers can claim. Alternative InvestmentsMorocco Signs $1.28 Billion MoU to Build AI FactoryNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42332/morocco-signs-128-billion-mou-to-build-ai-factory
Facility to include data center, training hub, innovation centerAlternative InvestmentsSouth Africa’s largest asset managers revealedNews Aggregation TeamFriday, April 10, 2026 1:00 am
http://africa.managersofwealth.com/article/42319/south-africaamprsquos-largest-asset-managers-revealed
This was revealed by Alexforbes in its annual Manager Watch survey, where the financial services firm ranks the largest asset managers and analyses trends in the broader industry. Alternative InvestmentsSA's hidden cost of cashNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42313/saamp039s-hidden-cost-of-cash
For entrepreneurs already navigating rising input costs, unpredictable demand and limited access to capital, these hidden costs can compound existing pressures.Alternative InvestmentsDebt pressures force a rethink of sovereign financing in AfricaNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42315/debt-pressures-force-a-rethink-of-sovereign-financing-in-africa
Debt servicing costs are rising and constraining budgets, but the real challenge lies in weak growth, currency mismatches and how governments prioritise investment.Alternative InvestmentsAfreximbank to avail US$10bln under its Gulf Crisis Response ProgrammeNews TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42302/afreximbank-to-avail-us10bln-under-its-gulf-crisis-response-programme
To shield African and CARICOM economies from the ongoing conflictAlternative InvestmentsStakeholders advocate 40% female leadership in banksNews Aggregation TeamTuesday, April 07, 2026 1:00 am
http://africa.managersofwealth.com/article/42296/stakeholders-advocate-40-female-leadership-in-banks
The forum served as a high-level intervention to address the structural and internal barriers limiting women’s ascent to the pinnacle of the banking world.Alternative InvestmentsSouth Africans not offered salaries they deserveNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42327/south-africans-not-offered-salaries-they-deserve
As a result, smaller firms sometimes make salary offers based more on internal budgets rather than what the broader market is paying.Comment, Analysis & Research57 jobs that pay higher than the R30,000 average salary in South AfricaNews Aggregation TeamTuesday, April 07, 2026 1:00 am
http://africa.managersofwealth.com/article/42294/57-jobs-that-pay-higher-than-the-r30000-average-salary-in-south-africa
Basic salary/wages paid to employees increased by R16.6 billion or 1.8% from R914.3 billion in September 2025 to R930.8 billion in December 2025.Comment, Analysis & ResearchAdvtech, PSG Financial Services and Standard Bank reap the rewards of robust growth strategiesNews Aggregation TeamMonday, March 30, 2026 1:00 am
http://africa.managersofwealth.com/article/42266/advtech-psg-financial-services-and-standard-bank-reap-the-rewards-of-robust-growth-strategies
Naturally, this is how corporate execs try to justify their enormous earnings.Comment, Analysis & ResearchSouth Africa's gold producers stay in the shallows as prices surgeNews Aggregation TeamThursday, March 26, 2026 12:00 am
http://africa.managersofwealth.com/article/42252/south-africaamp039s-gold-producers-stay-in-the-shallows-as-prices-surge
West Wits Mining launched South Africa's first new underground mine in 15 years last OctoberComment, Analysis & ResearchRetirement shock for South AfricaNews Aggregation TeamWednesday, March 25, 2026 12:00 am
http://africa.managersofwealth.com/article/42238/retirement-shock-for-south-africa
The first group consists of around two million relatively affluent retirees who had access to stable employment and the opportunity to save during their working lives. Comment, Analysis & ResearchDoes Nedbank really need a board of 19 directors?News Aggregation TeamWednesday, March 25, 2026 12:00 am
http://africa.managersofwealth.com/article/42240/does-nedbank-really-need-a-board-of-19-directors
It paid more than R28m to non-execs last year, and that figure is set to rise …Comment, Analysis & ResearchFrom bad to much worse for interest rates in South AfricaNews Aggregation TeamTuesday, March 24, 2026 12:00 am
http://africa.managersofwealth.com/article/42236/from-bad-to-much-worse-for-interest-rates-in-south-africa
Markets had previously seen between two and four rate cuts from the South African Reserve Bank (SARB) over the next 18 months, with inflation seen as being under control.Comment, Analysis & ResearchRising reserves amid cautious FX outlookNews TeamThursday, March 19, 2026 12:00 am
http://africa.managersofwealth.com/article/42211/rising-reserves-amid-cautious-fx-outlook
Having steadily increased since Jul ’25, Comment, Analysis & ResearchSouth Africans earning more than R180,000 a year are in troubleNews Aggregation TeamMonday, 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 & ResearchGhana inflation falls to 3.3% in February 2026News Aggregation TeamFriday, 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 & ResearchGov’t loses over GH¢600m in taxes from unaccounted petroleum productsNews Aggregation TeamMonday, 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.TaxIncome tax warning for taxpayers who choose to stay in South AfricaNews Aggregation TeamFriday, 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.TaxMajor new tax could backfire badly for South AfricaNews Aggregation TeamWednesday, 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.TaxSARS is coming after R3 petrol price relief in South AfricaNews Aggregation TeamTuesday, April 07, 2026 1:00 am
http://africa.managersofwealth.com/article/42300/sars-is-coming-after-r3-petrol-price-relief-in-south-africa
This task will be challenged by “the headwinds that are already starting to bloom,” he said, referring to the chaos caused by the United States’s war in Iran.TaxBig banks shoulder R90bn of SA tax burdenNews Aggregation TeamWednesday, April 01, 2026 1:00 am
http://africa.managersofwealth.com/article/42280/big-banks-shoulder-r90bn-of-sa-tax-burden
Collection role overshadows direct payments.TaxSARS is coming after one group of employers in South AfricaNews Aggregation TeamThursday, March 26, 2026 12:00 am
http://africa.managersofwealth.com/article/42245/sars-is-coming-after-one-group-of-employers-in-south-africa
The ETI is designed to stimulate youth employment in South Africa, but its application has yielded mixed results.TaxWage bill consumes 44% of tax revenue • Govt borrows GH¢17bn to pay salaries — Finance Minister revealsNews Aggregation TeamThursday, March 26, 2026 12:00 am
http://africa.managersofwealth.com/article/42250/wage-bill-consumes-44-of-tax-revenue-ampbull-govt-borrows-ghampcent17bn-to-pay-salaries-ampmdash-finance-minister-reveals
In a presentation at the high-level meeting between President John Mahama and Organised Labour, the Finance Minister outlined the growing pressure of the public sector wage bill on government finances. TaxTax reform to create opportunities, promote fairness – MinisterNews Aggregation TeamWednesday, March 25, 2026 12:00 am
http://africa.managersofwealth.com/article/42241/tax-reform-to-create-opportunities-promote-fairness-ampndash-minister
Nigerians can now invest ₦2.5million on premium domains and profit about ₦17-₦25Million.TaxTanzania tax review warns of trust erosion, proposes sweeping overhaulNews Aggregation TeamMonday, March 23, 2026 12:00 am
http://africa.managersofwealth.com/article/42227/tanzania-tax-review-warns-of-trust-erosion-proposes-sweeping-overhaul
System overhaulThe report also criticises existing tax dispute mechanisms as weak, leaving taxpayers feeling unprotected when challenging TRA decisionsTaxBurkina Faso Evaluates Wealth Tax Options Through ATAF EngagementNews Aggregation TeamMonday, 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.TaxEFCC warns banks against unsecured loansNews Aggregation TeamTuesday, April 14, 2026 1:00 am
http://africa.managersofwealth.com/article/42337/efcc-warns-banks-against-unsecured-loans
The commission’s chairman, Ola Olukoyede, gave the warning during a courtesy visit by officials of First Bank of Nigeria Plc to the Lagos Zonal Directorate 2 office in Ikoyi.Regulation,Tax & ComplianceParliament passes Ghana Investment Promotion Authority BillNews Aggregation TeamMonday, April 13, 2026 1:00 am
http://africa.managersofwealth.com/article/42330/parliament-passes-ghana-investment-promotion-authority-bill
The Bill provides a more modern, flexible, and robust legal framework for investment promotion, facilitation, and regulation in Ghana.Regulation,Tax & ComplianceWorld Bank projects 4.8% growth for Ghana, 9% inflation by end-2026News Aggregation TeamFriday, April 10, 2026 1:00 am
http://africa.managersofwealth.com/article/42323/world-bank-projects-48-growth-for-ghana-9-inflation-by-end-2026
It remains unclear what specific factors will drive the expected moderation. Regulation,Tax & ComplianceLesetja Kganyago on leadership, credibility and the future of central bankingNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42310/lesetja-kganyago-on-leadership-credibility-and-the-future-of-central-banking
Sarb Governor reflects on leading a central bank amid global volatility, domestic challenges and long-term reforms.Regulation,Tax & ComplianceKenya central bank holds rate at 8.75% amid Middle East conflictNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42311/kenya-central-bank-holds-rate-at-875-amid-middle-east-conflict
Kenya’s inflation stood at 4.4% in March, below the central bank’s 5% midpoint target.Regulation,Tax & ComplianceStandard Bank and Absa increase minimum pay – but Investec still pays the mostNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42314/standard-bank-and-absa-increase-minimum-pay-ampndash-but-investec-still-pays-the-most
Capitec has the lowest minimum pay among major banks in South Africa.Regulation,Tax & ComplianceMassive changes coming for visa and immigration rules in South AfricaNews Aggregation TeamThursday, April 09, 2026 1:00 am
http://africa.managersofwealth.com/article/42316/massive-changes-coming-for-visa-and-immigration-rules-in-south-africa
Jacobs described this as a positive step towards enhancing South Africa’s economic growth Regulation,Tax & ComplianceCedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureausNews Aggregation TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42301/cedi-dips-further-as-external-shocks-intensify-one-dollar-equals-ghampcent1170-at-forex-bureaus
Despite these favourable inflows, the heightened demand and bearish sentiment to counter cautious forex interventions is weighing on the cedi.Regulation,Tax & ComplianceD-Day for the randNews Aggregation TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42305/d-day-for-the-rand
However, this isn’t expected to last, and the next moves will depend heavily on what follows Trump’s threats.Regulation,Tax & ComplianceGovernment must think twice about ’emergency’ access to South African pension fundsNews Aggregation TeamWednesday, April 08, 2026 1:00 am
http://africa.managersofwealth.com/article/42307/government-must-think-twice-about-amprsquoemergencyamprsquo-access-to-south-african-pension-funds
This is the warning from Ronald King, Head of Public Policy & Regulatory Affairs at PSG Financial Services.Regulation,Tax & ComplianceSMEs must embrace ESG to compete globally — UBA Ghana CEONews Aggregation TeamTuesday, 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.ESGLagos pushes monetisation of climate, sustainability initiativesNews Aggregation TeamMonday, 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.ESGTransition finance – Unlocking decarbonisation in South Africa’s most important sectorsNews Aggregation TeamMonday, 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.ESGInsurance Industry Urged to Prioritise ESG to Sustain BusinessesNews Aggregation TeamTuesday, 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.ESGAfrican Development Bank champions circular economy as Africa’s pathway to sustainable industrial growth at UNEA-7News TeamFriday, 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.ESGNamibia plans $1.76bn energy push, seeks private investmentNews Aggregation TeamFriday, 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.ESGAbsa commits R1.7bn to scale renewable power in AfricaNews Aggregation TeamThursday, 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.ESGEBRD invests US $40 mil in Infinity to accelerate renewable energy growth across AfricaNews TeamTuesday, 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 continentESGPhoenix Group launches 30MW hydropower mining operation in EthiopiaNews TeamThursday, 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 targetESGFidelity Bank invests GH₵1million to boost climate-smart enterprisesNews Aggregation TeamThursday, 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