- Managers of Wealth - Africa - Wealth, private banking and asset management news and opinion

Managers of Wealth was acquired by ChapStoneQuirk. Click here for details.

Wealth and Asset Management

South Africa officially has a new dollar billionaire

Its global expansion has also been extensive.

African Banker Awards 2023 winners announced

Here’s why developed economies must bear the $100 trillion cost of the net-zero transition in emerging markets

Wealth and Asset Management

When is enough enough?

Into 2022: tomorrow never comes, that’s why you should Perform Today

Wealth and Asset Management

UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025

New wealth of top 1% surges by over $33.9 trillion since 2015

Standard Chartered wraps up divestment of Tanzania operations to Access Bank

South Africa’s newest billionaire CEO cashing in R1.3 billion in shares

AI-Personalised Video Technology

National wealth and growth – Everest Wealth’s next chapter

Executive Moves

FNB appoints new Business CEO

HSBC names Mohammed Fannouch co-head of capital markets and advisory for MENAT region

Rain CEO replaced by his brother

Former GCB/NIB MD Agbesi chairs Consolidated Bank Ghana LTD

Capitec’s last founder says goodbye

Hassan Saleh and Gloria Byamugisha appointed to Absa Bank Uganda board

Legal

Beige Bank: Dame challenges Ayine over GHS10m settlement claim

Bad day in home foreclosure court for Nedbank and its lawyers

High Court of South Africa develops common law to address jurisdiction over foreign entities

Two new laws coming for South Africa

EFCC secures conviction of five Internet fraudsters in Kwara

Court orders forfeiture of assets linked to bank fraud

FinTech

Facebook and Microsoft pumping billions into South Africa

Google commits $370mln to AI in Africa

SMEs brace for challenges despite optimism over digital growth

Digital bank PalmPay gets recognition

Horn of Africa leaders emphasize enhanced digital integration for increased regional growth

10 African Fintech companies named among World’s top 300

Retail Banking

Access Bank’s Euromoney Wins Signal New Era of Regional Banking Leadership

Niger: African Development Bank Extends Loan of Over $144 Million to Enhance Energy Access and Economic Competitiveness

S&P upgrades African Bank rating, affirms South African banking sector stability

Standard Bank Partners With South African Future Trust Awards To Champion Women In Business

Mobile Money: the quiet revolution reshaping Africa’s economy

FirstBank retains ‘Best Bank for ESG’ at Euromoney Awards

Investment Banking

Goldman, Investec see room for three SA rate cuts in 2025

Full List of 17 Licensed Investment Banks Operating in Kenya

SA banks holding their own against offshore lenders, says BDO

CardinalStone Partners Limited Completes Acquisition of Radix Pension Managers

4 banks call it quits in South Africa in 2024

FBNQuest Asset Management Wins BAFI Award Excellence

Alternative Investments

Mauritius Government Debt Rises to 79% of GDP

The South African companies making billions by just keeping their doors open

Allan Gray explains new two-pot retirement changes in South Africa

Africa unveils landmark integrity & equity principles and coordination platform to strengthen carbon markets

It’s a good year for salaries in South Africa

What 99% of retirees regret and how you can avoid it

Comment, Analysis & Research

South Africans moving money internationally have a simpler, more affordable option than their bank

Africa unveils integrity principles, coordination platform to strengthen carbon markets

Big problem for South Africans who order takeaways

A modest y/y rise in external debt.

A sharp rise in domestic debt service cost

Dr Rufaro Nyakatawa Featured on the Unlocking Africa Podcast

Tax

US tariffs cost South African company R750 million

Improved taxation systems key to reducing Libya’s dependence on oil revenues

SARS extends tax breaks for major developments in Cape Town

SARS announces changes for non-resident taxpayers

Important two-pot tax laws passed in South Africa

Eskom ‘triple tax’ hits South Africa

Regulation,Tax & Compliance

Botswana Explores Potential Launch of Central Bank Digital Currency

Sarb cuts repo rate to 7%

BoG drops policy rate from 28 to 25%

Banks anticipate 2% policy rate cut as BoG concludes MPC meeting

What to expect from interest rates in South Africa this week

Ghana earns $370m from oil in first half of 2025 – Central bank

ESG

BusinessAgain, FirstBank wins Nigeria’s Best Bank for ESG at 2025 Euromoney Awards

FG attracts $791.49m CNG investments in two months – Report

Towards an African ESG framework for critical minerals: Morocco paves the way for a sovereign green transition

Ecobank commits to environmental sustainability

Climate change has doubled the world’s heatwaves

South Africa: Standard Bank finances AIIM-backed NOA’s clean power projects