Managers of Wealth Africa

Reserve Bank hikes interest rates in South Africa

For South Africa, it is clear that the energy crisis is hitting growth, he said.

Inflation surprise for South Africa

Petrol prices dropped by 52 cents per litre in August, easing the burden on consumer transport for the month.

Cedi depreciates by 9.5% in nine months of 2026 – BoG

The losing streak continued, depreciating by 5.0% and 6.6% in March 2026 and April 2026, respectively.

AfDB Backs Mozambique in Validating 2035 Climate Strategy

According to an AfDB statement reviewed by Diário Económico, the process included a five-day technical workshop that began on 14 September

Patience Akyianu, former Barclays Bank Ghana MD and Hollard Group CEO, reported dead

The circumstances surrounding her reported death have not been independently confirmed.

Africa's share of the World Bank's record private-capital haul falls below 20%

The Bank has published neither a country breakdown of the African total nor a detailed explanation of the income-group figures.

Gold Output Falls 12%, Reserves Decline, Tmcel Seeks Strategic Partner

Taken together, these events reflect the pressures facing the mining sector, the country's external position, and the financial recovery of the state-owned telecommunications operator.

Money is stressing South Africans out, but we won’t talk about it

More than half of respondents to Nedbank’s latest NedFinHealth Index, at 51%, identified money or financial matters as the biggest source of stress in their lives.

Expenditure growth outpaces revenue gains

The removal of fuel subsidies, one of the most significant fiscal reforms implemented by President Bola Tinubu upon assuming office in June 2023

Bad news for South Africa as GDP declines, with previous growth revised lower

The result was unsurprising, given the impact of the United States’ war with Iran, which had erupted at the end of February, filtering through the global economy in the months that followed.

Mozambique’s Large Companies Jump 26% to 1,255 Firms, Employing 248,000

Maputo City continued to concentrate the largest share of the country's large enterprises, with 687 units accounting for 54.7% of the national total.

Africa will rise to the top globally

The South Africa–Zimbabwe partnership is an important example of this vision.

PwC: Nigeria’s Economy to Grow 4.2% in H2, Reform Gains Yet to Reach Households

The assessment was contained in its H2 2026 Nigeria Economic Outlook, titled “Unlocking Nigeria’s Reform Dividend: From Macroeconomic Stabilisation to Inclusive Growth.”

Banks account for 92% of NFIU suspicious reports

The agency also received 41,716,214 Currency Transaction Reports and 10,513 Suspicious Activity Reports during the year.

Egypt holds nearly half of Africa’s $7bn sukuk market, Fitch says

In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August, up 16 percent year on year.

Southern Africa: Namibia, Botswana Stress Diversification in Managing Resource Wealth

The discussion took place during a public lecture hosted by the Bank of Namibia (BoN) in collaboration with the University of Namibia in Windhoek on Friday.

Middle East Banks Grow African Presence

For decades, the continent was a preserve of Western lenders.

Further strengthening of Nigeria's external reserves

The sustained accumulation reflects a favourable confluence of factors

Big changes to working hours in South Africa

The QLFS report showed that the labour market deteriorated in the second quarter of 2026, with employment falling and unemployment increasing.

The province in South Africa that had the biggest increase in unemployment

This change has pushed the official unemployment rate up to 32.7%, while a broader measure of labour underutilisation has reached 46.3%.

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