Managers of Wealth Africa

Great surprise for South Africa

The impact of the conflict was felt in the sharp fuel price increases in April, which may be reflected in the second-quarter GDP estimates.

Public pensions invested in 15 companies that lost 100% of their money, and good news for Capitec customers

The rand was trading at 16.4650 against the US dollar, an increase of roughly 0.5% from its previous close.

South African households have a R2.4 trillion problem

National Debt Advisors Head Sebastien Alexanderson said that South Africa is misdiagnosing the crisis.

Algeria expected to grow above forecasts

The African Development Bank estimates the country’s gross domestic product will expand 4.1% this year and 4.2% next year.

Nigeria’s economic growth may weaken in 2027, AfDB projects

In 2027, growth is projected to decelerate to 3.7 per cent on account of the anticipated easing of global oil prices and thus reduced external revenue inflows.”

Biggest financial blow to South Africans in two years

Economists have noted that the significant decline in the economic outlook due to the outbreak of the war in the Middle East is starting to impact the labour market.

Interest rate heartbreak for South Africa

Unfortunately for South African consumers, the fuel price shocks following the United States’ war in Iran have pushed the energy component of inflation far higher.

Ghana faces $9.3b climate financing gap

The Review said the financing gap highlighted the urgent need to mobilise public and private capital to address growing climate-related risks confronting the economy.

World Bank says global carbon pricing revenue tops $107 billion in 2025

The institution said the growth reflects accelerating global adoption of carbon pricing frameworks as countries intensify efforts to meet climate commitments under the Paris Agreement.

Millionaires calling it quits in South Africa’s 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.

South Africans are getting crushed

The index tracks the value of all electronic transactions cleared through PayInc, together with a wholesale cash component.

MTN Nigeria’s return to profit driven by FX stability and data growth – 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.

Ramaphosa says he won’t 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.

Slow motion trade tariff investigations are taking nearly three years to complete

The target is six months. The impacts on the economy are profound.

Why Tier-1 banks’ 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.

The big problem for South Africans earning over R30,000 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.

Why you won’t 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.

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.

Nigeria: Bank recapitalisation created $22.1bln 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

Another crushing blow to South Africa

The downgrade reflects a stark turnaround after fortunes for the country swung in a more positive direction at the end of 2025 and early 2026.

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