Managers of Wealth Africa

Why is the rand so strong and the economy so weak?

The rand strengthened nearly 13% against the US dollar over the past year, yet the domestic numbers remain weak. That disconnect won’t last forever.

Signs of life for one of South Africa’s largest employers

New sales orders were barely changed from November and remained at a subdued level, while business activity actually improved sharply during the month, albeit remaining below the 50 mark.

South Africa officially has a new dollar billionaire

Using traditional sand-casting methods, each piece was hand-finished and coated with multiple layers of enamel, a technically difficult process because enamel and cast iron expand at different rates when heated

Financial tips to help young adults beat inflation

As Nigeria grapples with persistent inflation, high interest rates and rising unemployment, young adults are increasingly exposed to financial vulnerability.

Financing the future for Africa - The state of banking in Africa: At a crossroads for growth

In Tanzania, institutions such as CRDB Bank are now participating in major fi- nancing rounds for the country’s new hydroelectric projects

Why Nigeria’s banking giants are buying more shares to secure power, profits

The trigger for this rush is the Central Bank of Nigeria’s (CBN) directive that banks with international licences must raise their minimum capital base to ₦500 billion by April 2026.

South Africa’s richest people in 2025

This is based on rankings from Forbes’ Real-Time Billionaires List, which tracks and estimates the net worth of the world’s known billionaires.

No bank has been cited, sanctioned by any regulatory or law enforcement agencies – Association of Banks

“To imply systemic failure without such evidence risks conflating allegations with facts, and investigation with adjudication”, it mentioned in a statement.

This is the average salary in South Africa at the end of 2025

The increase in earnings was driven by key industries, with the manufacturing industry experiencing the fastest growth.

Another positive sign for South Africa’s economy

Volume declines were recorded across all payment streams except PayShap.

Standard Bank believes foreign currency shortage may worsen

The document also revealed that the country’s economy shrank in the first three quarters of 2025.

GDP expected to rebound 4.22% in Q4 –Report

Reacting to the economic data, CardinalStone said the dip in the Q3’25 GDP had been anticipated, given softer oil output, a consequence of fading supportive base effects.

Better days ahead: BoG targets 10% lending rate

Already, the cost of borrowing has taken a significant hit, dropping from 30.07 per cent in January 2025 to 22.22 per cent in October 2025.

Four in 10 South Africa Small Firms to Last a Year, Survey Finds

Only four in 10 small businesses in South Africa believe they can survive more than a year under current pressures without external help, little changed from the first half of 2025, a survey backed by lender Absa Group Ltd. found.

Another big win for South Africa

Key sectors of South Africa’s economy, including auto manufacturing and agriculture, were hit by the tariffs, but readings showed that the impact wasn’t as severe as initially feared.

Access Bank CEO Roosevelt Ogbonna outlines vision for banking in Africa at Bloomberg Summit

Ogbonna further underscored the strategic advantage for African banks as many Western institutions reduce their footprint across the continent.

South African billionaire shares his views on Cyril Ramaphosa

The slow economic growth has also led to extremely high unemployment levels, which many economists describe as a crisis.

Top bankers are the most bullish in a generation

The upbeat mood follows a budget update that overshot revenue projections, a credit rating upgrade from S&P Global, and the removal of South Africa from the FATF grey list.

Why African banks should lead urban infrastructure projects

This is key because infrastructure projects are loading African nations with billions of dollars of high-interest debt.

South Africa’s unemployment rate is 530% higher than the average G20 country

The G20’s primary purpose is to discuss and coordinate policies aimed at addressing global challenges and enhancing international financial stability.

Comment, Analysis & Research