Managers of Wealth Africa

15 extreme risks for investors revealed

Willis Towers Watson believes that, in this environment there is no ‘single answer’ for portfolio construction.

Angola President invites Qatari businesspersons to invest in his country

Regarding areas of investment in his country, he said that there are many opportunities in many sectors especially in tourism, infrastructure, ports, industry and many sectors.

Kenya insurance firms’ profits drop by 61pc to $33m

Industry insiders attributed the massive decline in profitability to the capping of interest rates introduced in 2016

EAC banks hit rough patch as earning prospects dip

While the performance may not be encouraging to the managers of these institutions, analysts think the earnings prospects of the second half of the year appear even dimmer going by the rising volume of non-performing loans, flashing signals of weaker than

Small banks cut bad loan provisions by nearly half

The provisions are supposed to serve as an allowance for uncollected loans and loan payments to cover eventualities such as customer defaults and renegotiated terms that yield lower than previously estimated payments.

African leaders driven from power since 2010

Egypt: On July 3 the military ousts Egypt's first democratically elected leader, the Islamist Mohamed Morsi, after large demonstrations

Why Investment Don't Deserve To Fall From Grace

Painting investment hubs with the same brush, however, does a major disservice to developing countries that benefit from the FDI flows facilitated by these key intermediaries through the structuring of safe and secure investments into otherwise challengin

KZN is fastest growing wealth market in SA

High Net Worth Individuals is a term that is used to describe people that have a net worth that is $1 million and above.

Ramaphosa: Africa needs 'virtuous cycle' of integration for economic growth

As countries become closely integrated, there will be more cohesion between the regional blocks on the continent, Ramaphosa said.

The barren Sahara: A lesson in money laundering

The payments – totaling R122m exactly – came from Albatime, a now defunct company that made its fortune by introducing Salim Essa, the Guptas' business partner, to Regiments Capital, a financial services firm at the center of state captur

World Bank, China tops Nigeria’s creditors with $11.46bn

The country is indebted to the African Development Fund to the tune of $834.18m

CEOs say South Africa is years from meaningful economic recovery

"For us to expect meaningful improvement, I think we're talking five years," he said.

Tanzania's gold exports rise 23% in year to July -central bank

The country’s gold exports in the previous year amounted to $1.45 billion.

SA can add 1.2 million jobs by 2030, McKinsey says

SA's official unemployment rate jumped to 29% in the second quarter of the year, the highest jobless rate since the start of 2008.

How SA Can Create a Safe and Sustainable Environment for Retirement

But nothing will change until the Boards of Trustees start taking their fiduciary responsibility in this regard more seriously

It’s Time For Africa’s Gazelles To Shine

Much is made of Africa’s population being the youngest in the world. Undoubtedly, this poses challenges, most specifically, in terms of finding gainful employment and decent livelihoods for a growing number of people.

6th African Islamic Finance Summit going to inaugurate in Tanzania

Approximately 76% of Tanzanians live on less than $2 per day, with three-quarters of Tanzanians employed in the agriculture sector, according to World Bank data.

Africa-Singapore cooperation: a win-win for businesses, people

On the other hand, as an emerging economy, the African continent also faces many challenges in areas such as infrastructure, urban planning, manufacturing, digitalisation and finance.

Why South Africa should seriously consider taxing its wealthy citizens

For instance, high wealth inequality creates an imbalance of political power between citizens as the wealthy can potentially influence the political process unfairly.

Save the world, one bottle of (South African) wine at a time

As of July 22, the nearly 140-year-old wine company achieved B Corporation status, joining a global movement of companies committed to social, environmental, and ethical business practices that are a force for good.

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