Managers of Wealth Africa

How to retrench-proof your finances

Retrenchment insurance usually pays out 75% of your taxable salary for up to six months.

Nigeria's weak operating environment is still a challenging factor for the banking sector

The rating firm also identifies factors that could change the ratings for Nigerian banks.

Elumelu tasks leaders on business environment

He highlighted infrastructure development as another critical area needed to achieve sustainable development, highlighting the key role the United Bank for Africa Group plays in achieving this.

Moody’s changes outlook on African banks to negative

Moody’s said asset risk will remain high, a result of rising government arrears, high loan concentrations, borrower friendly legal frameworks, and still evolving risk management and supervision capabilities.

Here’s how much South Africa’s banking and financial salaries are expected to increase in 2020

The survey shows that most professionals have taken the realities of the country’s commercial and economic situation on board

Former AfDB president dismisses notion that Africa will sink in debt

The increase in Africa has been quite modest

How South Africans are finding inflation beating returns in alternative asset investments

All SA investors can now access an array of private market asset classes, which are not meant to replace the investor’s listed market allocation to fixed income,

KPMG SA continues efforts to rebuild its reputation

Sehoole himself was a part of this change, having taken the reins in May this year as part of a fresh start.

2020 banking fees compared: Capitec vs Absa vs Standard Bank vs Nedbank vs FNB

The accounts compared are all Gold equivalents, bundled, where applicable.

Africa Drowning In Debt Is Nonsensical – Dr Kaberuka

Dr Kaberuka made the observation on the opening day of Kusi Ideas Festival, themed “The next 60 years in Africa” organised by Nation Media Group (NMG) at Intare Conference Arena in Rusosoro.

Johannesburg Stock Exchange and AfDB promote cross-border activity

A recent report suggested that AfCFTA could bring up to USD 3 trillion in economic benefits, much of it from trade within the continent, with 53 out of 54 countries now having signed the agreement.

Stagnant local economy concerns state pension fund

But increasing its exposure to investments in international markets won’t happen ‘overnight’.

Talks on increasing offshore investment 'progressing well', says state pension fund

In the financial year under review, the fund only earned 2.6% in investment returns, which was largely driven by performance of its investments on alternative assets like bonds and fixed income.

We compared South Africa’s cheapest bank accounts for 2020

It should also be noted that many of these accounts also offer rebates and interest on positive cash balances, which can offset many of the monthly transaction costs.

Why TymeBank is One of the Fastest-Growing Digital Banks

African Rainbow capital said TymeBank's customers have already deposited some R500 million in savings accounts with the bank and the average GoalSave balance per customer is R4500.

Business booming for Sanlam despite limping economy

SA's GDP contracted by 3.2% in the first quarter, recovered and expanded by a revised 3.2% in the second quarter, only to contract again by 0.6% in the three months to September.

African Banking: Transform, innovate and succeed

The research finds that banks that are able to innovate effectively are better at leveraging data and technology and also are better at Digital Transformation.

IQ-EQ talks impact investing with LeapFrog’s Clare Murray

Having started out her career at Goldman Sachs in New York, Clare was first introduced to the concept of responsible investing after moving to BlackRock in 2012, where she worked closely with family offices, family foundations and endowments.

Everyone is responsible for creating ethical leadership

The country is in desperate need of principled leaders who will put the country back on a path of responsible leadership aimed at improving the quality of governance at all levels.

Towards a new horizon for the Mauritius IFC

This flow of capital through Mauritius over the past 25 years has been instrumental in bringing tens of millions out of poverty in India and Africa.

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