Managers of Wealth Africa

Moody’s forecasts bank mergers in tight space

Regulatory changes, such as the interest rate cap in Kenya and stricter capital requirements, are also putting smaller lenders under pressure and inviting takeovers by large peers.

Ghana Fund hit by panick withdrawals; offers clients bonds instead of cash

The firm is an unintended casualty of Ghana’s efforts to clean up its banking industry last year when the central bank ordered lenders to almost triple their minimum capital levels to 400 million cedis.

Africa consideration of an urgent need to increase green finance progresses

This is the main recommendation made by experts from 12 African countries, France, the United Kingdom, China, Mongolia, and Kazakhstan.

Getting African women into the boardroom

This implies a powerful incentive for companies to bring more women into their decision-making processes.

Ghana’s banking reform is only halfway there

There is no doubt that poor governance, insolvency, and liquidity failings underpinning the licence revocations were real.

Moody's warns banks of lack of growth

In the report released by Sean Marion, Moody’s managing director for financial institutions, South African banks were head above shoulders of its neighbours

Pay us our N62.5bn pension arrears, retirees tell Makinde

The Nigerian Union of Pensioners said the amount represented arrears owed retirees between eight to 56 months.

7 things to know about the new CEO of Naspers SA

Mahanyele-Dabengwa has won a number of business awards.

DeVere's Botswana office celebrates 10 years

The Gaborone office is located in the heart of the city's New Central Business District and deVere is looking to double its staff there in the next two years.

These are the 15 largest banks in Africa for 2019

Of the top 10 African banks by Tier 1 capital, South Africa’s Standard Bank retains the top spot in the 2019 rankings with $9.8 billion.

Global equity funds: Yes, local can still be lekker

There is R138bn invested in rand-denominated global equity funds

South Africa registers 10% drop in private wealth

Some 2,000 have net assets of more than $10m, while 94 have $100m in net assets.

Stanbic seizes Sh382 million customer assets over loans

Assets repossessed comprised saloon cars, prime movers and trailers, which had been financed by the bank under vehicle and asset finance (VAF).

Where will growth be fastest in the next decade?

See who is in – and who is out of – the 7 per cent Club

Behind the wealthy is a ‘family office’

One thing that was common as I perused through the list is that most run family-owned enterprises.

Most expensive banks in Kenya 2019

Most Kenyans turned to mobile loan apps to secure loans

Top 1000 World Banks - South African banks still dominate but slip globally

Standard Bank remains the largest bank in Africa by Tier 1 capital and its South African peers round out the top four, but the country's travails have caused their global positions to drop.

OPINION: The burden of wealth brings its challenges

While there is no typical ultra-high net worth family, the South African Next Gen have a decision to make as to how they embrace or deny their wealth in a South African context.

These South African towns could be the next hotspots for R20 million homes

The top ten most expensive streets in South Africa were all located in Cape Town.

South Africa stuck in longest business-cycle slump since 1945

While electricity supply from state-owned Eskom has since stabilised, business and factory confidence dropped in May and spending by households, which make up 60% of GDP, remains weak.

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