Managers of Wealth Africa

Reinet is a solid long-term investment

Reinet has always been criticised for its dependence on British American Tobacco (BAT), but last week's results show that their investment represents 52percent of the total value of Reinet.

Ghana: Banking Reforms Yields Results - President

The industry recorded growth in terms of total assets, total deposits, and net loans and advances at the end of the first quarter of this year.

South Africa's central bank holds rate unchanged at 6.75%

SARB lowered its forecast for GDP this year to 1.0 percent from the March forecast of 1.3 percent but left its 2020 and 2021 forecasts for growth unchanged at 1.8 percent and 2.0 percent, respectively.

Banking sector's Q1 growth vindicates clean-up – Akufo-Addo

The President congratulated CalBank for being an indigenous bank that has embraced best practices over the last 30 years to become one of the best-performing companies in Ghana.

KCB falls behind Equity in quarter one profit race

The last time KCB, whose CEO is Joshua Oigara, lagged behind Equity, led by James Mwangi, in full-year bottom-line was in 2014.

Kenya headed for stable growth, healthy forex reserve, shows study

"Kenya is unusual in the region in having a market-determined exchange rate and no restrictions on the availability of foreign exchange.

South Africa’s economy may be nearing the end of its slump: economist

In industries such as mining, Schüssler expected a continuing drop in employment figures for the next two years– partly due to automation, but mainly due to the fact that commodities markets had changed and Eskom was not performing well at all.

Assess Kenya’s debt on sustainability

What is the real state of the Kenyan economy?

Bank boss praises Tanzania's President Magufuli

He described President Magufuli as a bold reformer, and a focused and determined man.

South Africa’s Next Big Challenge

Fresh off his election victory, Cyril Ramaphosa must put country before party

What to expect for South Africa after Ramaphosa chooses his new cabinet

The president will announce his new cabinet on 26 or 27 May, and the new ministers will be sworn on the 28th.

5 important things happening in South Africa today

The South African Post Office says its regulatory hurdles to launch a full banking service are now past

Why a united Africa offers great prospects for an emerging Kenya

With sporadic outbreaks of violence, those questions have been rehashed over and over again; can this formula work?

Davido Make List Of 5 Nigerian Billionaire Philanthropists Who Have Been Saving ‘Poor’ Nigerians

Nigeria is a blessed country with a lot of billionaires but only a few of these rich men are genuinely concerned about the welfare and living structure of other Nigerians.

Biggest banks in South Africa: Profiling five of the top lenders by assets

The bank has more than 150 years of history in South Africa, tracing its formation back to 1862

2019 African Banker Awards Releases Nominees List, Event Scheduled for June 11

The finalists, selected by an expert judging panel of bankers and business leaders, will be announced at the African Banker Awards ceremony which will take place on the evening of the 11th June.

The biggest mistakes that individual South African investors make

The researchers found that during a period of market turmoil, such as the 2008-2009 crisis, 1 in 2 individual investors underperform by 1.1% per year.

Despite Challenges, Top Banks Sustain Profitability

An analysis of performance of the banks in the year ended December 31, 2018, showed that the financial institutions recorded appreciable growth in earnings, net profit, assets size and dividend payout to their shareholders.

Africa's Digital Reality: Q&A With Standard Bank Group CEO Sim Tshabalala

Sim Tshabalala, group CEO of Standard Bank, explains how Africa’s biggest bank is expanding throughout the continent and boosting trade and investment with China.

Fund managers urge speedy completion of Resilient probe to restore confidence

While the Financial Sector Conduct Authority has cleared Nepi Rockcastle, it is also still to rule on Fortress and Lighthouse Capital over scandal

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