Managers of Wealth Africa

Kenyan Firms Cautious About Hiring Staff, Contrary to Banking Sector

The Survey also enables respondents to indicate their levels of optimism in the country’s economic prospects and business environment

Private firms see fewer new jobs over inflation

In March, 12 percent said they definitely expected to hire new staff, but this number dropped to six percent in July.

Punished for success in South Africa

To counter this, the commission ordered that these businesses change the way they operate – sometimes on a fundamental level.

UBA commits to global reporting standards, releases 2022 Annual Sustainability Report

United Bank for Africa is one of the largest employers in the financial sector on the African continent

Continued deterioration of gross official reserves

The decreasing official reserves have placed limitations on the Central Bank's capacity to engage in foreign exchange market interventions.

This is what South Africans are doing to make it through the month

Deloitte said that this highest level of frugality was measured across the 13 countries in the index, with Canada coming second (37%) and Brazil third (36%).

Standard Bank PMI Survey: Economic Acceleration Begins to Impact Private Sector

In the document, Standard Bank Mozambique added that the higher level of demand also encouraged companies to increase output prices faster in July as well as employment figures.

Global employment to grow by one per cent 2023 – ILO

ILO said SDG Goal 8, which brings together social, economic, and environmental targets, has an impact on all other Agenda 2030 goals.

A modest drop in federally collected revenue in Q1 ‘23

The main factor which contributed to the modest rise was higher collection from value-added-tax (

Jacaranda FM and Access Bank South Africa present Womenpreneur #herperfectpitch 2023

To elevate businesswomen in South Africa by helping her refine HerPerfectPitch and win over R1 million in business assistance this Women’s month

South Africa faces one of its biggest economic challenges this month

Agoa is a law passed by US Congress providing various Sub-Saharan African countries that meet certain eligibility criteria, including South Africa, with preferential access for over 1,800 specified items to the US market.

A rise in the external debt stock in Q1 ‘23

he rise was mostly driven by an increase of USD397m in debt obligations to the World Bank

PwC 2023 Ghana Banking Survey: 92% of banks without government control say losses from DDEP was their biggest pain

For liquidity concerns, regional banks (100%) were the most concerned, followed by local banks (87%).

Jeremy Awori: Ecobank Group CEO on his vision at the pan-African bank after leaving Absa

The transition process with my predecessor was robust and provided an effective grounding and readiness to hit the ground running to lead the Ecobank Group to exciting next levels.

A less aggressive rate hike by the MPC

Our view, shared with local news wires for a pause, mainly because we opined that most of the drivers of inflationary pressure are outside the scope of monetary policy.

Global growth shows near-term resilience; but to slow to 3% in 2023 – IMF

And financial instability following the March banking turmoil remains contained thanks to forceful action by the US and Swiss authorities”.

2023 Southern Africa Economic Outlook: Southern Africa’s economic prospects subdued, yet abounds with investment opportunity in climate change initiatives

In 2022, the Southern Africa region’s GDP growth barely reached 2.7 percent, a level much lower than global and African averages of 3.4% and 3.8 %.

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