Managers of Wealth Africa

Africa’s new debt binge: What are the risks?

Five African countries are currently experiencing problems in servicing their debts, according to the IMF.

Uganda: Accessing Clients' Bank Details - Alternatives for URA

The request could have rattled UBA as, in its response, it reminded URA that this was illegal and outside the mandate of the tax body.

African businesses grow despite difficult macro environment – PwC

PwC points out that about $13.5-billion was raised in the equity capital markets in Africa by African companies in non-African capital markets in 2017 – a 49% increase from 2016.

Dubai’s DIFC looks east for Asian growth strategy

DBS Private Bank, which manages $109bn in assets, has recently established operations in DIFC to provide financial services.

Exclusive interview with Romain Py, Investment Director, AIIM April 15, 2018

AIIM has a diversified investment portfolio spanning 40+ investments in 15 countries with the largest team on the continent dedicated to African infrastructure fund management.

Data to drive more Australian money to private equity

Jose Filomeno dos Santos planned to siphon off $1.5bn when he ran Luanda's sovereign wealth fund, government says.

Why real change is finally coming to Africa

uma, who has always insisted that he was not involved in any wrongdoing, remained defiant when he addressed a crowd of loyal supporters outside the courtroom, labelling the prosecution a “political conspiracy”.

French interested in South Africa and offering opportunities to South Africa

Recently-elected South African President Cyril Ramaphosa had been acting to reform and improve governance in the State sector.

Banking Made Simple

This has given birth to development of different applications to make life easy for the banking public.

Kenya's GDP growth to rebound to 5.5% in 2018

Good rainfall over the last month in the country’s crop growing areas have boosting expectations of improved harvests; farming is the biggest sector.

BNP Paribas named Mena region’s best M&A financial advisor

Broadgate Advisers were recognised as the best financial M&A advisers in the Financial Services industry.

How Standard Chartered's regional CEO brought the bank back to form

As Standard Chartered consolidated its operations across the world to deliver a cost efficiency program of USD 2.9bn by 2018, Kaushal was promoted to the top job in the region in July the same year.

MENA fintech sector to attract US$2.5bn in deals by 2022, study finds

This has supported the proliferation of new fintech startups: with six startups founded in 2005, the figure is expected to reach 252 by 2020.

Investment trends of SA's super-rich

This rise will be fuelled by increased allocations to foreign property, foreign cash and foreign equities, according to the report.

How South Africa's wealthy spend their money

African art accounts for $1 billion of the total global top-end art market. $450 million worth of African art can be found here in South Africa.

Why cash can be the riskiest asset of all

The main investor risk lies in inflation

These are 10 of the most beautiful bank notes in the world

This is the fourth consecutive hybrid/polymer note to win the coveted IBNS Bank Note of the Year Award.

These are the classic cars South Africa’s millionaires want in their garages

Classic cars were the best-performing asset classes over the past decade, a new report by New World Wealth shows – and South Africa’s super wealthy are getting in on the gains. New World Wealth has published its 2018 South African Wealth Repo

Africa’s Richest Billionaire Aliko Dangote Says Corruption Stopped Him from Investing Sh100 Billion in Kenya

Dangote, who Forbes valued at $13.5 billion (Sh1.5 trillion), was part of the delegation of 50 high-net-worth Nigerian businessmen who accompanied the country’s then-President Goodluck Jonathan to Kenya in 2013.

Financial deals to drop in Africa in 2018

The decrease in M&A in the financial services sector in Africa is due mainly to economic and political instability

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