Managers of Wealth Africa

Experts criticise ‘highest tax rate in Africa’, call for urgent review

The actual figures contrast sharply with what has been widely reported recently in local media

Eritrea Closes Hundreds of Businesses for Bypassing Banks

Most of the affected businesses operate in the hospitality sector, according to the announcement, and they will remain closed for up to eight months, depending on the severity of the violations.

Govt policies inspire confidence

Zimbabwe now offers immense investment opportunities following the departure of its former president Robert Mugabe who had ruled Zimbabwe for 37 years, a leading American business journal has said

Sukuk: An alternative economic model in Nigeria

The growth in Sukuk’s popularity can be traced back to the global financial crisis in 2008.

Can Africa Stand On Its Own Two Feet? Part 2

David Emeka Ogbogu goes deeper into Pan Africanist sentiment and Africa’s investment dependency and whether the two can co-exist

South Africa's private-sector activity slows to 20-month low in December

Contractions in output were linked to a lack of client demand and challenging market conditions, it said.

Africa heads in different directions – politically and economically

The African Union’s laudable objective of a ‘peaceful, prosperous and integrated’ continent likely to remain a distant dream

South Africa picks up the baton of BRICS Chairmanship

Efforts to promote economic development and growth, increase trade volumes and attract investment to the industrial sector of South Africa’s economy

Nigerian Stock Market Among World’s Top 5 Performers In 2017 – CNN Report

Analysts have said the ingenuity of the Central Bank of Nigeria (CBN) in the management of the foreign exchange market helped notch Nigeria’s stock market to be amongst the five top best performing exchange for 2017.

What Investors Need to Know About Zimbabwe After Mugabe

Now the country is at a crossroads.

Robert Mugabe's lavish retirement package includes first-class flights, a five-bedroom house and 23 staff

His wife and children must be provided with suitable state accommodation after Mr Mugabe dies.

AfDB targets to raise $8bn

AfDB is rated as a highly credit worthy institution by major rating agencies

Banks in distress as rate cap puts break on sector’ profit growth

As the clock ticks towards the release of full year earnings, banks will also have to think about implementation of a new accounting standard that is set to increase the level of provisioning for non-performing loans.

Multiple Regulations Impede Pension Funds Investment In Infrastructures –Experts

According to him, the impressions that the pension funds are idle not correct but are being invested in securities that considered safe for the funds.

Prepare for global monetary tightening, UBS tells Nigeria, others

“For emerging markets, the outlook is cautiously optimistic"

Hotel Chains Fight to Meet Demand for Accommodations in Africa

Currently, thousands of hotel rooms are waiting in the pipeline, preparing to open soon

Not yet uhuru for real estate

While Nigeria’s economy is said to be out of recession, there is yet to be any sign of recovery in real estate sector in 2017, as vacant and abandoned properties dotted the landscape.

Lessons from Morocco in China-backed mega project plans in Africa

The OBOR is a drive to raise hundreds of billions of dollars every year to link up all China’s trade corridors with an improved network of railways, roads, pipelines, maritime lanes and utility grids.

After Saudi Arabia, Morocco to Strengthen Bilateral Ties with Kuwait

The meeting took place in the presence of Sheikh Mohammed Al-Abdullah Al Mubarak Al Sabah, acting Minister of Amiri Diwan Affairs.

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