Managers of Wealth Africa

World is plundering Africa's wealth of 'billions of dollars a year'

Research by campaigners claims aid and loans to the continent are outweighed by financial flows to tax havens and costs of climate change mitigation

How much South Africa’s rich have ‘suffered’ since 2011

With inflation of 6.3% in 2016, therefore, real growth in personal income in 2016 averaged 0.2% in 2016, which is not supportive of household expenditure, the report said.

Wealth under the spotlight

Now changes are proposed or in progress that will affect discretionary trusts and the disclosure of assets in other countries.

The art of giving gains traction in Africa as the wealthy seek to make a difference

The Knight Frank findings show that over the next decade Africa’s number of ultra-high-net-worth individuals will grow by 33%

Wealth under the spotlight

The assets are replaced in the estate of the founder of the trust by a loan account, while all future growth happens in the trust.

Visa openness level improving in Africa despite challenges

Analyzing the visa regime in Africa and how open countries are in terms of relaxation or elimination of visa requirements for citizens from other African countries traveling to their countries, the index acknowledges existing challenges despite improvemen

Nigeria seeks Islamic Bank’s support in infrastructure financing

Nigeria also urged the speedy completion of on-going projects being sponsored by the bank in the country.

What we get right – and very wrong – in creating wealth in South Africa

NWW’s data suggested that up until the end of 2015, as many as 19,000 of the country’s wealthiest individuals – predominantly white – had bailed on the country over the past 15 years.

Tanzania: New Report Shows How 7.2 Trillion/ - Is Lost

It could also have helped transform social protection measures and support the most vulnerable by ten times the current budget.

Where banks fail (and win) on transformation

One bank, surprisingly, is stone last when it comes to most levels of management.

Zim’s new generation zeal worth banking on

How? Because, even if you overpay today, not a smart investment move, you will find a buyer who will be happy to pay more than you would have paid.

ICD and Afriland First Bank cooperate to establish an Islamic window in Guinea

The MoU was signed by Mr. Khaled Al-Aboodi CEO of ICD and Dr. Paul Fokam, Chairman of Afriland First Bank during the IDB 42nd Annual meeting at Hotel Hilton in Jeddah, Saudi Arabia.

Meet Nigeria's Top Five Billionaires, Whose Wealth Could Wipe Out Extreme Poverty

This extreme inequality, Oxfam has said, must motivate Nigerian leaders to tackle the problem.

Investec boss commits to UK after Brexit vote: "We will be there to take advantage of all the others leaving"

Investec already has a banking office in Dublin, which may need a new licence after Brexit, and an asset management office in Luxembourg.

Africa Competitiveness Report 2017

The Africa Competitiveness Report 2017 is a special project within the framework of the World Economic Forum’s Global Competitiveness and Risks Team. It is the result of collaboration between the World Economic Forum, the International Bank for Reco

Haven for wealthy at tip of Africa

The bulk of them come from Angola, Ghana and Nigeria.

Banks post N61bn extra profit despite recession in 2016

From the records, only Ecobank failed to record profit within the year under review.

Bonds firm but could be vulnerable if rand turns

Foreign outflows from the local bond market in the week were R3.049bn.

Rwanda leads EA region economic competiveness

The report says employment growth in manufacturing, finance, tourism, and logistics are encouraging but not yet creating sufficient jobs to realise the demographic dividend.

Brazil and South Africa: Strategic Partnership for the Future

In the realm of foreign policy, both countries believe in multilateralism as the most suitable path to the fulfillment of a rules-based international order.

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