Managers of Wealth Africa

Mama Money expands into new territories

Mama Money’s technology and innovative social business model cemented its market position

Union alleges threat to contributory pension scheme

Retirees under this scheme have not been able to access their retirement benefits

Investec Asset Management’s stock picks

And portfolio positioning in the current environment.

Africa’s first dot com millionaire

It was the first ever full-security encrypted ecommerce web server commercially available outside of the United States.

South Africa’s wealthy are escaping the tax net – report

City Press reported that approximately 103,000 people would fall into a new top wealthy tax category, citing Treasury.

ZB to reclaim $5,9m embargoed funds

In its financial results for the year ended December 31 2016, the group’s profit after tax increased to $11,43m from $9,36m realised in 2015.

Walter Aylett is South Africa’s asset management rock star – all the Fund Awards winners here!

“This year’s winning funds and fund houses delivered strong returns after adjusting for risk, surpassing the performance of their peers”, Tal Nieburg

South Africans and their relationship with money

Many of us would like more money: 80% of Prosumers believe that their lives would better if they had more money

East Africa On Track to Boost Energy Access, Says World Bank

The bulk of sub-Saharan Africa countries with the lowest electrification rate under 20 per cent are in the red zone on energy access, indicating that they have barely begun to grapple with this serious development issue

Africa’s fastest-growing economy has SA investors lining up to share in spoils, say banks

Bloomberg reports that South Africa’s Standard Bank Group is among the global banks setting up offices in Ethiopia

Jersey Chief Minister makes official visit to Africa

Jersey is also a significant source of high-quality capital that's essential to meeting Africa’s investment needs and long-term development.

Africa: Private equity investment charting well

The report also noted that the total value of deals above $250 million was also significantly larger than in 2015.

Standard Bank has the least-satisfied customers in South Africa

Standard Bank showed another year of decline in customer satisfaction, with a score of 71.9 down 1.1.

South Africans and their relationship with money

Many feel that the next generation will be less financially secure, while a number worry about losing their existing investments.

Here is how many billionaires live in South Africa

The global ultra high net worth individuals population increased to 193,490, up 42% over the past decade, and is expected to climb 43% to 275,740 by 2026.

Kenya tipped to create 7,500 super rich people in 9 years

It means that the growth in ultra-wealthy people in Africa and Latin America will outpace that of Europe and North America over the next decade, the report says.

PE’s most expensive property sold for a record R16m

Port Elizabeth is coming into its own with more high net worth buyers relocating to the city

BoU Lauds Bank of Africa On Financial Sector Growth

We believe that the responsibility of Bankers goes beyond the core of their business.

Kenyans transacted Sh3 trillion via mobile phones last year

This means that Kenyans transacted an average of Sh280 billion in real-time mobile-based payments per month

Global ultra-wealthy population grows in 2016 despite uncertainty

One key influence on income in 2016 has been the performance of stock markets in dollar terms.

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