03/02/2017
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.
Comment, Analysis & Research
03/02/2017
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
03/02/2017
BoU Lauds Bank of Africa On Financial Sector Growth
We believe that the responsibility of Bankers goes beyond the core of their business.
03/01/2017
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
03/01/2017
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.
03/01/2017
Capitec has the most satisfied customers in 2016
Absa recorded a negligible decline compared to its 2015 index score 74.2 in 2016 vs. 74.3 in 2015
02/28/2017
Sustained commodity prices could spur SA and other emerging economies
If commodity prices continue higher and inflation keeps falling, a lacklustre South African economy should accelerate slowly this year
02/27/2017
5 predictions for South Africa’s banking industry
The South African banking industry will see major shifts this year from a competitive and operational perspective.
02/27/2017
This country is attracting rich South Africans
Investment in Malta starts from EUR200,000 (R2.7 million) to 250,000 (R3.4 million), said Cohen.
02/27/2017
Offshore is a yes, but what?
Pointers on whether to choose a unit trust or stockbroking account.
02/27/2017
Most high-income earners gloomy about the economy
An Intellidex survey shows 81% of high net-worth households feel less confident about the future of the economy following the budget.
02/27/2017
Divorce of Barclays bank won’t affect banking in Africa – Expert
This has raised mixed reactions in the banking sector, with fears that this might trigger more pullouts in the African market.
02/27/2017
Tax, property laws should be reviewed to boost non-interest banking – Stanbic IBTC
This we have seen playing out in the successful outcome of sukuks.
02/27/2017
African wealth funds seek foreign partners
Meanwhile, consultancy McKinsey has estimated that investment in African infrastructure is so poor it needs to double to $US150 billion a year.
02/27/2017
Nigerian insurance market bigger than South Africa’s – Old Mutual
The population in Nigeria is big; the insurance penetration is big; they are 70 million formally employed people in Nigeria.
02/27/2017
Global Fintech Investment declined in 2016- KPMG report
Three Chinese mega-rounds buoyed global fintech funding significantly, led by the Q2’16 Ant Financial record-setting US$4.5 B funding round.
02/24/2017
Morocco’s Skillful Economic Diplomacy in Africa
Other governments around the world welcomed the Moroccan attempts to create positive partnership venues in Africa
02/24/2017
With FirstLounge, bank set to redefine lifestyle transit banking
FirstLounge is also designed to make available lifestyle banking services such as issuance of international cards for use abroad
02/23/2017
Nigeria’s sovereign wealth rises by over 2,000 per cent
Our strategic investment focus for 2017 would be on massive domestic infrastructure projects that would add value to both the economy and the people.
02/23/2017
Bowmans is Leading Legal Adviser in Africa According to Dealmakers
Bowmans was also recently recognised by MergerMarket in the African and Middle East league tables as the No 1 ranked legal firm by deal count in 2016.