Managers of Wealth Africa

REVEALED: High net worth individuals’ investment mistakes

A sample of 652 deVere clients in the UK, Asia, Africa, the Middle East and the U.S. who have investable assets of more than £1m (or the equivalent) were polled.

Banking pay compared: Barclays’ Ramos emerges as best-value, Investec’s Koseff worst.

Ramos, 57, is having to contend with Barclays Plc’s moves to reduce its controlling stake in the third-biggest South African lender as part of British bank’s plan to raise cash, shrink globally and conserve capital.

Rumors South Africa’s finance minister is about to be arrested are scaring investors

Gordhan has consistently denied wrongdoing.

Experts outline how Islamic finance can support achieving the SDGs

The opening speeches were followed by two panel discussions on the role of Islamic finance in the SDGs.

An idea Africa should steal:`trash banking' boosts savings while cleaning Indonesia's cities

At other trash banks account holders can exchange their rubbish directly for rice, phone cards or paying their electricity bills

How to prevent cyber-crime in Africa’s growing mobile market

As such, Africa is ripe for digital opportunities.

Kenya ranked 4th top investment hub in Africa and top in East Africa

This is according to The Ernst & Young Africa attractiveness index released last week which puts the country at fourth position on the continent after South Africa, Morocco and Egypt.

Africa urged to dismantle trade, movement barriers to spur growth

Trade between African nations accounted for just 11pc of total transactions, compared with Asia where regional trade accounted for 40pc and Europe where it was 70pc.

South Africa's Central Bank Probe Blames Abil's Collapse On Former Management

A report into the 2014 collapse of South Africa's biggest unsecured lender African Bank Investments laid the blame squarely on management, saying they negligently chased after growth while lacking banking experience.

Global wealth managers compete for up to US$200b

Firms that fail to make strategic investments to deliver a superior client experience may risk losing a substantial portion of their current business, the report finds.

PE exits in Africa reach nine-year high, new data confirms

This uptick in exits took place despite the fact that PE firms have retained their investments for a longer period

Moody's confirms the ratings of the five largest South African banks; negative outlook

The action follows a similar sovereign rating action and concludes the review for downgrade.

Africa’s Growth Story Is Only Beginning

Kenyatta added that his own country shows the value of diversity.

Fitch: Investors Targeting African Banks Despite High Risks

The outlook on eight of Fitch's 19 African sovereign ratings is Negative

Africa faces challenges as global banks pull out, says Bob Diamond

The fast-growing economies of Africa face headwinds from the pull-back of international banks from the continent, Barclays' erstwhile-chief executive told CNBC, as the bank moves to sell down its business in Africa.

Economic crunch may force $25bn capital flight as banks plan African expansion

The belief, according to investigation, is that the rush into new African frontiers has more to do with what appears to be the downturn in the economy and unclear policy direction on the part of the Federal Government.

Namibia ranked 7th in growth of millionaires

The fastest growing African countries in terms of millionaire growth are Mauritius and Ethiopia, according to the firm

BNY Mellon report predicts that investor demand for real assets will surge by 2020

The survey also revealed that more than a third of infrastructure and real estate fund managers had altered their investment approach

Africa follows UAE in taking the free zone route

With lagging commodity prices driving the downturn, many countries are looking at special economic zones (SEZ) with a renewed sense of urgency.

African private equity funding hits $4.3bn amidst ‘high growth expectations’

Prices paid by private equity (PE) firms for stakes in African companies are at a six-year high, with global investors showing “strong interest in investing in Africa’s real economy”, new research

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