Managers of Wealth Africa

Global Family Office Report 2014

This report provides an analysis and evaluation of the current and prospective outlook of family offices around the world.

Increased Internet access expected to generate more consumer spend across the African continent over the next five years: PwC report

Increased Internet access will generate more consumer spend than any other media product or service in the next five years in the South African entertainment and media industry, according to a report issued by PwC today.

World's billionaire population at record high

The combined wealth of the world’s billionaires increased by 12% to US$7.3 trillion

FirstRand takes sector lead despite lagging Africa growth

Operations in the rest of Africa are important as banks benefit from the significantly higher economic growth in many sub-Saharan countries in comparison to SA’s sluggish gross domestic product.

Second Home Hotspots for the World's Multi-Millionaires

New York's multimillionaire second home buyers are primarily from the rest of the United States, but a large number, too, hail from the UK, Europe as well as the BRIC countries (Brazil, Russia, India, China).

Thompson Reuters, CNBC Africa announce strategic partnership

Thomson Reuters, which provides intelligent information for businesses and professionals, has partnered with CNBC Africa to provide the broadcaster's various platforms across Africa with the latest financial data and analytical tools.

Bancassurance rising in Sub Saharan Africa

Banks in ten SSA countries – namely Angola, Côte d'Ivoire, Ghana, Kenya, Mozambique, Nigeria, South Africa, Tanzania, Uganda and Zambia – are generally well-positioned to grow as an insurance distribution channel from the rapid incr

African CEOs optimistic about growth despite challenges on the continent - PwC report

‘The Agenda’ compiles results from 260 CEOs in Africa and includes insights from business and public sector leaders from 18 countries

Blue about the banks

You can bank on banks, is the message we’ve been getting since the recent downgrading of the big four banks

Porsche Returns to Kenya With Franchise as Growth Spurs Wealth

Porsche did an “analysis and, based on Kenya’s strong micro-finance indices

UBA named ‘best transaction bank’ in Africa

The Group Managing Director/Chief Executive Officer of UBA, Phillips Oduoza, welcomed the announcement, noting that the endorsement validates the concerted efforts to ensure the bank’s customers across the continent

Confidence levels in SA ‘take hit from strikes and crime’

While confidence about growth and exports reaches record levels globally, surveys by Grant Thornton and Merchantec caution that SA risks missing out on the boom.

West Africa economic growth to accelerate above 7% yearly

In the last decade, the size of the African economy has more than trebled, with West Africa now the fastest growing region on the continent.

South Africa: Living in Self-Delusion - Who Controls Africa's Economy- - Nigeria or South Africa?

When in 2004 President Olusegun Obasanjo muted the idea of a state- backed Nigerian company that can compete favourably with multinational companies, Nigerians partially bought into the idea.

MOBIUS: An Effective BRICS Bank Would Be A Big Win For The Whole World

I think the initial impact of this new development bank for emerging markets is that many countries could have a new source of financing

Bank Fraud Cases in Africa

There were 503 cases of financial fraud in the 1st half of the year 2012 reported across the African continent.

Ebola causing huge damage to West Africa economies: development bank

At least 1,427 people have died of the deadly hemorrhagic virus since it was first detected

Despite downgrade, SA money in banks is safe for now

Hsieh spoke us through the implications of the banking downgrade on South Africans

South Africa’s Subprime Crisis

The regulations they’d put in place left the banking system largely unaffected and insulated local investors from much of the subprime fallout.

Africa’s Middle Class Is Booming, While America’s Is Shrinking

A new study finds sub-Saharan Africa’s middle class is on track to nearly triple by 2030

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