Managers of Wealth Africa

SA banks over the worst

While South African banks remain concerned about the very weak domestic growth outlook, their headline earnings in 2013 reflect that they have fully recovered from the global financial crisis

Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says

The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates

Why Bitcoin Isn't Dead Yet

The digital cryptocurrency which may or may not have been founded in 2009 by a 64-year-old Japanese recluse — was hit by the biggest challenge it's faced so far when Mt. Gox, the world's largest bitcoin exchange.

Scared money seeking a safe haven heads home

USSIA’s military mobilisation on Ukraine’s borders over the past week was an echo of the sort of geopolitical event that used to send international investors scurrying for cover over the past 50 years.

Survey: The Wealthy Don't Like Talking About Wealth

Money is the most uncomfortable topic of conversation for six out of ten high-net-worth individuals, according to a new international poll.

Jim O’Neill interview: Making a MINT in the new BRICs - Grant Thornton

When economist Jim O’Neill coined the term ‘BRIC’ in 2001 to group together the fast-growing economies of Brazil, Russia, India and China he couldn’t have known that the insight would prove so powerful.

Ghana: Women taking over top positions in banking industry

Despite being seen as a woman friendly industry, majority of top positions in the banking industry for years have been occupied by men.

Look to Africa for Faster Growth

For emerging-markets investors, Africa is high-risk but has good growth potential.

At a glance: Emerging markets: caught in a taper tantrum? - PwC

Emerging markets have been having a rough ride recently. While advanced economies have picked up speed, emerging markets have been slowing down, posing challenges for international investors and businesses.

Is Tanzania's BRICS engagement a win-win or a win-lose situation?

Participants have openly said that Tanzania’s investment engagement with Brazil, Russia, India, China, and South is not a win-win situation but rather it is a win-lose situation.

Selecting and Monitoring 'Style' Managers for Long-Term Performance - Stonehage Know How Bulletin

The inclusion of 'style' managers such as 'value' or 'quality' as core drivers within an equity portfolio can potentially improve an investor’s long-term returns.

FirstRand to focus on Africa as SA rates rise

As South Africa enters a rising interest rate cycle that will put more financial strain on consumers, FirstRand is focusing more on its African operations to diversify earnings.

Nigerian Millionaires to Hit 23,000 in Next Four Years

All New report published by New World Wealth has disclosed that the number of Nigerians having about N160 million investable funds has risen to 15,700 as at last year end.

Fitch Affirms Zenith, FBN Holdings, 8 Others’ Ratings

Fitch Ratings has affirmed the Long-term Issuer Default Ratings of Zenith Bank Plc, FBN Holdings Plc and eight other financial institutions.

Equity Bank versus Kenya Commercial Bank: Who will control the future?

The tale of KCB and Equity Bank is bound to get most interesting this year as the two largest Kenyan banks by assets race to dominate business in the region.

Who is the reclusive billionaire creator of Bitcoin?

Strangely, nobody knows who created it

Sustained Global Economic Expansion Expected Despite China Concerns and Emerging Market Turmoil - Richard Hoey

Orderly Deceleration of Chinese Economic Growth Anticipated; U.S. GDP Growth at 3% in 2014, 2015 and 2016

BRICS to set up their bank within five years, progress slow

The BRICS bloc of emerging economies will set up its development bank with a total capital of $100 billion within five years, but member countries still haven't agreed on their share in the bank's structure

Banks Advised to Focus on In-country Profitability

Banks in Nigeria and other countries in Africa would be better off concentrating on in-country profitability than focusing on building unprofitable subsidiaries across the continent.

FirstRand first-half earnings to increase as much as 26 percent

FirstRand Ltd., South Africa’s second-biggest financial services company, said first-half earnings will be as much as 26 percent higher as the company added retail banking customers.

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