Managers of Wealth Africa

This African country may have just gotten its first dollar billionaire

Estimates of Malawian native, Thom Mpinganjira, bank shares suggest that he may now have over a billion dollars in assets.

Inflation target change remains on the cards for South Africa

Kganyago also said that while inflation is expected to tick up in the coming months, it is likely to be temporary and is seen returning to around 3% over the medium term.

A notable growth in gross external reserves in July

This marks a recovery from the USD1.2bn decline recorded in June

A softer demand at the DMO’s July auction

The decline reflects a more cautious stance among market participants

IMF maintains cautious optimism amid persistent uncertainty

The 2025 forecast is 10bps lower than in April, while the 2026 estimate is unchanged.

Enhance cybersecurity to boost business – Deputy Commissioner to insurers

The awards ceremony, held annually, has grown in significance, bringing together top-tier professionals

South Africans moving money internationally have a simpler, more affordable option than their bank

Future Forex is redefining international money transfers in South Africa – combining substantial savings with a service experience that outshines that of the banks.

Africa unveils integrity principles, coordination platform to strengthen carbon markets

The announcements were made at a high-level continental dialogue convened in collaboration with the Government of Kenya and Afreximbank.

Big problem for South Africans who order takeaways

The rise of digital technology has made food delivery far easier, with ordering as easy as tapping a phone.

A modest y/y rise in external debt.

Based on standardized metrics

A sharp rise in domestic debt service cost

The marked q/q increase in debt service obligations reflects a recurring seasonal pattern

Dr Rufaro Nyakatawa Featured on the Unlocking Africa Podcast

She also explores how African governments and the private sector can support capital mobilisation and innovation to scale sustainable infrastructure solutions.

Kenya’s 12 highest-paid CEOs at the Nairobi Securities Exchange

Financial sector chiefs took home Kenya’s lion’s share of corporate pay.

Big shift in interest rate expectations for South Africa

Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August.

Major salary changes proposed for South Africa

It would also make it mandatory for employers to disclose either a fixed salary or a salary range when advertising a job, classifying or grading positions, or appointing or transferring staff.

Gerrie Fourie’s tearful farewell to Capitec family

At an emotional AGM, the bank’s long-serving CEO and founding member stepped down after 25 years.

South Africans saying goodbye to cash

This shift is being driven by convenience, choice, and the rise of omnichannel shopping experiences.

As Ghana cedi appreciates, inflation drop raises rate cut hopes

Mr. Awuah cited the GRR at 28 per cent as a key factor and emphasised the impact of any aggressive MPR cut.

KPMG: Reforms, Stable FX Market, Banking Recapitalisation to Drive Manufacturing Sector’s Growth Momentum

The KPMG made this declaration last week in a presentation by Senior Partner KPMG Nigeria

UK firms explore investment prospects in Nigeria

The delegation connected with Nigerian policymakers, investors, and creatives through curated events aimed at fostering collaboration and unlocking new business opportunities across Africa.

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