Managers of Wealth Africa

South Africa’s best and worst banks, according to customers

Banks and their customers have adapted to digital banking platforms in unprecedented circumstances and time frames.

Standard Bank’s acceleration of structural reforms may boost slow growth in SA

The group has limited direct exposure to Russia and Ukraine. However, potential secondary impacts across the countries where the bank operates, were being assessed for example in financial markets, trade, transport logistics, commodity, and food prices.

Old Mutual says death claims worse than anticipated

The group reported that it released R5.3 billion from its pandemic provisions, which partially offset the impact of excess deaths on its profit.

Consumers rights vs banks in South Africa – what you need to know

Sometimes these misunderstandings result in a dispute lodged with the office after all attempts to reach a settlement between the parties have failed.

The super-rich are leaving SA

Biggest decline in the number of very wealthy people globally.

Why Muslim Women Advocate for Modesty, Gender Inclusion in Nigeria's Financial Market

The Creative entrepreneur acknowledged that western brands are also adopting the innovations from the modest fashion industry globally

South Africa’s best and worst life insurers, according to customers

The index surveyed over 2,100 customers of SA’s largest life insurers by market share during the last quarter of 2021.

South Africa named world’s most unequal country – again

World Bank Group: Inequality more than doubles when factoring in race.

Sanlam pays out R22bn in mortality claims, up 76% year on year

SA’s largest insurance group says operational performance has been restored to pre-pandemic levels

Crypto Investment and the Wealthy

Wealth-X Report Reveals New Insights Into Wealthy Crypto Investors

Multimedia group Silverbird names African Development Bank’s Akinwumi Adesina 2021 ‘Extraordinary Personality of the Year’

‘It’s time to support the youth to propel the future’ - Adesina says in keynote speech

Tanzania: NBC Bank Nears 50-50 Gender Balance

Additionally, the NBC boss disclosed that last year, women employees at the bank performed well representing a 53 per cent and that they believe that investing in women development is key for business prosperity.

How many multi-millionaires live in South Africa

High-net-worth individuals are defined as having a net worth of at least $1 million (R15.3 million), including their primary residence.

Ghana in Focus special - Is Ghana really independent??

How can Ghana be independent when it does not own, manage and control its economy and resources to the degree that Ghana only gets 3% royalty rate from Gold output.

SA economy expands in fourth quarter of 2021

The increase, which follows a contraction in the third quarter of 2021, was slightly below market estimates

Tackle your debt head on with these financial solutions

Take a step towards financial wellness and consider debt consolidation or debt review to pay off your debts and regain control

Access Bank: 20 Years of Pioneering Leadership

March 22, 2022, will make it exactly 20 years after Aigboje Aig-Imoukhuede and Herbert Wigwe acquired Access Bank Plc.

Banks’ NPLs Fall Below 5% First Time in 10 Years as Total Credit Increase by N4.09trn

In their assessment of the Nigerian banking sector, the committee members noted that the industry has remained resilient with average non-preforming loans falling beyond regulatory requirement.

Banks cut borrowing from CBN by 47%

Earlier in January, banks borrowing from the apex bank fell by 46 per cent to N1.3 trillion while their deposits rose by 29 per cent to N272 billion.

Investors pull back from Mutual Funds

Asset value down 12.2% to N1.12trn in 2021 •Dealers blame low returns, knowledge gap

Comment, Analysis & Research