Managers of Wealth Africa

South African economic recovery deemed fragile by IMF

The economic recovery is deemed fragile, as it was accompanied by worsening unemployment, weak bank lending to the private sector and anaemic private investment.

The most important message for businesses in Ramaphosa’s SONA: Nedbank

Ramaphosa stressed that it was the state’s role to ‘create an environment in which the private sector can investment and unleash the dynamism of the economy’.

State capture: how the rot set in and how the project was rumbled

Corruption is fighting back ….

Worst of pandemic loan defaults over for banks, says Moody’s

The agency has projected the non-performing loans (NPLs) ratio to fall from December’s 13.1 per cent to around pre-pandemic levels of 12 per cent.

Business Talk – FNB CEO Jacques Celliers discusses the future of banking in South AfricaThe Banking Industry in Egypt 2021

Celliers talks about the exciting awards FNB has recently won – including Best SME Bank in South Africa and Africa at the Global SME Finance Awards,

The Future of Money: Gearing up for Central Bank Digital Currency

By Kristalina Georgieva, IMF Managing Director Atlantic Council, Washington, DC

VAT hike the most likely option for South Africa: analyst

There is simply not much more to do in this space without chasing the remaining taxpayers away.

Gary Gowrea, MEMG International: “The SPF can become one of the success factors for the financial services industry in Mauritius”

As you are aware, although Mauritius can be considered as a young financial centre, its offerings have matured rapidly.

Three Moroccan Banks in Global Best Banks Ranking

Moroccan banks have continued to grow despite the pandemic, and their progress has not gone unnoticed among international observers.

These are South Africa’s most valuable banks

Each brand is also assigned a Brand Strength Index (BSI) score out of 100, which feeds into the brand value calculation.

Africa as the last frontier of global growth – and where the US and China are headed

We foresee 2022 bearing witness to new unicorns coming out of Africa

FNB warns of new scams targeting customers

To help consumers and businesses avoid being scammed, Virgillito shares some of the current scams and tips to help protect yourself

Ramaphosa may announce job reservation in new blow for foreigners

Tripartite alliance has discussed excluding foreign nationals from some local markets

How much money you need to have saved for retirement based on your age

Understanding and appreciating this principle is the key to developing better saving habits.

UK cabinet to contact Bain about its role in state capture

"The Cabinet Office will shortly be writing to the company and engaging with them to better understand the status of the findings of the report and week appropriate assurances to the government,"

Outlook for Africa and India 2022

The figures, however, hide some stark divergences amongst the countries on the continent.

Stanbic IBTC Asset Management Promises Better Returns to Customers

At Stanbic IBTC Asset Management, investors are advised on investment options to maximise opportunities and minimise risk.

Botswana’s Debswana annual diamond sales jump 64%

Debswana, a joint venture between Anglo American unit De Beers and Botswana’s government, sells 75% of its output to De Beers with the balance taken up by the state-owned Okavango Diamond Company.

Bill and Melinda Gates shake up control of their $50 billion foundation

The Seattle-based foundation said there could be as many as nine members in the future.

Top Nigerian Bank CEOs Kick Off 2022 in Riches. Here is How Much they Made in January 2022

Chief Executive Officers of Nigerian banks made a lot of money during the first four trading weeks of January 2022

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