Managers of Wealth Africa

Global inflation pushes millions of Africans back into poverty

People across continent struggle to cope with impact of weak currencies and high prices

JPMorgan says soft landing, not recession, base case for global economy

Positive sentiment has returned to markets in recent days amid hopes that inflation may have peaked, at least in the US.

Inflation in Mozambique Hits Record Highs Again, Reaching 12.1%

The rise since the start of the year is in line with the global inflationary climate caused by the war in Ukraine and rising fuel prices.

Remittances resilient despite inflationary pressures – WorldRemit

Kenyans living and working abroad adjusting lifestyle to support families back home.

Soft life: How to flex like Tony Elumelu

He is further seen entering and then emerging from what looks like a Maybach luxury car with a few staff scrambling to kotow.

How Kenya's unemployment rate rose highest in East Africa

In Uganda unemployment rose from 1.9 percent to 2.9 percent while in Rwanda the rate rose from 1.2 percent to 1.6 percent.

The future of payments in Africa

This article presents insights from African experts along with our analysis of what is driving the growth of e-payments on the continent

South Africa’s cost-of-living crisis has worsened over the past 10 years

The economy grew 0.2% from a year earlier, compared with a forecast of 0.6% growth in a separate survey.

Banks’ Borrowing from CBN Down 47% as Analyst Predicts Continuous Decline

The financial data by CBN revealed that banks’ borrowing through the CBN’s SLF dropped by 27.4 per cent MoM to N1.06trillion in August

How the African Continental Free Trade Area (AfCFTA) promises to improve labour mobility, spur wealth creation in Africa (By Margaret Soi)

Considering that African exports to the world make up only 3% of the total world trade value, there exists much scope for improvement.

Africa does not need more development banks

The main argument in favour of Ghana’s latest development finance bank, Development Bank Ghana

The 4 things threatening your retirement savings in South Africa – and how to stop them

As a result of medical and biotech advances that combat disease and allow us to live longer, it is now necessary for retirees to be able to sustain their savings for a longer time period, said Conradie.

Ecobank Ghana Remains Solid, Positive Outlook With High GCR Ratings

The report continued that “Ecobank Ghana is one of the leading digital banks in Ghana leveraging on Ecobank Transnational Incorporated’s (ETI’s) extensive digital strategy innovations.

Nedbank sees ‘warm digital’ future for SA retail banking

CEO Mike Brown says SA consumers still want human interaction despite embrace of digital solutions

Discovery points to strong earnings amid ‘normalisation of conditions’

As a result, Discovery said it expects HEPS to be between 70% and 80% higher when it publishes its full-year 2022 financial results on 7 September 2022.

CIBN, Lemo advise new graduates on banking career

The induction, an annual event of the institute, is the forum where student members who have completed their examinations

Kenya: M-Pesa beats most traditional banks on customer sentiment, survey finds

That was despite the fact that social media conversation about M-Pesa jumped by 116% from 2020 to 2021.

How I Became Head of Business Banking at Bank of Africa

Anthony is a very simple man, a family man and a banker with experience spanning more than 15 years in different roles.

Why Nigerian women can be better at investing

This is partially due to the fact that formal financial inclusion is still low in Nigeria

Jersey Finance’s Director – Middle East, Africa and India, Faizal Bhana, Discusses Saudi Corporate Structures in Arab News

In the article, Faizal and Lama Homaidan AlTurki, Director at the Council of Corporate Health, review the Kingdom’s legal corporate structures

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