Managers of Wealth Africa

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.

Why African banks are turning from London and New York to Dubai and Riyadh

Three major African banks have recently announced plans to either open or expand offices in these locations.

Highlights from the 2025 Article IV consultation

Starting with the economy, the Fund retained Nigeria’s economic growth forecast

A higher net deficit on the services account

In this note, we take a closer look at the key drivers behind the movement in the services balance.

Top 20 Middle East and Africa banks by market cap, Q2 2025

During this period, the Abu Dhabi-based lender partnered with real estate developer Binghatti Holding Ltd. to offer Sharia-compliant financing solutions to home buyers.

Nigeria-Saint Lucia Bilateral Relations under PBAT: The Strategic Autonomy Components

About 90% of the Lucians are Roman Catholic, due to earlier French.

Former Deputy President David Mabuza has died

In 1994, he joined the Mpumalanga Executive Council and remained a key figure within the ANC’s provincial and national executives before becoming Deputy President.

Ghana inflation drops to 13.7% in June, lowest since December 2021

The Consumer Price Index for June 2025 was 257.3 down from 260.5 in May 2025 and up from 226.4 in June 2024.

South Africa faces a tough call this month

The MPC prefers to anchor inflation expectations at the 4.5% midpoint of its target band, and is in talks with the National Treasury to adjust the goal to 3%.

65% of Kenyans Do Not Have a Bank Account, 87% Struggle with Access to Credit, Says Latest Research

87% of Kenyans struggle with access to credit having never had approved loans for ~$25.

Insurance: What policyholder should know about claims

The data from NAICOM indicated that aggrieved policyholders with 1,582 complaints were owed over N24.59bn and $22.56m.

How rich South Africans are protecting their money

Engelbrecht advised sticking to one’s investment process and remembering that economies tend to recover, even from political turmoil.

Some of the best news in 16 years for South Africa

That matched the National Treasury’s May budget forecast, but missed its 2024 estimate of R61 billion.

Afreximbank eyes multi-billion dollar deals at 2025 annual meetings in Abuja

More than 6,000 delegates from around the world have confirmed participation, according to the Director of Communications and Events at Afreximbank.

The one group of South Africans facing financial disaster

This age group makes up nearly half the population, with close to 30 million South Africans under the age of 24.

Inside Nigeria’s banking system where the blind are denied inclusion

The resulting Stevens–Johnson Syndrome ravaged her young body, attacking her skin and mucous membranes. When she woke up, she could no longer see.

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