Managers of Wealth Africa

Mozambique’s Prime Interest Rate to Remain at 18.6% in January

Its creation was agreed between the central bank and the AMB in June 2017 to eliminate the proliferation of benchmark rates on the cost of money.

Nigeria’s inflation rate may be among world’s highest in 2022 – World Bank

The bank further highlighted the adverse effects of inflation on Nigeria

Ten Top Nigerian Banks Rake In N34.4trn Deposit In First 9 Months Of 2021

All 10 banks now have deposits in excess of N1 trillion.

Akinwumi Adesina: Face of a positive Nigeria, setting new agenda for African Development

Perhaps on the streets of Lagos, Abuja and Daura, narratives of “Nigerianisation” or ethnic coloration of public offices are all too simplistic.

Kenya: Traditional Banking Usage in Kenya Declines to 23.8pc - Survey

No regular income and high cost of operating a bank account were listed by 35.3 and 23.0 percent of the respondents as other reasons for not using a bank account in the last 12 months prior to the survey

Bitcoin slump? Yes, but ignore the crypto deniers

“For the third consecutive year, Bitcoin has outperformed both stocks and gold.”

90% of Mena employees feel optimistic about 2022, survey finds

More than half picked finding a new job as their top career-related resolution for next year, according to Bayt.com

Credit ratings of SA banks improve slightly

The change from ‘negative’ to ‘stable’ is an important sign that the worst is behind us.

Protect yourself from online scammers

Online fraud during the festive season tends to be on the rise, with criminals using every trick in the book to scam people.

We’ll increase support to startups – Ecobank Ghana

There are various financial instruments including advisory we make available to aid their growth.

African Banks : No Easy Road to Recovery - Fitch Ratings

The pace of downgrades has significantly reduced in 2021 compared with the prior year.

3 ways banking is expected to change in South Africa

At TymeBank, 85% of bank accounts have been opened at retailer kiosks in Pick n Pay and Boxer stores, while only 15% were opened online.

4 behavioural biases to avoid when investing: South Africa portfolio manager

Van Wyk said the best strategy is to educate yourself on the most common biases, and to find ways of working around the types that most reflect your stance

MfBs scramble to meet recapitalisation deadline, assets jump by 72%

The banking regulator communicated this in a circular with reference number FPR/DlR/GEN/ClR/07/054 titled, ‘Re: Review of minimum capital requirements for microfinance banks in Nigeria.’

Stanbic IBTC Bank Boost Economy, Grows LDR to 69%

The loan book increased by 18 per cent from FY 2019 position of N556.4 billion to N655.3 billion as at December 31, 2020.

Compelling ways to diversify and grow your retirement ‘pot’

“Most tax-free savings accounts available today offer competitive returns that are largely stable and deliver growth at least in line with inflation,”

World economy set to exceed $100 trillion for the first time next year: Economic wrap

The head of Norway’s wealth fund said that financial markets are set to experience weak returns in the next decade and that inflation is the main hurdle ahead.

Why Dodgy Debtors Must Avoid Access Bank Facilities!

It’s then not surprising that with gloves off, the no-nonsense managers of Access Bank Plc, led by its proactive CEO/Group Managing Director Hubert Wigwe, last week, went after the properties of late Chief Sunny Odogwu, over a judgement debt of over

TAJ Bank Earns Short-term A2 Rating

It’s said the rating of Taj Bank was supported by its very good liquidity position, good profitability and asset quality.

From Jersey to Africa: Standard Bank marks milestone in Jersey

From Jersey to Africa, a tale of endless opportunity.

Comment, Analysis & Research