Managers of Wealth Africa

Open Finance vs Open Banking

During 2020, the Financial Sector Conduct Authority (“FSCA”) conducted an Open Finance survey involving more than seventy companies ranging from Fintech start-ups to large financial service providers.

Recovery During a Pandemic

Global recovery continues, but the momentum has weakened and uncertainty has increased

Fitch Ratings: Morocco’s Banks Credit Recovers After Hiatus

Fitch Ratings foresees a slight improvement in the Moroccan banks’ credit sector following the COVID-19 pandemic.

Bad news for businesses in South Africa

Data from Statistics South Africa in July, showed that close to 1,000 businesses had been liquidated in the first half of 2021.

Africa: New Global Probe Exposes African Leaders' Secret Offshore Wealth

Premium Times will begin publishing reports in the coming days showing that Nigerian figures including a former Chief Justice and current and former state governors have set up shell companies, sometimes holding "huge financial assets" in tax ha

West Africa’s Top Banks in 2021

For another year, Zenith Bank tops the regional table for West and Central Africa in our survey of Africa's 100 Top Banks, with tier 1 capital up 15% to $2.3bn.

10 Steps to Getting Your Workplace Post-COVID Ready

“As the world is evolving, so does the workplace need to evolve to suit individual organisations,”

The coronavirus effect on global economic sentiment

Executives’ sentiment on economic conditions continues to be positive, even as concerns mount—yet again—over the pandemic’s threat to growth.

Where does the road lead for Sanlam?

In August 2017 it purchased Tavistock’s financial advice network – Tavistock Financial – adding £1.5bn to Sanlam UK’s assets.

South Africans could be saving too much, Absa says

The national savings rate increased from 16.6% in the first quarter to 18% in the three months through June, according to the South African Reserve Bank’s Quarterly Bulletin published on Tuesday.

Many losers and a few winners from the pandemic by FBNQuest Capital Research

The survey approached 3,000 companies (2,100 in the formal economy and 900 in the informal) and achieved a response rate of 98.8%.

North Africa’s Top Banks in 2021

National Bank of Egypt maintains its top spot in North Africa in our annual ranking of Africa's Top 100 Banks, while North African banks occupy 45 places in the Top 100.

Worries over skills exodus at South Africa’s Treasury

“Markets shouldn’t be concerned or very worried about people leaving,” Director-General Dondo Mogajane said in an interview on 23 September.

African equity markets prove to be an oasis of calm

A price increase of almost 20% in six months - that's impressive.

Israel's banks least efficient among Middle East peers despite improvements

The cost-to-income ratio measures the cost of running a business as a proportion of operating income, and lower ratios indicate a more profitable business.

Rising ESG concern drives push for sustainable financing in Middle East

A full 97% of issuers in the region who responded to the HSBC 2021 Sustainable Finance and Investing Survey said they had increased the attention that they pay to environmental and social issues over the past year

Almost half of professional's claim 'hybrid working' is not fit for purpose

63% of companies have adopted hybrid-work models

Are retail investors ready for hedge products?

The South African hedge fund industry has seen significant changes over the last six years.

Decline in short-term credit is weighing down SA economy, research finds

The decline in short-term credit extensions also coincided with a decline in economy-wide sales, employment and taxes.

How SA's big 4 banks grew their combined earnings by 177% during a pandemic

The recovery of the bank's profits, some to much better-than-expected levels in the first half of 2021, came down to better economic performance, especially in sectors like mining.

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