Managers of Wealth Africa

I built my wealth from scratch, rejected inheritance – Dangote

In a recent interview, the business magnate noted that although both sides of his family were affluent, he chose to forge his own path instead of depending on family wealth.

Big inflation announcement for South Africa coming soon

The announcement follows some friction between National Treasury and the South African Reserve Bank over the target.

Stable inflation outlook amid supply side pressures

Complementing this trend, the share of respondents expecting higher inflation declined to 33.5% in June from 35.9% in May.

Robust growth in CIT receipts in Q4 2024

The total CIT receipts comprise both domestic and foreign CIT payments, with domestic collections

Uganda Development Bank Managing Director on the challenges facing DFIs

Patricia Ojangole speaks to the imperative of low cost and patient capital and effective management in helping to fulfil DFI mandates.

South Africa kisses over 2,400 millionaires goodbye

South Africa remains the largest wealth market on the continent, with 41,100 millionaires, including 112 centi-millionaires and eight billionaires.

Rising inflation, others endanger $1tn GDP plan — Afrinvest

Similarly, projections by the International Monetary Fund and the World Bank place Nigeria’s growth at between 3.4 and 3.6 per cent in 2025, rising marginally to an average of 3.8 per cent by 2026–2027.

This African country may have just gotten its first dollar billionaire

Estimates of Malawian native, Thom Mpinganjira, bank shares suggest that he may now have over a billion dollars in assets.

Inflation target change remains on the cards for South Africa

Kganyago also said that while inflation is expected to tick up in the coming months, it is likely to be temporary and is seen returning to around 3% over the medium term.

A notable growth in gross external reserves in July

This marks a recovery from the USD1.2bn decline recorded in June

A softer demand at the DMO’s July auction

The decline reflects a more cautious stance among market participants

IMF maintains cautious optimism amid persistent uncertainty

The 2025 forecast is 10bps lower than in April, while the 2026 estimate is unchanged.

Enhance cybersecurity to boost business – Deputy Commissioner to insurers

The awards ceremony, held annually, has grown in significance, bringing together top-tier professionals

South Africans moving money internationally have a simpler, more affordable option than their bank

Future Forex is redefining international money transfers in South Africa – combining substantial savings with a service experience that outshines that of the banks.

Africa unveils integrity principles, coordination platform to strengthen carbon markets

The announcements were made at a high-level continental dialogue convened in collaboration with the Government of Kenya and Afreximbank.

Big problem for South Africans who order takeaways

The rise of digital technology has made food delivery far easier, with ordering as easy as tapping a phone.

A modest y/y rise in external debt.

Based on standardized metrics

A sharp rise in domestic debt service cost

The marked q/q increase in debt service obligations reflects a recurring seasonal pattern

Dr Rufaro Nyakatawa Featured on the Unlocking Africa Podcast

She also explores how African governments and the private sector can support capital mobilisation and innovation to scale sustainable infrastructure solutions.

Kenya’s 12 highest-paid CEOs at the Nairobi Securities Exchange

Financial sector chiefs took home Kenya’s lion’s share of corporate pay.

Comment, Analysis & Research