Managers of Wealth Africa

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.

Mozambican Employers Satisfied With Maintenance of Measures

Abdullah was speaking during the act marking the launch of the festive season for the tourism sector.

IMF and Mozambique to Begin Discussions on New Financial Programme in January

The IMF estimates that, after the economic contraction of 2020, Mozambique will post growth of 2.2 percent this year, with inflation below 10 percent, after posting a 6.8 percent increase in November over the same period of the previous year.

Fitch Revises Outlook on South African Banks to Stable Following Sovereign Outlook Revision

Fitch has also affirmed the Viability Ratings (VRs), National Ratings and debt ratings, where assigned, of all the banks and BHCs.

Is there still value in South African equities?

The past 20-months have been unprecedented.

Nigeria’s total debt stock on the rise by FBNQuest Capital Research

FGN bonds and treasury bonds are the most important sources of domestic sovereign debt, constituting around 93% of the government’s domestic debt as at 9M’21.

Afreximbank Gets International-Scale Long Term Issuer Rating Of A-

In a statement issued yesterday, Afreximbank said this new rating also captures the Bank’s key strength in structured trade finance, demonstrating its ability to de-risk its lending portfolio.

Sub-Saharan Africa to grow by 3.8% in 2022, but outlook uncertain - IMF

With about 30mln people thrown into extreme poverty, the crisis has worsened inequality not only across income groups, but also across subnational geographic regions

Expanding African footprint is still part of our strategy, says CEO of CIB

A conversation with Hussein Abaza

People are moving on; be part of their normal

After two years of acute economic and social instability, it’s still too soon to say that the COVID-19 pandemic is behind us.

One family office's approach to conservation finance in Africa

Rupert’s family office has enabled her to expand the reach of her work in venture investing and to expand her capacity for philanthropic endeavours.

Over 42 million Nigerian rural adults lack banking services – World Bank experts

They made this disclosure on Thursday on the World Bank’s blog through an article titled ‘Agent banking helps close financial inclusion gaps in Nigeria’.

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