Managers of Wealth Africa

BNP Paribas says South African economic outlook remains dire

The economy contracted by a massive 7 percent in 2020 albeit starting to show signs of a rebound in the last three months of 2020 when restrictions were lifted.

Digital currency firms fleeing South Africa: report

The South African Reserve Bank, on its part, has expressed its plan to formulate regulations but has yet to move ahead.

Billionaire to build ‘the Lanseria airport of Cape Town’

The airfield was transferred to the local municipality in the sixties and was sold to a private owner in 1993.

This year’s International Women's Day isn’t for paying lip service to gender equity

Yet, on this day, International Women’s Day, progress is clearly at risk.

International Women's Day Summit 2021: Amplifying Her Voice

Global investment into women led companies has reached an all-time low during 2020.

Coronavirus pandemic spawns Nigeria banking agent boom

While people can visit banks again, social distancing rules make it a time-consuming business and the local mobile money kiosks are more easily accessible.

The digital future is coming at us faster than ever before

Digitalization can transform economies and lives.

How to transfer your retirement fund out of South Africa in 2021 and beyond

Now, the government needs another way to determine whether a person has emigrated before they’re granted access to their retirement funds.

More FDIs forecast for Africa in 2021

Just last month, the CDC Group, the UK’s impact investor and development finance institution, announced a commitment to invest over $1 billion in African businesses by the end of 2021.

Kenya: 912 Wiped Out From the List of Dollar Millionaires in 2020 - Report

"Perhaps size and model predict that in the next five years Kenya's HNWI population will bounce back by 46 percent," said Shirley.

Investors are failing African entrepreneurs — it’s time for a change

The energy sector will be critical for Africa’s post-COVID economic recovery and will be one of the most attractive investment sectors in 2021.

Kenya’s debt bigger than reported

Taxpayers are already paying commitment fees accruing from these undisbursed loans, which is whispered to be totalling Sh2 billion.

Two faces of Covid-19 impact

Measuring the pandemic’s impact on social values, emotions and priorities in 24 countries

Study shows surprising increase in wealth in South Africa

The increase in household net wealth was even more spectacular when measured in nominal terms (current prices).

The growth culture attributes for companies at the top of their game

Another attribute of companies with a growth culture is that they have a strong mentoring and coaching programme.

NSE joins global push for more women on boards

The firm that runs the Nairobi bourse will seek to increase its female directors to five from the current three on its 11-member board over the next year.

Treasury, IMF differ on economic growth status

CS Yatani said the revision also took into account updated figures from the World Economic Outlook by the IMF in January.

CBN’s fight against inflation failing, say economic experts

They said this was the highest level since April 2017, when the rate was 17.24 per cent.

What will follow one of the strangest years for financial markets?

‘I think it’s a very good time to focus on growth assets as opposed to more defensive-type assets’: Adriaan Pask, PSG Wealth.

Analysts Foresee 8% Loan Growth for Banks in 2021

The firm pointed out that at the onset of the pandemic and the subsequent impact on the macro economic environment resulted in minimal loan growth for the banks.

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