Managers of Wealth Africa

Top 10 Africa’s Richest People Who Have Insane Wealth

Here is the list of top 10 Africa’s richest people

Kenyans begin to spend as economy opens up

Reflecting this increased caution, 91 per cent of Kenyan respondents said that the economic impact of Covid-19 has made them more likely to track their spending.

The Pros and Cons of the Currency Change

Even allowing for currency within banks and in vault, the newly printed money is significantly greater than currency outside banks, i.e. 110 billion Birr.

South Africa’s ‘model’ is broken – here’s how to fix it: PwC

In its current model, PwC said that the government has taken control of key assets and redistributed from pockets of wealth in a divided economy.

Trust at the core of new world of banking

While the increasing pace of digitisation has been coming for decades, the COVID 19 pandemic unleashed changes that seemed unthinkable just a few months ago and compelled us to make rapid change, even faster than what any organisation could imagine.

Banks stepping up to ease pain of lockdown

Banks must balance supporting clients and ensuring financial stability

Why Africa needs a new financial system

Several African countries are hoping for debt relief as the coronavirus batters their economies. But, perhaps, they first need to build an African financial system with the help of the African diaspora.

Traditional banks need to quickly build a new digital core based on open and distributed technologies

In this environment, traditional bank services from deposits and loans to remittances are quickly evolving to include payment and investment services.

Top tips for effective remote meetings

The anticipated shift is not limited to the balance of roles, but will also impact how salespeople across various roles interact with advisors.

Why Capitec is hiring right now

Fourie said that Capitec is also on the lookout for employees who have the requisite digital skills.

Emerging technologies can change the African financial landscape

The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.

South Africa banks on locals to boost tourism

Last year, it welcomed over 10 million international visitors.

SA’s listed firms are hungry for cash

Shareholders are handy things to have when times are tough — and JSE companies are turning to them in large numbers.

Nigeria is still struggling at 60. But hope is still alive

With mass unemployment and overstretching of inadequate and poorly maintained infrastructure, many Nigerians have had to seek their fortunes abroad.

The rise of the millennial female African investor

Women are not a homogenous group as we all have our unique circumstances, but the need to secure financial independence and stability is a universal common denominator.

Lessons in preserving wealth for Kenya’s future generation

Today’s article is a mesh between reason three and reflections on the Standard Bank’s report; Africa Wealth Report 2020.

4 big changes Capitec customers can expect in the next few months

Singling out the new Easy Equities partnership, Fourie said that Capitec hopes to launch this functionality by mid-October.

South African Inflation Slows For First Time in Three Months

The monetary policy committee kept its key rate at 3.5% earlier this month after 300 basis points of easing and said inflation will remain close to the 4.5% mid point of its target range in 2021 and 2022.

How declining interest rates, others drive a shift in Nigeria’s investment sector

It has been noted that the declining rates of interest have forced savers to turn to mutual funds.

Insurance industry shows resilience amid Covid-19

It said the top five companies that realised the growth were Santam, Hollard, Old Mutual Insure, Guardrisk and Renasa.

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