Managers of Wealth Africa

Report: Africa Recorded $5bn Capital Flight in Q1 2020

The President of the Afreximbank, Professor Benedict Oramah, attributed the capital flight to the tightening of global financial conditions.

How innovation is pushing Nigeria’s financial inclusion drive [Opinion]

If the traditional banks could achieve this alone, we will have a rather insignificant exclusion percentage by now.

Is Africa heading for a crisis?

The G20’s debt service suspension initiative missed a trick when it excluded Chinese and private creditors.

CFOs in Global Survey Reveal Pandemic Has Fundamentally Altered How They Hire and Manage Their Workforce

Sixty-five percent of Asia-Pacific respondents indicated that they expect to exceed goals and expectations for 2021, compared to 46% for UK and 47% for North America

7% growth in global reinsurance capital, with signs of underlying combined ratio improvement: Willis Re

Willis Re’s Reinsurance Market Report tracks the capital and profitability of the global reinsurance industry.

South African and Kenyan banks may beat Nigeria to post-Covid recovery

African banks that have raised their loan-loss provisions to reflect the impact of Covid-19 may be best placed for a quick recovery once the worst of the pandemic is over, analysts say.

Highest paid Nigerian bank MD/CEOs of 2020

Bank MD/CEOs in Nigeria earned a combined N1.5 trillion in salaries in 2020.

Richest Black Women in the World 2021

Despite these barriers to wealth, these women have gone on to achieve enormous wealth.

Financial emigration the cleanest route out of South Africa: tax expert

The exchange control process created an additional set of administrative challenges with financial institutions

Strengthening resilience is the key to success in 2021, says PwC's Global Crisis Survey

According to survey respondents, for 2021, the outlook is positive: In PwC's 24th Annual Global CEO Survey, published earlier this month, a record-high 76 percent of CEOs believe global economic growth will improve in 2021.

More South Africans are moving to the UK for work

The findings indicate a broad reshaping of the UK workforce that could have implications for the potential of an economic recovery.

COVID-19 shakes up the emerging consumer landscape while the vaccine news boosts optimism

Almost a fifth of them reported income declines of over 20%.

Key African Central Banks Aren’t Rushing to Raise Interest Rates

However, the risks to the recovery of most economies in the region after the worst slump in half a century last year, remain elevated.

2021 predictions: realising the value of payments transformation

A 2019 survey by Aite Group found that only 18% of banks were moving from a transaction-based revenue model to a data-based approach.

What 23,000 South African investors can teach us about behavioural bias

“Volatility refers to those times when the market is very uncertain and the value of investments tend to go up and down,”

More South Africans are leaving for Canada

Despite the global pandemic, the government of Canada is on track to meet this target, he said.

Survival of the Fittest, a business perspective – COVID-19

Sonya Mohadeb, Director at C&S Secretarial, explains how good corporate governance, compliance and financial status will ensure your survival as a business whilst sailing through the COVID-19 storm.

Why NPLs Will Increase For Nigerian, EMEA Banks In 2021

“We view the risk of asset quality deterioration as most significant in Nigeria and also material in Turkey, Georgia, Hungary, South Africa, the UAE and Qatar.

How next generation financial services platforms are driving global financial inclusion

The global health crisis and national lockdowns have illustrated this point – and revealed that when informal cash out services became less accessible to communities

South Africa’s banks are ‘too big to fail’ – but government is drawing up a plan in case they do

Momoniat said that that governments typically do whatever they can to avoid this outcome, including bailouts.

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