Managers of Wealth Africa

Startups: go local first, or head offshore? [Opinion]

On the one hand, South Africa still has great infrastructure and offers the potential to be one of the highest growth markets in the world.

President’s Remarks at the 5th Annual Meeting of the Africa Economic Zones Organization (AEZO) December 3, 2020

The African Development Bank has been very responsive in supporting countries to address the pandemic in Africa

Private companies growth slowest in five months

“Reintroduced curfew measures meanwhile led to a drop in client demand at some businesses, while lockdowns in Europe curtailed growth in foreign new orders.”

Survey Shows Acceleration of Sustainable Investing

The survey gathered insights from 425 investors in 27 countries

In Post Pandemic, Business that will stand out and survive are those that are able to innovate at speed of thought – CEO Okonkwo

Its current CEO Nnamdi Okonkwo, who has occupied his role since 2014, will be handing over the reins to Nneka Onyeali-Ikpe, who will join a short but illustrious list of women at the top of African banks.

Banks worried about another lockdown in South Africa

For Standard Bank Group Ltd., the continent’s largest bank, the rollout of vaccines could take time and the risk of “pandemic fatigue” may cause safety lapses during the holidays.

Charts Showing Ghana’s Banks Are Rebounding Slower Than Economy

Annual credit expansion slowed to 13.7% in October, the lowest since January 2019.

Fitch Ratings Sees Gradual Recovery for African Banks in 2021

Such flexibility will not be afforded to consumer and SME loans and these segments will drive higher impaired loans over the longer term.

Financial services brands foster a community spirit to drive innovation (By Nikolai Stankau)

Open source enables organizations to innovate faster and offers a level of flexibility and agility that would have been difficult to achieve if they were solely reliant on proprietary software

How the Super-rich Will Be Spending Their Money as Wealth Trends Fluctuate

A recent report by New World Wealth anticipates a move away from commercial airlines and towards private jets.

SA banks have navigated the coronavirus crisis commendably thus far – Jeremy Gorven

Although impairments may remain high for some time, bank returns may begin to stabilise and improve amidst increasing activity, improved efficiency and an impairment peak.

South Africa downgrades leave banks losing war of attrition

South African banks, especially Capitec, are now too expensive, Hollingworth argues in analysis published on Smart Karma.

A green light for economies

No government can ignore the environment anymore. Instead, all their major decisions – from taxes to subsidies and more – will now have to have a global green economy at their heart.

Axis of inequality: how black women are kept at the bottom of the economy

A new Oxfam report reveals the huge income, race, class, education, gender and unemployment inequities black women face in this country.

Ghana's banking sector remains highly liquid – BoG Governor

This was attributed to the lower-than-projected inflows from FDIs and portfolio investments.

2020’s Ten Most Influential startups in Africa: Flutterwave

During the lockdown, Flutterwave helped launch Ubbercash and just yesterday, they announced the launch of their payment protection promise, a new policy that protects customers when shopping online and dealing with merchants on its payment platform.

Ghana recovering faster than expected, says governor Addison

Improved consumer and business confidence, and strong liquidity flows have helped to deliver a faster than expected recovery.

Nigeria’s richest plough money into Africa’s biggest economy

Home-grown entrepreneurs’ confidence contrasts with caution of overseas investors

The strength of African women can lift communities out of Covid crisis

The pandemic has disproportionately impacted women and girls living in fragile contexts with ripple effects on education, livelihoods and nutrition, among others.

Banking with tears in Nigeria

This is what Covid-19 and the inability or unwillingness of banks to respond appropriately has caused Nigerians.

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