Managers of Wealth Africa

Coronavirus is stifling South Africa's economy, but are businesses ready to reopen?

More recently, 46 people at factories owned by fishing company I&J tested positive for Covid-19, Netwerk24 reported.

South African Rand: 50% Unemployment Now Possible says Investec as they Slash GDP Forecasts for 2020, Citing Harsh Lockdown

Half of the population could be out of work by end-2020

A career redefined by African Bank’s collapse

Fund manager Sam Houlie has changed his approach to value investing.

African banks confident on growth of cashless payments

Banks in Africa and Middle East are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos, a banking software company.

Stock market wipes out Kenyan pensioners’ $350m in just three months

Nobody knows how long this Covid-19 situation is going to last because it is an unusual situation.

BNP Paribas sees below-target SA inflation paving way for lower rates

The bank sees inflation breaching the lower bound of the Reserve Bank’s target range and potentially staying there until the second quarter of 2021

Coronavirus impact: Major crisis awaits banking sector – PwC

The report says the most vulnerable sectors will, hence, be trade and commerce, hospitality and leisure, construction, oil and gas, education, transport and storage, and financial and insurance activities.

The economic resilience of African countries offers a template for growth in a post-Covid-19 era

Over the past decade, Africa has been one of the fastest-growing regions in the world.

Managers see opportunity in emerging markets amid pandemic

Emerging markets are set to contract by 1% in 2020 before rebounding 6.6% next year, according to IMF projections published in April.

Financial relief: Make sure you understand all the pros and cons

It’s always safer to work through an accredited financial services provider.

Free self-care tips that can help you manage stress during the coronavirus pandemic

Connecting with others even online with a video chat or on the phone.

Business confidence plunges to all-time low as coronavirus upends economy

The index, compiled by the SA Chamber of Commerce and Industry's index, slumped to 77.8 in April from 89.9 in March.

South Africa working on rand-denominated sukuk issue

The government may also consider issuing a second sovereign U.S. dollar sukuk in the long term.

MEASA private wealth opportunities during uncertain times

The DIFC has become one of the largest wealth centres between Europe and Singapore, with over $420B of Assets managed.

Unpaid Pension Benefits: The billions that could help millions face Covid-19 fallout

South Africans are not dependent on state pensions alone

From Chaos to Catalyst by Paul Roehrig

Surf the pandemic shockwaves to keep your business relevant.

Access Bank drives Nigeria’s sustainability efforts with corporate green bonds

From issuing Africa’s first corporate green bond to empowering entrepreneurs in the local community, Access Bank is leading the charge for sustainability in Nigeria’s banking sector

How Kenya’s pension funds can help rebuild economy

As patriotic Kenyans and corporate citizens, the overriding objective must be to help our country overcome this crisis and build back better, even as we protect and seek concessions for our own industries and businesses.

African leaders laud African Development Bank President for visionary leadership amid COVID crisis

President Ramaphosa expressed appreciation for the Bank’s commitment of $26 million for the African Centers for Disease Control and Prevention

Big capitalism going into overdrive in South Africa

To appreciate the extent of how things are turning for the worst, it is important to understand the workings of the capitalist system.

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