Managers of Wealth Africa

A moderation in inflation expectations

The decision to peg 2024 as the new base year was significant, as it was a period characterised by significant price pressures due to a combination of factors.

Four new banks coming to South Africa

These banks offer customers retail, corporate, and investment banking services and earn billions in profits yearly.

The woman who ran one of South Africa’s largest banks and joined its biggest competitor

With her accounting and law background, she believed it was the perfect job for her. Although there was a steep learning curve, she learned a lot about banking.

IWD: UBA Amplifies Women’s Leadership, Financial Independence

At UBA, we continue to champion diversity and inclusion.

M/m decrease in gross official reserves

This marks the second consecutive monthly decline after the reserves peaked at USD40.9bn in Dec '24

Experts Highlight Importance of Research for Economic Growth

The Exchange featured discussions on research commercialization, collaboration, technology adoption, IP Management, funding opportunities and intersections.

The one thing Godongwana desperately needs to deliver

They want fiscal certainty, and ultimately, they want an environment that is conducive to growth.

Ghana’s economy estimated at GH¢1.17trn in 2024 – GSS

Meanwhile, the Ghanaian economy grew at a rate 5.7% in 2024, higher than the revised 3.1% growth rate in 2023.

Gender in Focus: how my African Development Bank journey brings Africa Gender Index statistics to life

AfDB Manager Nathalie Gahunga says her work took her to Bank programs that bring the Bank’s Africa Gender Index Analytica Report to life. Watch one of those stories.

Big trouble for South Africans earning more than R400,000 a year

Concerningly, Debtbusters quarterly report for Q4 2024 showed that those earning more than R35,000 a month or R420,000 a year are heavily in debt.

Nigeria’s 2025 budget also has major flaws …

And won’t ease its economic burden – fund allocation doesn’t reflect its key priorities, which include ensuring macroeconomic stability and reducing poverty.

South Africa dodges recession

For the whole calendar year, the finance industry was a notable bright spark, pushing GDP growth higher by 0.8 of a percentage point.

Exchange rate, petrol price moderation push PMI Index higher

PMI readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show deterioration.

Nigeria ready to adopt successful global models for growth, says Tinubu

He acknowledged Airtel’s role in fostering closer ties between Nigeria and India and expressed gratitude for the company’s confidence in the Nigerian economy.

Ranking Africa’s 10 Most Stable Countries in 2024

The analysis evaluated 48 countries using factors such as ethnic tensions, coup history, food security, and economic diversity.

Young innovators empowered through Absa and the Allan Gray Centre for Africa Entrepreneurship’s I Grew It campaign

The event brought together industry leaders, policymakers, and aspiring entrepreneurs to collaborate on dynamic solutions to promote youth entrepreneurship.

The Power of One Voice Summit

The evidence is stark - too many youngsters are falling through the net and feel that they don't matter - and with good reason.

The Power of One Voice Summit

The evidence is stark - too many youngsters are falling through the net and feel that they don't matter - and with good reason.

‘Alternative’ budget for South Africa with no tax hikes

Godongwana wanted to use the proceeds to plough more money into education and health

South Africa is out of money

This is the unfortunate reality of the situation. If the government does not somehow raise money to fund its planned spending, then the only alternative is to cut spending.

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