Managers of Wealth Africa

COVID-19: key questions for employers

Carla Benest (Partner, Jersey) and Rachel Guthrie (Senior Associate, Guernsey)

Coronavirus disease (COVID-19) advice for the public

Most people who become infected experience mild illness and recover, but it can be more severe for others.

7 Ways to Avoid Germs on a Plane

A face mask likely won't ward off coronavirus and flu germs—but hand sanitizer might.

Fiscal Policies to Protect People During the Coronavirus Outbreak

This blog is part of a special series on the response to the coronavirus.

Coronavirus and contracts: Understanding rights, obligations, and protections

While some contracts contain a simple boilerplate force majeure provision, others may be tailored to the specific needs and geographic issues of the parties and provide detailed consequences that follow from invoking the provision.

Shilling hit on CBK’s Sh40 billion dollar buy plan

The CBK announcement saw the shilling weaken by Sh1 a day or the biggest margin in a single session of trading against the dollar since August 2015.

BlockchainAfrica: Building an inclusive, transparent digital African economy

While blockchain might not be a one-size-fits-all solution, it does provide foundational technology that promotes trust, transparency and stability.

Tourism tops key sectors in bad debt rise

Trade sector remained the highest contributor of bad loans for the banking industry, with the sector holding Sh89.4 billion in such debt on recording a two percent growth in the period.

Women-led businesses in Kenya have bigger investment impact

The women businesses in Kenya also have an edge in innovation due to more engagements with customers to establish their special needs.

How PwC helped 'first daughter' dodge taxes, shift profits out of Angola

Her father’s government had already endorsed the venture by granting her company a 10-year income tax holiday.

Jersey’s Commitment to Africa Highlighted Through New Publication

Jersey’s evolving political, commercial and cultural ties with the African continent were highlighted through the launch of a new publication at an event in London this week.

Why prescribed assets could prove disastrous

A study conducted by the World Bank in 1994, titled Developing a Domestic Funding Strategy for South Africa’s Public Sector, covered the experience of several countries that instituted a policy prescribed assets when it was popular in the 1960s and

BEE through Sovereign Wealth Fund would be more equitable

From an outsider’s point of view the deal is very risky, given South Sudan’s history, but sources indicate that that the upside could be huge.

Investing: Why Stanlib is raking in the money

The gain in assets shows that Stanlib is reclaiming its spot in the league that makes the cut of the IPE Magazine’s annual asset managers ranking.

Moody’s faults Kenya’s debt management

The implication is that Moody’s is unconvinced the government will be able to follow through its medium-term debt management strategy 2019 that has outlined a shift from expensive commercial loans to concessional borrowing on the external front.

Duff & Phelps releases Global Regulatory Outlook

Every year, Duff & Phelps surveys key stakeholders from a wide range of global financial institutions on the current regulatory landscape.

KPMG South Africa CEO on the state of the audit profession

The firm lost a steady stream of business in the wake of the scandal, but has since changed its leadership and a number of other operational features to minimise risk of similar issues in the future.

Mboweni’s Budget unlikely to stop SA’s march to junk, say economists

Labour costs make up 35% of spending and trade unions have ruled out a review of an existing three-year wage agreement that expires in 2021, saying they won’t accept pay cuts in the next deal.

Why another Eurobond will be a mistake

The global financial market is currently in the low interest rates regime, availability of cheap money, with advanced economies are offering record low rates.

Could the Sahara turn Africa into a solar superpower?

If all the sunshine hitting the Sahara was converted into energy, enough electricity would be produced to power Europe 7,000 times over.

Comment, Analysis & Research