Managers of Wealth Africa

Gartner CFO Survey Reveals That 62% of CFOs Plan SG&A Cuts This Year Due to Coronavirus Related Disruptions

CFOs Should Follow Four Cost-Cutting Tactics

AfDB Lists $3bn Social Bond on LSE

Its dedicated Sustainable Bond Market (SBM) draws innovative issuers and improves access, flexibility and transparency for investors.

Africa could lose 20 mln jobs due to pandemic - AU study

Under what the AU researchers deemed their realistic scenario, Africa's economy will shrink 0.8%, while the pessimistic scenario said there would be a 1.1% dip.

KPMG Highlights Risks Facing Businesses in Nigeria

Risk Consulting Partner, KPMG, Tomi Adepoju, explained that, “31 risks were assessed by C-suite officers; five of which were rated high, 25 as medium and one as low.

Kenya's retirement benefits eroded by coronavirus

The report shows that efforts to encourage pension and fund managers to invest in new asset classes are not bearing fruit as most schemes continue to prefer traditional asset classes.

DSE facing tough times as foreign investors stay away

Chief executive of the DSE Moreni Marwa said that in a market where capital appreciation is less certain, income becomes more important.

Treasury Consolidated Bank stake hits 93pc

“We can now lend more and we are also meeting all the capital ratios except one. We are considering balance sheet reengineering and also continue search for a strategic investor.”

Renewed investor appetite for exchange traded funds

The NSE continues to encourage investors to take advantage of this buyers’ market

South Africa's Financial Competitiveness

The South African banking sector has evolved quickly to meet the challenges of digitisation and is characterised by well-regulated, highly capitalised, liquid and profitable financial institutions, supported by a robust regulatory and financial infrastruc

#BlockchainAfrica: 10 African women to watch in blockchain and Bitcoin

Paxful highlights 10 women in Africa who are making waves in the rapidly growing blockchain and Bitcoin industries.

South Africa looks to structural reforms as it loses its last investment-grade credit rating

n its release, Moody’s cited structurally weak growth, limited capacity to stimulate the economy and an “inexorable rise” in government debt over the medium term as key reasons for the downgrade and maintenance of its “negative&

The African billionaire who wants COVID-19 to bounce off business

In South Africa, money and Oppenheimer are synonymous.

Kenyattas, key bank CEOs top in Sh1bn dividend payouts

As a result, Dr Mwangi, who owns a five percent stake in Equity, will cement his position as the biggest individual dividend earner with a payout of Sh471.7 million.

KRA records rare drop in tax collection to Sh216bn

Both imports as well as domestic consumption have slowed down as a result of the impact of the virus, hitting taxes.

Public debt now hits new high of Sh6.3trn

Latest available figure for external debt is $30.66 billion or Sh3.27 trillion with the local unit at 106.7 to the dollar – one of the lowest rates this week.

Top Nigerian Banks Intensify Safety Measures Against COVID-19

As part of the precautionary measures, Union Bank in a tweet stated that although their branches will remain open and operate its normal hours, all bank staff will wear protective gears mask and gloves.

SA Private Equity continues to outperform listed market

According to the report, the 10-year and three-year ZAR IRRs declined from 9.9 per cent and 7.9 per cent in Q2 2019 to 9.6 per cent and 7.5 per cent in Q3 2019, respectively. The

Challenging times ahead for Africa’s banking sector

Now with the threat of coronavirus to the global economy, those conditions have become only more difficult.

Central Bank of Kenya slashes GDP growth by half

This is expected to hit the economy really hard, with the Central Bank of Kenya halving its year 2020 economic growth projection to 3.4 percent from 6.2.

The Future of Work at Home

Since the coronavirus struck, millions are suddenly having to work from home. Here are a few tips from someone who’s been doing it, happily, for 20 years.

Comment, Analysis & Research