Managers of Wealth Africa

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.

700m Africans lack access to bank, mobile money accounts

This is why consumers have been turning to mobile banking in such numbers.

Betting on the banks in a time of coronavirus

The SARB has estimated that its two main regulatory interventions could lead to R540 billion in new lending from banks.

Your investments now and post Covid-19

Pressing questions around investments answered.

Stimulus package likely to stimulate corruption

By stimulus package is meant a coordinated effort to increase government spending and lower taxes and interest rates in order to stimulate an economy out of a recession or depression.

Beileh: Somalia is rising slowly out of a hole

We will prioritise the health of the people.

Ghana and quantitative easing: Thoughts of a non-economist

The reason QE has not been very successful in some developed countries is largely because their economies have in many cases reached peak production capacity

MEA Retail Banks are the Strongest Believers in a Cashless Society, Prioritizing Digitalization to Drive Financial Inclusion: Study

Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models

Video banking on the rise during Covid-19 pandemic

This chimes with figures from video banking vendor POPi/o, which tells American Banker that calls between its clients and their customers that result in transactions or service have more than tripled since the crisis hit.

Cloud computing to rescue 700m unbanked Africans – Report

Says regulators hold critical key to meeting target

The Eskom Pension and Provident Fund responds to cost claims

The EPPF strongly refutes the ‘flawed’ costs comparison compiled by Business Maverick in the response below, and Business Maverick replies to their statement.

Masondo: No 'pressure' for Reserve Bank to purchase govt bonds

The deputy minister also noted that the Reserve Bank had already taken steps to inject liquidity into the economy in response to the Covid-19 crisis, but suggested more could be done.

Nigerian billionaires lose billions amid COVID-19 pandemic

Nigerian billionaires recorded more losses than gains amid COVID-19 due to the volatility of the stock market occasioned by the killer disease.

Study shows consumers in Middle East & africa move to contactless payments for everyday purchases, seeking touch-free payment experiences

In a Mastercard global consumer study, seven in 10 in the Middle East & Africa say they use contactless payments

Comment, Analysis & Research