Managers of Wealth Africa

South African wealth firm aims to ‘disrupt’ UK advice market

South Africa is a well-established market, and it has a lot of positives from an investment perspective.

AfrAsia Bank third-quarter profit up by 57% to MUR 1.0bn

Loans and advances improved by MUR 14.6bn to reach MUR 38.2bn and the loan-to-deposit ratio increased to 19% from 14% in the same period.

4 reasons for South Africa’s shrinking private wealth

“In particular, a large number of South African billionaires have left the country over the past 10 to 20 years."

View from the Top: How Bank One sees Private Wealth in Africa shaping up in 2022

To explain more about Investor’s Circle, it started off as a biannual networking event aimed at bringing together private investors, institutions, asset managers and financial service providers.

Mauritius Leads the African Region as The Best Destination for HNWIs

The report also emphasizes on the various attributes of Mauritius which strengthen the positioning of the island economy as the fastest wealth growing market in the African continent.

When is enough enough?

Society encourages us to endlessly strive for ‘more’ – whether that’s money, recognition or to be seen as successful.

Wealthy South Africans are leaving in droves

Data shows approximately 4 500 HNWIs have left South Africa over the past decade.

Namibia Third Wealthiest in Africa Per Capita

"The delta in new wealth creation has been strongest in countries such as Mauritius and Rwanda."

EMEA Perspectives: From secular stagnation to stagflation?

Our sector preferences for energy and materials serve as a hedge to stagflationary forces

Bank accounts for South Africa’s wealthy – what they offer

The qualifying income for a prospective cardholder is no less than R2.5 million annually, which is equivalent to a monthly salary of just over R208,000.

FirstRand aims to redefine private banking by upskilling personnel

Institutions want their private bankers to incorporate the roles of bespoke financial advisers

Nedbank takes private wealth to north and coast

“We want someone in Walvis Bay, Swakopmund or Oshakati to have access to the same service and advice as our Windhoek-based clients."

Standard Chartered Launches Women Winning with Wealth Proposition

Aderugbo, noted that at this opportune moment in time, when people are exploring new opportunities, women are at the forefront of innovation and technology that continues to push frontiers once considered impossible.

A new hope for wealth and investment managers?

The greatest challenge to the industry to continue the current level of growth is most likely to be how to achieve scalable and cost-managed growth.

StanChart wealth unit’s income rises to Sh3.1bn

The unit ended 2021 with Sh131 billion in assets under management, representing a 2.1 percent growth from Sh129 billion in 2020.

South Africa's richest man Johann Rupert has lost over $1 billion due to Ukraine, Russia conflict

Escalating tensions between Russia and Ukraine have wiped $1 billion from the fortune of South Africa's richest man Johann Rupert.

The investor paradigm is shifting – what’s next?

In 2020 and 2021 alone we made huge investments in our digital and client-facing solutions to enhance features such as digital on-boarding.

Investec plans to double clients in four years, outpacing growth of SA economy

Investec says it will also focus on offering trade finance, working capital facilities and transactional banking to smaller companies.

Banker to rich South Africans plans to more than double its client base

“You operate in select markets and where we do, we have to be excellent because we are not the biggest.”

Credit Suisse quits wealth management in several African countries

The move comes in the wake of an adjustment to the group's strategy announced in November 2021.

Wealth and Asset Management