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Wealth and Asset Management

01/29/2025

Awesome news for take-home pay and 2025 salaries in South Africa

The average take-home pay increased by 11.9% year-on-year to reach R17 202 in December 2024, a significant leap from the R15,367 recorded in December 2023.

01/27/2025

‘5 year experience’ jobs in South Africa that will make you millionaire

This is fairly evident in Robert Walters’ data, where only eight jobs made the cut.

01/27/2025

Massive R106 billion payday for South Africa’s richest men

It shows that in total, the number of billionaires worldwide rose from 2,565 in 2023 to 2,769 in 2024, and their combined wealth increased from $13 trillion to $15 trillion.

01/21/2025

The salary you need to send your kids to the most expensive schools in South Africa

As of the end of 2024, over 2,325 independent schools were registered across South Africa.

01/20/2025

The richest people in South Africa at the start of 2025

South African-born Elon Musk kicks off 2025 as the richest person in the world

01/16/2025

How Omig is leading the way in DEI asset management industry

Omig’s journey underscores that transformation is a regulatory and business imperative.

01/09/2025

The one-day trip from Cape Town which costs R300,000 per person

The Greatest Day Experience is a popular option for people who want to experience Antarctica but do not want to stay there for a week.

01/08/2025

The man who will take over the R209 billion Rupert empire

Johan Rupert and Anton Rupert Jnr. hold 7,551,005 shares in Remgro through an associate company, representing 1.4% of the company’s issued share capital.

12/30/2024

The one government job that saw massive salary hikes this year – and 17 others

Topping the list are those working in provincial departments, where average earnings have jumped 22.3% to R34,801 per month

12/24/2024

Season's Greetings from Managers of Wealth

Thank you for your trust and support

12/17/2024

South African billionaire Patrice Motsepe’s TymeBank now worth R27 billion

“They do not have plans to organically grow into Southeast Asia,” said Jonker, and its investment “is really the bet that they are taking as Nubank in Southeast Asia and Africa.”

12/13/2024

This is the average salary in South Africa right now

Basic salaries and wages rose by 0.8% (R6.7 billion) in September 2024, reaching R878.2 billion.

12/10/2024

RMB Private Bank expands its offering with FNB Connect

Our aim is to simplify and streamline connectivity management, adapting it to the lifestyle preferences of our clients by offering flexibility.

12/06/2024

Wealth managers and financial advisers globally dial-up private markets allocations in response to shifting market dynamics

On average, most investor allocations to private markets are either 5%-10% or 1%-5% of portfolio exposures.

12/05/2024

Everest Wealth, Part 2: How risky are its investment offerings?

Cash flow concentration and reliance on small businesses may make Laudian’s portfolio riskier than Everest Wealth suggests.

11/28/2024

How many millionaires live in South Africa – with 82,000 more expected

Faced with these challenges, many affluent South Africans have opted to leave the country in search of greater stability and security abroad.

11/27/2024

The man who’s a hair away from becoming South Africa’s next dollar billionaire

Calisto controls 20,028,811 of the company’s shares, giving him a direct 64.81% stake in the company valued at about R15 billion.

11/26/2024

Business Talk – Glacier CEO Khanyi Nzukuma on how to improve your offshore investment portfolios

Nzukuma also explains the approach Glacier’s advisors take to increasing their clients’ portfolio values and driving superior outcomes.

11/25/2024

Lombard Odier wins two awards at the WealthBriefing MENA Awards 2024

This award recognises Lombard Odier as the leading international private bank with headquarters outside the MENA region.

11/13/2024

Nedbank Private Wealth named Best Private Bank in Africa

Our role is not just to manage wealth, but to be a trusted partner in helping clients grow, protect and pass on their wealth to future generations

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