Managers of Wealth Africa

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.

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.

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.

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.

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

Major shift for South Africa’s most exclusive bank

The firm’s new offering will include person-to-business and business-to-person payment services.

Banking and advice integration attracts high-income clients for Standard Bank Private

Standard Bank’s consumer research show that over and above personalized banking service, private banking clients are turning to their bankers for advice

Even wealthy South Africans are living paycheque to paycheque

This means that nearly half of their clients who earn a salary are left either in overdraft or with less than R1,000 in their account by the time payday arrives.

How rich South Africans are protecting their money

This global mobility allows them to protect their assets in stronger currencies and ensure access to international markets.

Northern Trust AM to Grow Fixed Income in EMEA

As a result, in April this year Northern Trust Asset Management announced that Christian Roth has been hired as chief investment officer of global fixed income.

Dark clouds for remote workers and offshore investors in South Africa

South Africa is no exception, having introduced a remote work visa in May this year.

Old Mutual Bank to launch in 2025, hopes for profitability after two years

The insurer has a transactional account with about 500,000 users, says CEO

The 6 men who earned R266 million a day in 2024

Rupert’s net worth of $10.3 billion (R179 billion) is thanks to his wide array of investments.

Where the super rich are investing their money

Real estate was king for 15 years because many members created their wealth in the real estate arena.

South Africa’s millionaire banking bosses – raking in R635 million a year

Its headline earnings per share also increased by 22.7% in rand terms to 72.9 pence (R17.16), and the group upped its total dividend by roughly 28.07% to 34.5 pence (R8.12) per share.

FNB reinvents private banking: A holistic approach to wealth management

New approach integrates personalised advisory teams, digital tools, and family-centric planning

Deloitte Private’s latest report in its Family Office Insights Series

The family office arena has been growing rapidly

GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running

The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.

Investec Wealth & Investment International launches its ESG and responsible investing Guidebook

ESG is a rapidly evolving area and embarking on the journey can be daunting.

The impact of the UK's changing non-dom landscape on wealthy Africans

A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax.

Wealth and Asset Management