Managers of Wealth Africa

UBS raises its gold price forecast to $1,800

The price of gold in rand rose as much as 1.6 percent to the highest since Bloomberg began tracking in 1971.

Poor wealth forecasts for South Africa due to COVID-19: SA Wealth Report

According to the report’s in-house prime property indices, South Africa’s residential property market performed poorly over the review period (2009 to 2019)

Managers of Wealth Appreciates Its Advertisers

We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth.

How we can all embrace philanthropy's true value in a crisis

Philanthropy effectively underscores the need for a sustained collective effort to overcome the scourge of the virus.

FNB Wealth and Investments donates trade revenues to the Solidarity Fund

The Solidarity Fund is an umbrella platform to enable all South Africans to contribute to the fight against Covid-19.

Keep moving and motivated with #cando

We’re creating a series of active and wellbeing videos, working with the fantastic TeamedUp and their Olympic and Paralympic athletes

Objectway offers Licence Free Period for WealthTech Suite

The rapid escalation of COVID-19 outbreak has forced us to test our business continuity plans

How Angolan Elites Built a Private Banking Network to Move Their Riches Into the European Union

The network sent at least $324 million through its banks, with most of the funds originating in Angola.

COVID-19 special: Spotlight on sectors

The Nikko AM team has provided a brief outline of some of the issues that we see across the major sectors.

How SA’s dollar-billionaires saw their fortunes decimated in 2020

It's been a rough ride for all of South Africa's dollar-billionaires this month, with Patrice Motsepe especially affected. Here are the grisly details.

Consider risk appetite before investment decision – Wealth manager at StanChart

The banker explained that this was why at Standard Chartered before a client signs up for any investment package, it is mandatory to first check the customer’s risk appetite.

Covid-19: South Africa’s Investec estimates up to 23% hit on profit

He also expects the situation to improve in the following few months.

6 trends driving investment into Africa

Africa has drawn high levels of interest from a diverse range of external partners in recent years

Old Mutual clocks a bruising 5 years

First was the complex three-year "managed separation" process, which ended in June 2018

How Bill Gates, Jack Ma And 11 Other Billionaires Are Reacting To The Coronavirus Pandemic

On Saturday, Airbnb CEO Brian Chesky announced on Twitter that the company will allow guests around the world to cancel and get their money refunded.

S.Africa's Sanlam FY earnings fall 19%, in line with expectations

Its net operational earnings - a new performance measure it introduced in the results, expanding on its previous measure of operating profit - grew by 14%.

Africa’s Billionaires: Richest People In Africa, 2020

South Africa is home to 8 billionaires in Africa

Additiv expands Middle East and North African presence with Qcentris

QCENTRIS will provide implementation and delivery services for new additiv customers

NSE halts trade of Barclays shares as lender becomes Absa

The bank announced Monday that it has received all requisite shareholder and regulatory approvals to change to the new name and brand.

Cape Town ranked SA’s second-richest city

The unemployment rate in the country also plays a major role in the levels of inequality, the IMF stipulates.

Wealth and Asset Management