Managers of Wealth Africa

Chopping up Old Mutual gives ex-banker a new challenge

A year after joining to oversee Old Mutual's four-way split, Rob Leith is calling on his dealmaking, financial and people skills to get the job done

Old Mutual appoints Publicis Communications

Old Mutual has appointed Publicis Communications as its new lead agency across the African continent, including South Africa. The account will be serviced out of both Johannesburg and Cape Town by a team pulled together from various Publicis agencies.

CABS in $39,2m profit

As at December 31, 2016 the society’s prudential liquidity ratio at 38 percent, was higher than the regulatory minimum of 30 percent.

MCB Capital Markets advises SGG Group on the acquisition of Cim Global Business

The transaction is expected to complete in Q2 2017 and is subject to regulatory and shareholder approval.

Two Hundred Ghanaians join class of dollar millionaires in 2016

The wealth report provides a unique perspective on global investments trends and investment strategies of high net worth individuals around the world.

Old Mutual Heath Streak Cricket Academy rebrands

The academy is being dissolved to pave the way for the formation of a trust and nominate a face of a force nationally and internationally to be reckoned with.

Split could cost Old Mutual £230m

The benefits to shareholders may be more than £2bn, while the group says it is on track to meet deadline of end-2018

Kenya's Super Rich Bet Big On Real Estate

Kenyan HNWIs clearly realise the long-term stability that property investments offer

Old Mutual profit up 1 pct, names new chairman for emerging markets business

Regulatory change has made it too complex to run the disparate group

South Africa's Nedbank posts slowest FY profit growth since 2009

Headline EPS is the main measure of profit in South Africa as it strips out certain one-off items.

Increasing liquidity in Sub-Saharan Africa hotel real estate market

The sale of the Movenpick Ambassador in Accra is a landmark transaction in terms of the quality of the asset and the selling price achieved.

Old Mutual said to receive approaches for asset management stake

The company plans to separate into Old Mutual Emerging Markets, Old Mutual Wealth, Nedbank Group and OM Asset Management.

Sanlam launches instant insurance app

Insurance app was built on observations of how the digital era has transformed the way consumers buy products

The World's last wealth management frontier?

There is no clear definition of what constitutes a middle class, and so getting a handle on exact numbers is tricky.

We don’t manage money in response to headlines

Investment process and philosophy at the heart of long-term results – Nedbank Private Wealth.

Old Mutual Global Investors launches positive skew managed futures strategy

OMGI currently manages over USD8.7 billion in the liquid alternatives space.

Mauritius best platform for investment prospects

Mauritius recent issue of a Global Legal Advisory Services licence allows international law firms which establish their regional offices and operations in Mauritius to benefit from a five-year tax holiday.

Kenya: Mombasa Billionaire TSS Dies in South African Hospital

He said his father had succumbed to a recurring infection.

5 things you need to know about South Africa’s super-rich

This was closely followed by Family-owned business or startup company’s which made up 32% of earnings.

The Biggest Billionaire Gainers In Africa In 2016

Since then, his net worth has dropped $4.2 billion, due to the devaluation of the Nigerian Naira and the country's struggling oil sector.

Wealth and Asset Management