Managers of Wealth Africa

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.

Africa's Entrepreneurs - Strong but Struggling

There is very little information on informal MSMEs in Africa, and yet these constitute approximately 90% of the MSMEs on the continent.

GCB disbuses GH¢ 23 Million to 900 SMEs

The Yendi branch established in 1965 at the Yendi Market has been relocated to Nayilfong near SSNIT District Office in Yendi.

Grace Mugabe on R100m spending spree

There is no information about how she generated income to accommodate her purchases

Old Mutual says OM Asset Management offering priced at $14.25/shr

The public offering is expected to close on Dec. 19, said Old Mutual, which plans to continue to cut its stake in OMAM.

Old Mutual to cut stake in asset management arm via offering

OM Asset Management said it had agreed to repurchase 6 million ordinary shares from OM Group Ltd, a unit of Old Mutual.

Wealth and Asset Management