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Wealth and Asset Management

03/11/2025

RMB Nigeria Asset Management’s Money Market Fund Ranks Among Nigeria’s Top 10 Performing Funds

This achievement is driven by RMB Nigeria Asset Management’s strong research capabilities, strategic asset allocation, and active portfolio management.

02/19/2025

Old Mutual to introduce ‘low balance charge’ for all unit trusts

It notes that this charge will “increase with inflation on an annual basis and will be specified on each fund’s fact sheet or minimum disclosure document (MDD)”.

02/14/2025

The ‘easy access point’ to billionaire Johann Rupert’s South African bounty

Remgro is an investment holding company that is Chaired by South Africa’s richest man, Johann Rupert.

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.

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Global Banking & Finance Review Awards® 2026: Absa Bank Ghana Wins Multiple Honours

07-03-2026

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07-03-2026

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07-03-2026

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07-03-2026

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07-03-2026

The bank account scam that could land victims in jail in South Africa

07-06-2026

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07-03-2026

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07-03-2026

Financial platform for immigrants LemFi buys Wealth8

07-07-2026

New laws against invasion of private property in South Africa – with a R2 million fine or jail time for anyone inciting it

07-07-2026

MTN CEO Ralph Mupita lands a new job

07-07-2026

How to legally pay less tax in South Africa

07-07-2026

Afreximbank Brief Flags AfCFTA as Key to Africa Trade Resilience

07-07-2026

NAHCO Strengthens Board as Wolemi Esan, FirstBank Executive, Join as Non-Executive Directors

07-07-2026

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Standard Bank PMI Index: Business Activity Improved in June, But Recovery Remains “Fragile”

07-07-2026

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