06/26/2023
Millionaire South Africans are emigrating with their wealth to these countries
He added that the country attracts millionaires mainly from Asia and Africa but also from high-income countries such as the UK.
06/26/2023
He added that the country attracts millionaires mainly from Asia and Africa but also from high-income countries such as the UK.
06/20/2023
The asset management industry has reached a turning point, requiring leaders to rethink the way their organisations operate if they want to return to the profit growth of years past.
05/26/2023
For HNWIs in South Africa, the total number dropped by 7,479 individuals from 36,228 in 2021 to 28,749 in 2022 – a 20.8% decline.
05/24/2023
For the Reserve Bank and its global counterparts, hiking rates further would be a dangerous move.
04/28/2023
While South Africa tops the list of countries with 37,800 millionaires, Egypt ranks second in the country rankings
04/27/2023
Bulk buyers also sought a buffer of dollars following a shortage of the US currency
04/04/2023
RMB Private Bank won two awards for the Best Bank for Ultra High Net Worth Individuals and Best bank for ESG Investing in South Africa.
03/31/2023
This year, amid strong competition, the judges agree that Standard Bank Wealth and Investment is the institution that has best demonstrated its distinction and regional leadership in Africa
03/31/2023
South African clients will be served from Zurich, Switzerland.
03/29/2023
Egypt accounts for the most billionaires, says Africa Wealth Report
03/29/2023
The report showed that being a continent with a fast-growing and young population, Africa holds a lot of potential for investment.
03/22/2023
They said that Brits, Europeans and South Africans see the island as a ‘safe haven’ and are buying property for investment and lifestyle reasons.
03/20/2023
Nicolas Syz, head of private banking at the group founded by his father in 1996, says Africa has turned out to be its fastest-growing market
03/15/2023
To cater to this demand, HSBC Global Private Banking formed a coverage team in the city-state in 2022 to work with existing colleagues in the Middle East where it has a significant existing presence.
03/14/2023
This includes South African nationals returning home, and clients from further afield such as Europe, the United States and Canada.
03/06/2023
Iron Wealth will focus on providing wealth management and investment advisory services to Africa-based HNIs, family offices and businesses.
02/23/2023
The winners are those institutions whose qualities rate highly with high-net-worth individuals choosing a wealth management provider.
02/14/2023
The wealth managers’ view corroborates multiple reports including Knight Frank, Forbes, Wealth X and Oxfam that have shown a burgeoning class of the rich in Kenya.
01/19/2023
Of the 1,890 individuals, 130 have a net worth of over Sh6.2 billion ($50 million) and a combined wealth of Sh2.3 trillion ($18.7 billion).
01/17/2023
The deposits surge parallel with a decline in hard currency deposits held by commercial banks and the country’s official reserves, at a time the market faced issues of dollar availability in the market.