Managers of Wealth Africa

The 10 richest people in Africa – and almost half are South African

Forbes’ list tracks the wealth of African billionaires who reside in Africa or have their primary business on the continent.

FirstBank targets high-net-worth individuals with new private banking service

This move comes as Ghana’s economy continues to recover from recent debt challenges, with a growing class of wealthy individuals seeking sophisticated financial services.

From Industry to Innovation: Africa’s 5 richest billionaires in 2025

These individuals exemplify the dynamic and diverse nature of Africa’s economic landscape, each contributing uniquely to the continent’s growth and global presence.

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.

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)”.

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.

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.

‘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.

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.

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.

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

How Omig is leading the way in DEI asset management industry

Omig’s journey underscores that transformation is a regulatory and business imperative.

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.

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.

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

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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.”

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.

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.

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.

Wealth and Asset Management