Managers of Wealth Africa

Bank of China targets Africa with Mauritius banking licence

Bank of Mauritius Governor Ramesh Basant Roi told reporters on Friday the bank was expected to start operations in the next few months but did not give a date.

NEWS ANALYSIS: No sacred cows as Old Mutual splits structure

This reflects how financial services have changed since 1999, when Old Mutual demutualised, moving its head office to London and locating its primary listing there.

Old Mutual to cut share in Nedbank to minority

Johnson said the exact mechanism to achieve any reduction in Old Mutual’s shareholding in Nedbank Group was yet to be finally determined.

Old Mutual not selling Nedbank stake to strategic investor

Old Mutual does not intend to sell its share in Nedbank to a new strategic investor.

Mauritius global business sector: a new beginning

Graham Sheward, in an opinion article published in Business Year Book says “Mauritius remains a jurisdiction of choice to assist multinationals in establishing their pan-African operational, administrative and financial headquarters

Swiss Private Bank may be interested in assets in Barclays' Africa sale

Owned by Abu Dhabi sovereign wealth fund International Petroleum Investment Company and has around $18 billion in assets under management.

Capgemini Brings the Power of Salesforce Financial Services Cloud to Wealth Management Clients Worldwide

New cloud-based Financial Services offering provides fully integrated capabilities for improving wealth manager productivity and firm-wide agility

Africa’s ultra rich more likely to own a private jet

The decade of research for the report found that the world of the wealthy is changing.

Nairobi Darling of Top Investors - Report

Nairobi scored 2.9 per cent growth in appeal ahead of Lagos which lost 20 per cent in attractiveness to high net-worth individuals.

South Africa-UK Wealth Management Giant Old Mutual Plans $12.8B Split-Up

It has a market value of £8.8bn as of Friday’s close.

Old Mutual split could trigger Nedbank sale

Earlier this week, global banking group Barclays announced that it will be selling down its stake in Barclays Africa Group Limited – trading as Absa in South Africa.

Zimbabwe-style exodus of the rich from SA

Some 950 dollar millionaires left South Africa last year, up from 600 in 2014

Access Bank Wins Outstanding Banking Initiative With ‘W’ Project

Access Bank’s flagship women empowerment programme, “W” Initiative has been adjudged Outstanding Banking Initiative 2015 in the product and service category at the 3rd National Women in Finance Magazine Awards held in Accra.

Report draws chilling comparison between South Africa and Zimbabwe

Earlier we reported on the number of millionaires leaving South Africa, but the same report has highlighted some interesting and alarming similarities between Zimbabwe before it collapsed and SA right now.

These 6 South Africans lost R74 billion in 2015

The past 12 months have been tough on South Africa’s wealthiest people.

Stanbic unveils tobacco debit card

Stanbic marketing and corporate affairs manager, Palmer Mugavha said the new service does not require any minimum opening deposit.

There is a new category of super rich, and JPMorgan wants their money

There is a new jewel in JPMorgan's crown.

JAC Fine-tunes J5 Luxury Cars to Fit Nigerian Environment

A test drive of three of these vehicles, the JAC J5 cars 1.5 litre and 1.8 litre were put to the test last Saturday through the streets of Lagos to feel their strength.

Interview with MD of Cim Group

Interview of our Managing Director, Graham Sheward in AI publication (UK)

Gary Player named host of Nedbank Golf Challenge

Only Jack Nicklaus and Tiger Woods have since matched the feat.

Wealth and Asset Management