02/11/2015
The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world and there are likely to be 38 billionaires o
02/09/2015
Banks based in Geneva, London, New York and the Channel Islands have long been the preferred service providers to Africa’s ultra-wealthy
02/08/2015
The number of South African dollar billionaires is shrinking, showing that amid trying economic times, even the super wealthy take a knock.
02/05/2015
State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.
02/02/2015
Nigerian billionaire and philanthropist Tony Elumelu emphasized the key priority for 2015 for Africa as “policy, policy, policy.”
01/27/2015
The African continent remained part of Standard Chartered’s consumer banking plans even as the lender reviewed its global branch network, the British bank that has operated in Africa for more than 150 years said yesterday.
01/18/2015
Three days ago, the Swiss National Bank slashed its official interest rate to -0.75 percent; that move, made in faraway Europe, has enormous repercussions for Africans seeking to hide funds there.
01/13/2015
The bank received an unsolicited, informal expression of interest for the division, said the people, who asked not to be identified because the details are private.