02/11/2015

Affluent Africa drives demand for property

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

02/06/2015

Citadel and Cannon agree to consolidate equity teams

WEALTH management company Citadel is consolidating its equity teams with that of Cannon Asset Managers as part of JSE-listed Peregrine group’s plans of creating synergies and optimising its wealth offering.

01/27/2015

UK bank holds on to Africa future

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.

01/26/2015

Deutsche Bank dumps SA clients

South African retail clients of Deutsche Bank in Germany could incur significant capital gains tax because the bank is no longer accepting investments from any customer living here.