Managers of Wealth Africa

The Swiss bank accounts of SA's rich and famous

Scramble to explain wealth as HSBC leak reveals hidden hundreds of millions

Defending the stinking rich

FirstRand chairman Laurie Dippenaar warns against trying to lambast the rich, and that their contribution to the world is much more than only their wealth

HSBC threatens S/African weekly over leaked banking details

Banking giant HSBC reportedly threatened Sunday Times over an article published by the South African weekly last week that showed that wealthy locals held more than R23 billion (about US$2 million) in secret Swiss bank accounts

JTC extends global reach with Mauritius licence

As a result of its geographic location close to Africa, time zone and extensive range of double tax agreements, Mauritius has become a desirable location from which to do international business particularly into Africa and India.

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

Wealth Managers Target African Millionaires

Banks based in Geneva, London, New York and the Channel Islands have long been the preferred service providers to Africa’s ultra-wealthy

Morocco's SNI hires Goldman, Rothschild to sell bank stake-Jeune Afrique magazine

SNI could sell at least 19 percent of one of Morocco and Africa's biggest banks for an estimated 900 million euros ($1 billion)

South Africa’s richest people in 2015

The number of South African dollar billionaires is shrinking, showing that amid trying economic times, even the super wealthy take a knock.

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.

Investec Asset Management Extends Relationship with State Street

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.

Why Zanzibar Can Be Africa’s Dubai

Zanzibar may just be one of the oldest regions in Africa with respect to human habitation

African billionaires join together to launch African Energy Group

Nigerian billionaire and philanthropist Tony Elumelu emphasized the key priority for 2015 for Africa as “policy, policy, policy.”

TMF Group significantly Expands Offering Across Africa

The expansion marks a significant achievement for TMF Group

Nigeria’s SMEs To Get Funding Boost As 11 Banks Partner To Provide Easier Loans

The BOI said the partnership is part of a multi-pronged approach to addressing the problem of poor loan packaging

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.

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.

African billionaires offer nuggets of wisdom on money and riches

A telecommunications magnate and noted philanthropist, Ibrahim’s bank balance is estimated at $1.4 billion

Bill Gates Wants To See African Living Standard Surpass America’s Before 2030

In the 2015 Gates Annual Letter, the couple released their big bet for the future.

Y&R to partner with Investec SA

Y&R South Africa has recently been awarded the advertising contract for Investec South Africa

Access Bank Pledges Support for African Entrepreneurs

Access Bank Plc has expressed its preparedness to support entrepreneurs in Africa.

Wealth and Asset Management