01/13/2014
Britam of Kenya Is Said to Plan Acquisition of Money Manager
British-American Investments Co., Kenya’s biggest publicly trader money manager, is in talks to buy an asset-management company, according to a person familiar with the transaction.
01/13/2014
Nautilus Group opens offices in Hong Kong and Mauritius
‘The expansion of our business operations will also see some members of our Jersey team undertake secondments, for training and development purposes, in our new offices.’
01/08/2014
Zimbabweans are among the poorest people in Africa, with the country’s controversial indigenisation laws expected to further erode their wealth
01/08/2014
Standard Chartered hires senior private banker for Africa
Standard Chartered have announced the appointment of John Lee as Executive Director for West Africa in its Private Bank.
12/19/2013
Banco Privado Atlantico SA plans to open 25 more branches in the country over the next two years as it targets the growing ranks of the wealthy in Africa’s second-largest oil producer.
12/19/2013
National Bank of Abu Dhabi plans to expand in a corridor from Africa to Asia in an attempt to gain business from trade flows between the continents,
12/17/2013
Former Barclays chief executive and continent's youngest billionaire intend to use funds to acquire stakes or operations in African financial services companies
12/12/2013
The number of millionaires in Angola rose by 68 percent from 2007 to 2013 and now totals 6,400, indicate figures from the New World Wealth consultancy cited by Lusa news agency.
12/11/2013
Nautilus expands into Mauritius
Group will see the company strengthen its team by 12, bringing the number of Group employees to 77.
12/10/2013
American Express and Nedbank have partnered up to being the super-elite Amex Centurion card – more commonly known as the the “Black Card” – to a select group of South Africans.
12/09/2013
Investec Asset Management Emerges as the Leader
Investes Asset Management’s horizon markets fund has just completed its first year and the returns to date have outstripped those of other emerging-market funds.
12/09/2013
Former Barclays boss has eyes on African banks
The pair hope to raise $250m from investors, which will be used to buy a stake in an African bank.
12/01/2013
Standard Chartered Bank says it will focus on supporting small- and medium-scale enterprises
12/01/2013
SA's Bank of the Year named
This focus has seen the bank's valuation - based on its price to book ratio - rise relative to that of its peers in recent years and led to its share price increasing significantly in the year to date.
11/30/2013
SA’s Richest Continue to Get Richer
The collective wealth of the 20 richest people in South Africa grew by 8.6 percent compared to last year,
11/30/2013
There is nothing stingy about the very rich
Despite the difficult economic environment, some of the super-rich have not stopped giving back.
11/27/2013
The amount of people on the continent that fall within our wealth- management bracket is increasing every day and there are still tons of opportunities relatively untapped.
11/25/2013
Absa said that the award was a tremendous honour and recognition for how we are committed to treating our customers fairly and resolving their queries timeously.
11/21/2013
UBS Targets African Wealthy After Credit Suisse Takes Step Back
UBS is vying with Swiss banks from Julius Baer Group Ltd. to Pictet & Cie. for emerging market millionaires as a global crackdown on tax evasion forces European and American clients to withdraw funds.
11/20/2013
Investec Takes a Knock From Weak Rand
Investec reported a drop in earnings for its half-year results due to rand weakness.