Managers of Wealth Africa

Inflation rate in Ghana continues fall to 11.5% in August

The Government Statistician said inflation for goods dropped to 13.9 per cent from 14.2 per cent in July.

Apex Group expands into Rwanda advancing digital financial solutions across East Africa

The new Rwanda office will provide clients with a comprehensive suite of innovative solutions

iib East Africa named Most Sustainable Bank in Djibouti in the World Finance Banking Awards 2025

These include financing renewable energy projects and infrastructure developments that enhance climate resilience; supporting SMEs focused on ESG such as food security; and engaging communities to boost financial inclusion.

British and French withdrawal could be a boon for African banks

The withdrawal from Africa of British and French banks, which began in 2016, seems to have reached its peak recently

R1 billion loss for one of South Africa’s biggest companies

The dispute is for a confidential contract related to the group’s manufacturing and technology agreement with a customer of mRNA products.

Great news for Discovery Bank

Discovery Life saw profit growth by 11% to 16%, mainly driven by what Discovery describes as exceptional claims experience.

NSE: 13 Kenyan Companies Record Highest Stock Prices in 52 Weeks

The Nairobi Securities Exchange (NSE) has recorded its strongest rally since 2013, and the total investors wealth reached KSh 2.76 trillion

US tariffs are bleeding South African companies

Following several delays in implementing the tariffs and extended negotiations, South Africa and the US could not find a compromise, and the nation was hit with a 30% tariff in August.

Investors await interim dividends by major banks

The major banks, also known as systemically important banks, control about three-quarters of the banking industry funds and have significant influence on the stock market, where banks are the most actively traded stocks.

International giant buying South African bank for R2.8 billion

Bidvest Bank is a full-service bank that offers foreign exchange, fleet, business and personal financial products.

T-Bills auction shortfall worrying

The 182-day bill yield rose to 12.38 per cent from 12.23 per cent the prior week, while the 364-day bill yield declined marginally to 13.00 per cent.

International giant worth R1.9 trillion set to cut South African company

The company has been a major contributor to KwaZulu-Natal for nearly half a century and is the largest taxpayer in the province.

A m/m rebound in FX supply driven by FPIs

The recovery, while encouraging, highlights the continued volatility in FX liquidity.

The state of Nigeria’s manufacturing sector

This disappointing outturn can be attributed to persistent structural challenges

A quiet auction performance in August

This resulted in a bid-to-offer ratio of 1.34x, significantly lower than the 3.76x recorded in the previous month

Absa Bank is Bancassurance Leader at 2025 Insurance Awards

Absa’s Bancassurance model provides access to life, health, education, motor, and home insurance through its branch network and digital platforms.

South Africans being tricked into debt review

Debt review is a legal process designed to assist consumers who are over-indebted.

Bosquet Investments acquires Nedbank Group’s 21.22% ETI shares

The sale follows Nedbank’s decision to realign its strategy towards its core markets in Southern and Eastern Africa where the Group owns and controls businesses.

BoM: “Country’s International Reserves Reach Four-Year High, Standing at $3.9B”

The reserves (foreign currency holdings) had recorded their lowest level in about a year in February, dropping to 3.5 billion dollars (228.3 billion meticais).

South Africans hanging by a dangerous thread

A clear trend among all those who have gone this route is that they have active personal loans, with the group tracking a 95% hit rate.

Alternative Investments