Managers of Wealth Africa

Capitec surges 7% on record results

‘It’s about simplicity and transparency’ – outgoing Capitec CEO Gerrie Fourie on how clear pricing and easy-to-use services helped the bank earn the trust of over 24m clients.

The government chases away investments in South Africa

The Remgro CEO said their challenges with South Africa’s regulatory authorities influence their capital allocation.

Access Holdings posts N642.2bn profit

Meanwhile, the group’s income tax expenses also rose sharply, from N109.7bn in 2023 to N224.8bn in 2024, which had a moderating effect on the final profit after tax.

REX Insurance Advocates for Greater Youths Involvement in Insurance

She made this assertion at the 9th BusinessToday Annual Conference which held in Lagos recently.

PenCom Commits N5.51tn Pension Fund to Boost Real Sector Growth

According to PenCom, the growth was attributable to additional contributions received and investment income.

Inflation rate rises to 24.23%

“Looking at the movement, the March 2025 Headline inflation rate showed an increase of 1.05% compared to the February 2025 Headline inflation rate.”

African credit ratings can absorb aid cuts and trade strains, Fitch says

African-owned multilateral banks might become more important institutions in this shifting landscape

PPS Investments’ assets increased by 15% in 2024 to R97bn

The firm plans to target smaller advisory businesses that a conventional DFM would typically not take on.

Pension assets continue to grow

Excluding a mild decline in the value of money market instruments

The rapid rise of FGN’s domestic debt

On a y/y basis, the FGN’s total debt stock increased by 32% y/y, reflecting a rise in domestic debt issuance by the FGN to plug rising budget deficits.

Plan to Green 30,000 Africa Buildings Seeks $150 Million Boost

The fund will invest in companies that provide the services in the southern part of the continent, with about 30% of the money likely to spent in South Africa

The richest female shareholders on the Nigerian Stock Market 2025 Q1

From banking to manufacturing and healthcare, their holdings tell a powerful story of influence, leadership, and investment foresight.

Another disaster for South Africa enters view

The US president announced that all tariffs above 10% would be paused for 90 days—except for China, which was slapped with the aforementioned 125% rate.

Nigeria got $50bn from Afreximbank funds – Oramah

He noted that $19bn of the total amount disbursed had been invested in Nigeria’s financial services sector, which has grown significantly over the years.

Absa bosses score R165 million payday

South African headline earnings jumped by 14% to R15 billion, while the Africa regions remained flat at R6 billion.

Ecobank’s ‘Oja Oge’ to feature over 100 exhibitions 7th April 2025

“Oja Oge by Ecobank” is a one-stop marketplace for fashion, beauty, and lifestyle businesses,” Odu said.

Nigerians should cultivate insurance culture – Sovereign Trust CEO

Soyinka said this at a press conference to review the company’s first-quarter operations and processes in Lagos.

PIC invests $40m in Africa50 Group

The investment provides a significant boost to Africa50’s mission of mobilizing African institutional investors to drive infrastructure development across the continent

SA targets development finance giants for funds to revive cities

The disbursements of grants to municipalities that run the eight main cities and hit certain targets in improving services and collecting revenue are due to begin this year.

Investors eye rich returns as Uganda banks post high earnings

Total assets held by SHUL increased from Ush9.3 trillion ($2.5 billion) in December 2023 to Ush10.4 trillion ($2.8 billion) in December 2024, according to its latest financial results published last week

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