Managers of Wealth Africa

Nigeria’s Micro Pension industry: A gold mine waiting to be tapped

The Nigerian government expanded the Pension Reform Act (PRA) of 2014 to include provisions for Micro pensions.

European firms say SA’s poor utilities deter investment

The obstacles illustrate the challenges as President Cyril Ramaphosa backs a drive to attract investment to help the economy recover from what’s forecast by the government to be the biggest contraction in nine decades this year.

‘N2.3tr pension fund available for real sector investment’

She stated that the N2.3 trillion represents 20 per cent of portfolio limit out of the total pension fund, which stands at N11.3 trillion as at August 31, 2020.

KTH announces new phase in its growth trajectory

As part of the transaction, KTH also sold its shares in KTH Africa Investments to TIH Mauritius Holdings.

International Investor Magazine announces its final round of business award winners for 2020

Our readers have selected organisations that are bringing better ways of doing business to the investment community.

The rise of Islamic banking in SA

FNB Islamic Banking CEO Amman Muhammad discusses what differentiates this growing sector

NSE capitalisation hits N17tr mark, as investors sustain appetite in dividend paying stocks

NASCON followed with 9.96 per cent to close at N15.45, and Northern Nigeria Flour Mills rose 9.92 per cent to close at N6.65, per share.

Safaricom taps Sh24bn loans as virus cuts profit

It is the first time in nine years Kenya’s most profitable firm is reporting a fall in earnings.

Treasury’s emergency loans at CBK surge to Sh63 billion

The emergency lending, which is regarded as the direct creation of cash by the CBK, is ideally meant to be restricted to a maximum of five per cent of the most recently audited revenues and repaid by the end of the fiscal year.

Tunisian Banks Face Surge in Credit Losses as Debt Relief Ends

The ratio of impairment charges to pre-impairment operating profit rose to 62.9% for our sample of major banks in aggregate, from 29.9% in 2019.

What role does ESG play in SA fixed income?

How should fund managers be incorporating ESG considerations into their portfolios?

Africa and the investment opportunity

He stresses that investing in African countries carries risks, but these were too often exaggerated.

S.African investors exit local coal project on climate concerns

Africa’s biggest CO2 emitter and one of the world’s top-ten coal producers had pledged to reduce emissions by more than one third by this year under the Copenhagen Accord by retiring numerous coal plants and intensifying renewable energy inves

The process of financial emigration

Financial emigration should not be confused with emigration and it is important to understand the difference at the outset.

Standard Bank digital drive connects African exporters with Chinese market

Digital match-making forums also allow African exporters to participate in the activities of the import-led trade show without having to be there physically.

Low yield, inflation threat to pension funds growth

Fund managers’ exposure to investment vehicles in the real sector was extremely low due to the high level of risk involved, according to Yusuf.

DPI elects three new partners

Development Partners International (DPI), a pan-African private equity firm with USD1.7 billion in assets under management, has elected three new professionals to its Partnership.

Resurgent South Africa joins Saudi Arabia on road to economic reform

Saudi Arabia seen as potential investor in Pretoria’s $100 billion investment recovery plan

KCB upbeat National Bank to yield billions by December

So this year we expect NBK will cross Sh1 billion in profits which is a very strong contribution,” Mr Oigara told the Business Daily.

Making a case for offshore investing

A diversified portfolio contains a mix of distinct asset types in an attempt at limiting exposure to any single asset or country/region.

Alternative Investments