Managers of Wealth Africa

Liberty minorities approve Standard Bank’s buyout offer

Transaction is expected to be finalised in the first quarter of 2022 and Liberty is likely to be delisted.

SA is the best place for business in Africa

A few countries on the continent are probably not fit to consider for investment or business at all.

Southern Africa: Minister Mutsvangwa Praises SADC Stance On Sanctions

A 245km pipeline will be constructed to connect the water body to Bulawayo and this phase is expected to be complete by 2022.

Kokkie Kooyman ranks SA banks, with two standout stocks for value investors

Kooyman explains how, at the current share prices, there are two banks that present outstanding buying opportunities for investors following the long-overdue trend of switching from growth to value stocks.

‘If you are a differentiated stock picker, this is as good as it gets’

Local managers continue to see opportunity on the JSE.

Releasing some of the equity tied up in your home

The product offers pensioners access to a percentage of their home’s equity while they retain full ownership.

StanChart is Joint Lead Manager on Access Bank $500m Eurobond

The net proceeds of the Eurobond will provide medium term funding and help to enhance the capacity of the bank to support its general banking purposes.

Africa: Insuretech, On the Heels of a Fintech Boom, Heats Up in Africa

That spells an opening for new players.

Kenya tops world in China projects completion ahead of deadline

The findings are contained in a report titled Banking on the Belt and Road which covered 13,427 projects worth $843 billion (Ksh93.23 trillion) in 165 countries all funded by China over 18 years.

PSG Konsult keeps growing

Paid nearly R1.5bn in salaries and commission in the last six months.

How much money you would get under South Africa’s planned two-bucket retirement system

This system has the potential to triple pensioner income and should allow for early access of funds, the nation’s Actuarial Society said.

SA CEO Optimism Back to Pre-Pandemic Levels, KPMG Survey Shows

About 80% of the CEOs surveyed recognise that large corporations have the resources to help governments find solutions to pressing global challenges.

Stanbic IBTC Pensions Reiterates Commitment to Empowering Women

She emphasised the need for women to have a strong support system in order to get ahead in their careers.

S.Africa's Sanlam, Absa, combine asset management businesses

Clients of the combined business will benefit from a wider range of investment solutions, the joint statement continued, adding it would also see increased investment in research and technology.

Women in Africa: 15 women entrepreneurs from Mauritius announced as finalists in WIA 54 programme

Through this newly introduced initiative, WIA aims at supporting more than 10,000 women entrepreneurs and indirectly contributing to the creation of 100,000 jobs, by 2030.

Africa-dedicated private equity firm raises $900m

DPI will look to invest in companies benefiting from continent’s emerging middle class

Godongwana’s ‘wish list’ of urgent fixes to make South Africa more appealing to businesses and investors

Specifically, our recovery plan calls for the mobilization of both public and private sector investment to drive an infrastructure-led recovery,” he said.

Access Bank Issues Additional $500m Eurobond

It added: “The Eurobond may be called anytime from October 7, 2026, subject to conditions including the Central Bank of Nigeria’s approval.”

Capitec goes after Discovery with its own ‘behavioural banking’ model in South Africa

Initially launched in July 2021, the programme already has 2.2 million active clients and R55.6 million in savings to date.

In full boom: Investec Property Fund has big plans for Europe

The Fund has 90 properties in SA worth R15.2 billion as well as a 35% stake in a black-owned property company, Izandla.

Alternative Investments