Managers of Wealth Africa

ITFC launches letter of credit confirmation product

It aims to manage the risks associated with trading amid the pandemic, while also helping to facilitate trade and ensuring the steady supply of goods, states the ITFC.

How the Finance Bill will affect you

The Finance Bill, when signed into law, will have varying effects on individuals, businesses and organisations in Nigeria.

T-bills under target as bond sale sucks up liquidity

Investors bid were worth Sh1.55 billion on the Sh4-billion 91-day T-bill, and Sh3.01 billion and Sh5.28 billion for the 182 and 364-day offers respectively, which sought Sh10 billion each.

Australia, South Africa Take On The Late Payments Fight

Five-day payment terms will be possible through Australia's new eInvoicing solution, the nation's Treasury announced recently.

Swiss Re eyes expansion in South Africa with new direct insurance licence

Swiss Re Corporate Solutions established operations in South Africa in 2015. To date it has operated in the country as Swiss Re Corporate Solutions Advisors South Africa, a licenced Financial Services Provider binding direct commercial insurance business

Technology drives an inclusive trading market

Today, trading is accessible to anyone with disposable income, young or old

Financial considerations for expats

Are your SA portfolios taken care of?

Nigeria’s tottering economic recovery roadmap

South Africa, Nigeria’s strong regional rival, plugged into recession before COVID-19 struck. It merely sank deeper, recording over 50 per cent contraction in Q2 2020 as the pandemic squeezed economies globally.

African Development Bank’s Akinwumi Adesina, three others win Academy of Public 2020 top Distinguished Fellowship Award

The four have been recognized for their style of transformative leadership which inspires emerging young leaders in public health to strive to make a difference in their work, the Academy said in a statement at the weekend.

Despite non-recognition Somaliland keeps attracting international investors

The livestock sector, the backbone of the economy, is relatively undeveloped with limited extension and support services, while the fisheries sector has barely been tapped.

Accuro Jersey proud sponsor of Alive and Kicking programme: "Bounce back from COVID-19" in Kenya

The programme delivers vital COVID-19 and mental health education to thousands of young people

Microfinance banks cut lending on Covid default fears

Banks saw 13.6 percent or Sh403.9 billion go into default and managed to restructure Sh1.12 trillion indicating industrywide loan servicing problem.

FirstRand exposes a vulnerability in South Africa’s financial system

The banking sector is seemingly being held hostage by a relative handful of people able to cope with its complexities.

Investors lose N232bn as stock market fall deepens

The premium subsector was the most active (measured by turnover volume), with 175.38 million shares exchanged by investors in 2,612 deals.

SA bounces back on export demands

The rand value of the surplus was also more than four times the size of the previous largest surplus of R63.4bn recorded in the first quarter.

Rating agencies warn of rising African debt risks

While it should fall in most of those countries by 2022, the likes of South Africa, Uganda and Rwanda are expected to see further 10 percentage point rises in their debt levels.

Time to look at value again? Asset manager Piet Viljoen back on form

This year, Viljoen’s returns have started to sparkle again – a development that has prompted a rethink on his funds by Magnus Heystek, the respected independent financial advisor, of Brenthurst Wealth Management.

Nigeria: Fidelity Bank to Raise N75 Billion Through Bond Sale

The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.

S Africa economy rebounds in Q3 after pandemic crash

To this day, South Africa accounts for the most coronavirus cases of any African country, with almost 820,000 confirmed infections out of 2.3mn.

ADIA looks to Africa for new investment opportunities

The fund's 20-year annualized rate of return at Dec. 31 was 4.8%, vs. 5.4% in 2018.

Alternative Investments