Managers of Wealth Africa

Mauritius Government Debt Rises to 79% of GDP

In response, the government announced a fiscal consolidation plan beginning in fiscal 2026, targeting a reduction in the deficit to 4.9% of GDP in fiscal 2026 and 1.3% by fiscal 2028.

The South African companies making billions by just keeping their doors open

This trend is set to become more prominent in the years to come as cracks begin to show in some sectors where economic growth can no longer sustain the current number of players.

Allan Gray explains new two-pot retirement changes in South Africa

Members can withdraw up to 100% of what has accumulated in that component before retirement, with a minimum withdrawal of R2,000 that only occurs once per tax year.

Africa unveils landmark integrity & equity principles and coordination platform to strengthen carbon markets

The announcements were made at a high-level continental dialogue convened in collaboration with the Government of Kenya and Afreximbank

It’s a good year for salaries in South Africa

The significant moderation in consumer inflation during 2024 has had a positive impact on the purchasing power of salary earners

What 99% of retirees regret and how you can avoid it

Putting off retirement planning can lead to compromises like working longer than you’d hoped or depending on others for financial support.

A moderation in Nigeria’s headline inflation

This uptick underscores the persistence of underlying inflationary pressures within the economy

A sequential decline in insurance premium

The revenue downturn is particularly significant

GDP Rebased: Nigeria’s Economy Gets a Fresh Look

Following the rebasing, Nigeria’s economy is now estimated to be significantly larger

The JSE is shrinking

Pask noted that many of the JSE’s largest remaining companies are now dual-listed on international stock exchanges such as those in London and New York.

Stanbic Investment Management Services announces strong 2024 performance

In 2025, SCT will maintain its purpose as a money market fund, catering to investors with short-term investment goals and liquidity.

JSE hits 100,000 milestone

The JSE said that 2025 has positioned the JSE among the best-performing markets in the world in Dollar and Rand terms.

Old Mutual SMEgo’s R4.2m Pitchathon giveaway for SMEs

Fourteen businesses will receive R300 000 each.

South Africa must unlock financial sector for growth, says African Development Bank

“South Africa has a well-developed and large financial sector with an asset-to-GDP ratio of 88%, well above that of most emerging markets.

South Africans are in the danger zone

By its metrics, 63% of South African households are in the danger zone.

After Rebasing, NBS Puts Nominal GDP at $243bn in 2024

NBS also disclosed that the economy grew by 3.13 per cent in the first quarter of the year (Q1 2025).

Kenya’s largest bank to open UAE office to attract Gulf wealth

Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year.

South Africa needs trillions of rands – and the private sector has the cash

In South Africa, former Minister of Forestry, Fisheries, and the Environment Barbara Creecy said R1.5 trillion would be needed by 2027 to hit required levels for the Just Energy Transition Investment Plan (JET IP).

Foreign investment in South Africa barely scratches R680 a person

The study is based on World Bank data for those years, with South Africa recording FDI of $3.44 billion in 2023, dropping to just $2.4 billion in 2024.

New bank could be a game changer for Old Mutual

The group will launch its new bank, OM Bank, in Q4 2025 and is currently refining processes and enhancing the service experience.

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