Managers of Wealth Africa

NSE monthly equities turnover at year-low

The low share prices discourage selling, as those doing so would likely be taking on a loss.

Sanlam posts profit rise, to expand across Africa

Headline earnings per share up 10%.

African Private Sector Upbeat About the Future but Demands Fairer and More Transparent Global Trading System

The survey covered a number of areas which revealed a general consensus that the current rules penalise the African continent and its private sector. 86.6% of the respondents understand the role of the WTO in global trade.

Green and blue building blocks for a sustainable economy in Mauritius

Green bonds represent a way for issuers to raise money specifically for environmentally friendly projects – such as renewable energy or clean transport.

Cash circulation up to Sh219bn as savings rate falls

The low returns on savings act as a catalyst for people to save less and cash out on their savings and opt to hold their cash in assets with better returns.

Namibia: Insurance Industry Records N$12 Billion in Free Assets

There are currently 16 life insurance companies registered and operating in Namibia.

Sanlam Group, have pledged to provide excellent services.

They made the pledge at their virtual Brokers Forum that cut across Nigeria and South Africa.

Liquid Telecom seals another big South African acquisition

The transaction is understood to have taken over a year to conclude as the South African competition regulators reviewed Liquid’s massive presence in the country’s data center business.

African Development Bank partners with Alliance for a Green Revolution in Africa as sponsor of virtual African Green Revolution Forum (AGRF)

AGRF online will convene the most senior decision-makers of governments in the same digital space as grassroots players along the agricultural value chain

Algeria to launch Islamic insurance, open banks in Africa

The authorities have also said they will open the door for the private sector to set up banks, part of reforms pledged by President Abdelmadjid Tebboune in the banking sector.

It’s time Kenya’s financial sector to innovate new ways of working

This is when new ways of working first emerged.

CITITRUST unveils asset management subsidiary

The unveiling and remarkable feat is announced in pursuant of the Fund.

Togbe Afede’s SAS rubbishes Ken Ofori-Atta’s claim but ignores his insult

The Finance Minister asserted that Togbe Afede was involved in the attempt by the NDC government to implement the Gold Royalties Company deal in 2011.

Firm eyes young workers with pension plan

Mr Kitau said their investment’s arm was working on a ready-made housing product that will inform future Mafao-housing needs plug-in thereby enabling Kenyans to plan early in life based on tangible products.

Eunice Maina: Bismart is transforming the insurance business in Kenya

Eunice explains how Bismart is transforming the insurance business in Kenya, and how the broader ecosystem of insuretech is coming into its own in a post-COVID context.

Saxo Bank MENA region client base grows by more than 150% contributing to a sizeable increase in Group net profits

More than 80,000 new active clients joined the group across all global markets in the first half of 2020

African Rivers Fund III hits first close at $54m

The private sector in DR Congo and Uganda, our core markets, as well as Angola, our new third home market, has tremendous growth potential and long-term capital remains scarce.

World Bank Group launches New Country Partnership Framework, and provides immediate support to economic recovery

Beyond a four-decade history of recurrent conflict and violence, the arrival of COVID-19 may plunge an additional 140,000 Central Africans into extreme poverty.

Ghana: Press highlights injection of GH¢800m into National Investment Bank, others

The Graphic also reports that the Ghana Health Service (GHS), in conjunction with the National Malaria Control Programme, is conducting a survey on malaria parasite prevalence among children in the Greater Accra Region.

International assets, an essential component of a well-balanced investment portfolioNinety

One’s Albert Coetzee discusses the right and wrong reasons for investing offshore.

Alternative Investments