Managers of Wealth Africa

Collective investment scheme assets hit Shs173bn

Notwithstanding the growth recorded over the last years, the size of Uganda’s CIS industry remains small compared to CIS industries in other countries across the continent.

Optimistic leaders are what the world needs, says Sanlam Investments

Tech and human-centric advancements mean there’s never been a better time to invest

Equity Group kick starts a 35 million trees planting campaign

The project will also empower youth who will be tasked with raising high-quality tree seedlings in nurseries as an income-generating activity.

NSSF reveals valuation of iconic Nairobi office blocks

Real estate has for long been seen as a safe investment bet, making it among popular cash-generating options for high-net worth investors like pension schemes in the Kenyan economy.

TMT Finance: The African boom in investment in communications infrastructure

TMT Finance interviews the CEOs of Millicom, SEACOM and Africa Data Centres in advance of TMT Finance Africa 2019 to discuss how diversifying revenue streams through technology is driving investment in Africa

Nedbank CIB concludes 37,5M transaction in ACCRA

The transaction was implemented in an extremely efficient and timeous process from idea conceptualisation to drawdown and will afford Actis Africa Real Estate Fund a significant cost-saving and more time to implement the portfolio refinance.

NSE-listed companies put 5pc in innovation

The survey further showed the companies that are most innovative are in the financial services, retail and hospitality, which adopted the fast-follower approach

Kenya welcomes speculators to boost activity on dormant mart

This is a very good move for the market

BoN still mum on forex trader queries

You can make money if you know exactly what you are doing.

MWANGI: 35 years on, Equity Bank keeps faith in ‘small customers’

The aspirations and dreams of this youthful population is very different from those of their parents.

How South Africa’s Black Economic Empowerment Initiative Empowered the Powerful

The program was intended to reduce inequality for South Africa’s disenfranchised black citizens by getting big white-owned companies to sell stakes in businesses at a massive discount to eligible black partners.

NSE records N20bn midweek decline

The premium sub-sector was the most active (measured by turnover volume); with 51.6 million shares exchanged by investors in 847 deals.

Shariah bank DIB expands with new branch in Eastleigh

The lender targets mainly commercial enterprises, small and medium enterprises and individual customers.

IMF lowers South Africa’s growth forecast for 2019 to a paltry 0.7%

The IMF’s growth forecast for South Africa solidifies the country’s moribund economy after the World Bank last week also slashed its growth forecast, saying the economy would expand 0.8 percent this year from a 1.3 percent forecast in April.

Equity’s Pan-African growth plan on course with BanABC takeover

BancABC, officially known as ABC Holdings is a wholly-owned subsidiary of Atlas Mara, which is listed on the London Stock Exchange.

Afreximbank IPO: African bank confirms plans to list in London

The possible floatation is a rare bit of good news for London’s IPO market, which has struggled with a sharp drop in new listings amid ongoing political uncertainty in the UK.

PSG interim earnings spurred by Capitec

An interim dividend of R1.64 was declared, representing an increase of 8%, PSG Group said.

Africa’s top and bottom 5 hospitality investment markets unveiled

Africa hospitality investment expert Wayne Troughton reveals where hoteliers and investors should look to next.

Use your overseas property investment to get international citizenship

There are all sorts of reasons people are thinking of having an ‘out’, from security and better education to tax benefits and travel freedom.

Accor showcases future of eco-travel at the iconic Mantis Founders Lodge

Accor commits further to sustainable tourism with their latest initiative in South Africa.

Alternative Investments