Managers of Wealth Africa

Emerging managers can’t all become big managers

This represents significant business risk. If one or two of those large clients were to withdraw their money, that would have a huge impact on their sustainability.

Is SA going to hell in a handbasket? The short answer is no.

Key data show we are in a much worse state today than a year ago. Right? Wrong!

CDC Plans $1 Billion Nigeria Post-Brexit Investment Drive

U.K.’s development-finance unit may put more money into banks

Carlyle could potentially lose $136 million on its investment in Diamond Bank

At the present market value, Carlyle’s participation in Diamond Bank is worth $10.9 million because the share’s prices never exceeded purchase price and yield per share has been negative.

Nigerian equities lose N2.04 trillion

Also during the week, the agenda-setting Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to retain all policy rates during its last meeting for the year.

Nedbank completes Old Mutual split; odd-lot offer gets green light

The reason in turn for so many Old Mutual shareholders dates back to their de-mutualisation and subsequent listing of the company back in 1999

Bharti Airtel picks Goldman, JP Morgan to manage Africa unit IPO

Citigroup, Barclays also among eight bankers hired for the share sale

RMH ‘not closed to investors’, calls for unbundling of group’

Rand Merchant Bank Holdings chairman Jannie Durand acknowledges shareholder concerns over growing discount of share price and value of underlying assets

SCB, World Bank launch first ‘blue bond’xpensive but not particularly value for money

Finding innovative ways to mobilise capital to tackle development issues is a priority for us.

Africa’s bright investment future

Risk, or at least the perception of it, has long been a major impediment to attracting foreign direct investment in Africa.

Banks borrow N764bn from pension fund

The report further stated that some of the money was invested in agency bonds, supra-national bonds, commercial papers, foreign money market securities, and open/close-end funds.

Top 10 residential estates in SA

According to the report, houses and apartments on top-end residential estates in SA have outperformed the generally constrained local market.

AfCFTA gives Africa hope

The contributions are spread across sectors, and they create revenue and jobs in a quest to meet the Vision 2030.

Mauritius: An attractive destination for alternative investment funds

Mauritius certainly has further room for development

Ghana to Raise $750 Million Through London IPO of Minerals Fund

The fund will set up a special purpose vehicle and conduct an initial public offering through a dual-listing on the London Stock Exchange and the local bourse, he said.

Gvnt Orders Diamond Sales In Forex

Treasury has projected the capital intensive sector to register a 26 percent growth driven by strong performance in gold, coal, chrome and diamonds.

Sukuk fund will benefit Nigeria more than conventional borrowing – Jaiz Bank MD

For the big banks, if they grow at five per cent, they are very happy but our growth at 20 per cent, we are not happy because we have not got to the saturation point that we should.

Radix Pension grew RSAs by 450%

The managing director said that the company had been able to manage and invest both its RSA and retiree funds properly, such that its unit price had been growing steadily on a monthly basis.

Developing a culture of saving for retirement can boost SA’s economy

Too many people cash in savings early – or simply don’t think about their future financial requirements until it is too late

Strong appetite for African blended finance

The use of blended finance to scale up investment is increasingly popular in Africa, a forum has concluded.

Alternative Investments