Managers of Wealth Africa

SBM Holdings finalises purchase of 75% of Chase bank assets

The remainder of each transferred deposit will be held on fixed term deposit with SBM Kenya at an interest rate of 6.65 per cent per annum.

MCB Group strongly represented at the Africa CEO Forum

This year's edition took place in Abidjan, Ivory Coast, on 27 and 28 March

South Africa's millionaires choose these luxury sports cars

Although sports cars are popular with South Africa's wealthiest, luxury car sales decreased in 2017 compared to 2016.

Investing abroad: A world of opportunities awaits

For most South Africans, this is simply not the case.

Europe’s EBRD considers expansion in Africa

With abundant capital, European development bank broadens its horizons

African Alliance fined N46.1m for late account submission

The insurer, investigation revealed, has failed to declare meaningful dividends or bonus to their shareholders for four consecutive years, while its results have not been quite impressive within those periods as well.

SA’s franchise sector shows positive growth – survey

Diversity challenges remain, respondents cite SA’s low-growth environment as a barrier to success.

Why employers are opting for defined contribution retirement schemes

The employer guarantees a defined amount of lifetime income at retirement to members and is solely responsible for realising this promise.

Afreximbank signs $100 million agreement with Indonesia Eximbank

Amr Kamel, Executive Vice President, Business Development and Corporate Banking, signed the agreement on behalf of Afreximbank while Sinthya Roesly, Chairman and Executive Director of Indonesia Eximbank, signed on behalf of her institution.

8 of the cheapest countries for South Africans to buy citizenship in 2018

One of these options is citizenship by investment – effectively buying the passport and entry into another country through property or cash investments.

Govt turns to Asia to sell debt

By staging two non-deal roadshows to Singapore, Honk Kong and Japan, the government is also aiming to profit from bearish interest rates in those countries where investors are virtually seeking trusted alternative instruments to their low yield ones.

Angolan government reviews insurance and pension fund legislation

The General Insurance Law, which has been in force in Angola since 2000, states that the business of insurance and insurance mediation throughout the country can only be authorised by the Ministry of Finance.

Standard Bank eyes West Africa growth after Ivory Coast opening

Francophone West Africa is increasingly becoming important as a vector of growth on the African continent.

Allianz makes $120m investment in African infrastructure

Long-term loan could signal shift in appetite for African risk from institutional investors

Emerging Africa Infrastructure Fund raises $385m capital

he lending group on the fundraising are existing lenders KFW, the German development bank, FMO, the Dutch development finance institution, and Standard Chartered Bank.

Barclays Africa to split into four units in growth strategy

Barclays Africa is separating its business from its UK parent in a process that started in 2016 and is due to be completed in early 2021

Consol Seeks to Raise $227 Million With Johannesburg Listing

Glass company was taken private by Brait and others in 2007

CMA finally grants Cytonn licence for fund management

CMA, in a statement, said the licensing of Cytonn Asset Managers Ltd is the first step in the move by the holding company towards bringing certain activities of Cytonn Investments Management Plc within the authority’s regulatory ambit.

Citi Launches Volunteer Africa 2018

Programme returns to Uganda to work with local entrepreneurs

Heritage Bank promotes sub-regional integration

Awe said the bank’s partnership with the organisers of WATIF “is just a continuation of a process it started as part of its commitment to the SMEs, which are the bedrock of the economy, because they (SMEs) employ labour, and in terms of contr

Alternative Investments