Managers of Wealth Africa

Capitec to launch new lending product for SMMEs

Offering unsecured loans based on a business’s cash flow.

Major international company shuts down operations in South Africa

While the company will retain a sales and distribution presence in South Africa and its Hi-Q retail network, its manufacturing operations in the country are shutting down.

Gold declines on optimism US-China trade talks will ease tension

Gold fell 0.4% to $3 311.66 an ounce as of 1:30 p.m. in Singapore.

Higher trade surplus in Feb ’25 despite reduced trade levels

The m/m decline in merchandise trade value was primarily driven by a USD0.06bn decrease in the value of import trade to USD3.28bn from a downwardly revised figure of USD3.34bn in Jan ’25.

TDB Group wins 2025 Bank of the Year at the African Banker Awards

In recognition of the Bank's focus on inclusiveness, service innovation, customer satisfaction, and contributing to the continent's growth

The retirement mistake that can cost you R21 million

Institutional Clients manager at Allan Gray, Nshalati Hlungwane,

Ghana’s currency best performing globally, boosted by IMF aid, oil, and gold

Price action shows the cedi began the year near the ₵15/$ level and now trades close to the ₵10/$ resistance line.

Another 100 businesses shut their doors in South Africa

Another important distinction to make is the difference between voluntary and compulsory liquidications.

Sarb sends strongest signal yet on lower inflation target

Its mandated inflation-targeting framework has been in place since 2000.

Money supply soars to N119 trillion amid CBN’s rate pause strategy

Net foreign assets climbed to N47.76 trillion in April 2025

How UBA is Empowering SMEs across Africa by Accelerating Digital Payments

Like many small and medium-sized enterprises (SMEs), her financial health depends on seamless transactions and reliable infrastructure that ensures she receives payments the moment they are made.

All eyes on the Reserve Bank for relief as take-home pay sinks

This has impacted South African households and slowed economic activity, and investors pull back on spending

Government plans to use pension fund money for South African industrial policy projects

Of the R402 billion budgeted for transport and logistics, R93.1 billion is earmarked for the South African National Roads Agency (SANRAL).

Afreximbank wins mandate as sole financial advisor for South Africa's $1.7-billion Suiso Project

As financial advisor, ACMA’s role will involve leveraging its network and expertise to structure and mobilise the capital required for the project’s execution.

Africa elects its next 'super banker'

But Adesina's successor will immediately face a disrupted international economic environment, notably due to announcements from the US Trump administration.

Ramaphosa announces R240 billion investment haul

Ramaphosa spoke on the eve of the first anniversary of the formation of a 10-party coalition government started by the African National Congress after it lost its parliamentary majority in elections held last May.

Ecobank Group CEO Jeremy Awori Reaffirms Commitment to Ghana’s Growth Agenda During Official Visit

He also reaffirmed Ecobank’s commitment to being a trusted partner in Ghana’s national development journey.

Close call for interest rates in South Africa this week

This means that the rand itself isn’t strengthening; rather, it is the dollar that is weaker.

R466bn ‘hit’ as National Treasury lowers SA GDP forecast

‘This is the main contributor to the projected increase in the country’s debt-to-GDP ratio’ – DG Duncan Pieterse.

EU commits to northern Ghana growth with two new projects

The Better Farming project, funded by the Agence Française de Développement (AFD) and the EU, will be implemented by the Ministry of Food and Agriculture.

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