Managers of Wealth Africa

Market capitalisation on Ghana Stock Exchange exceeds GH¢111b in 2024

The Bank attributed the robust performance of the GSE-CI to improved investor sentiments, significant recovery in the profitability of listed financial institutions and improved liquidity on the market.

A higher net trade surplus in Q3

The apparent reduction in Nigeria’s import balance can be explained by the expensive pricing of foreign exchange currency

A robust performance in the insurance industry

This implies significant q/q and y/y growth of 44%

Global growth remain range bound in the low-single digits

The 2025 growth projection is slightly higher than the growth forecasts of 3.2% in FY ’24.

Naira depreciation drive rise in external debt

The sharp increase in the naira conversion of Nigeria’s external debt payment can be attributed to the depreciation of the naira.

Recapitalisation: NGX Banking Index Up 9.76%, Emerge Best-performing Indicator in January

After a double-digit capital gain in 2024, bank stocks are showing early signs of a bullish year.

The ‘real’ value of the rand in 2025

The Act does not change the country’s Constitution, which does not explicitly make provision for this.

This is the real retirement age in South Africa

The average citizen is expected to achieve a 25% replacement ratio at the traditional retirement age 65.

Caverton Reports Revenue Growth Amid Economic Challenges

The results show revenue grew by 43 per cent year on year to ₦45.6 billion while Loss-Before-Tax was ₦50.5 billion.

African Bank’s new route to the JSE

Management explains the reasons behind delaying its listing to 2028.

FNB’s top 5 stock picks in South Africa

Rand hedge counters also seem to offer very good value.

Money flooding out of South Africa

The party criticised Ramaphosa’s African National Congress for failing to adhere to procedures set out in a coalition deal agreed last year.

Kenya maintains liquidity in money markets despite KSh 63b drop in forex reserves

Kenya's money markets continued to exhibit adequate liquidity in the week ending January 23, 2025, despite a significant decline in foreign exchange reserves.

Investment scams are becoming much more innovative and complex

Two particular cases demonstrate a troubling evolution in fraud tactics.

Investors have a message for Ramaphosa

Although many departments are pushing ahead with new and improved initiatives, actual economic progress has been mediocre.

Kenyan bourse investors' wealth surges 48 pct, hits two-year high

Among the stocks whose prices have surged significantly, pushing up investors' wealth are those in the telecommunication, banking, insurance as well as energy and petroleum sectors.

Ghana’s external debt restructuring has had little impact on banks capitalisation – Fitch

This, it said, has allowed certain losses to be phased into regulatory capital, and accounting that has inflated the value of the new government bonds received in the DDEP.

A higher net deficit on the financial account

This compares with a net liability, or financial investment inflow of USD6.4bn, up from USD1.5bn in Q2.

A m/m reduction in revenue disbursements

The m/m decrease in December is significant

IMF delivers bad news for South Africa

The January 2024 saw the IMF slash its growth outlook down to 1% from 1.8% expected back in October 2023.

Alternative Investments