Managers of Wealth Africa

South African investment firm RMB Holdings to buy stake in Mall of Africa developer

RMB Holdings said in a statement it aimed to use Atterbury to spearhead its retail and industrial property business.

Citigate launches Sierra Leone diamond project

The announcement was made at a gala event, at the Ritz Carlton DIFC, and was hosted by Citigate International CEO Tohib Iyiola. The event also celebrated the first anniversary of the company's Dubai office.

Private Equity Firms Bid Up Africa M&A Prices on Record Funds

Private-equity companies amassed $4.3 billion for investments opportunities in Africa last year, the most in six years, with investors attracted to consumer-facing companies as improvements in access to financial services and mobile technology open up mar

Property business will be notable next to FirstRand – RMH

Rand Merchant Bank Holdings announces foray into property.

RMB Holdings Buys Atterbury to Enter S. African Property Market

The acquisition of Atterbury marks the first major deal by RMH since the company spun off its insurance businesses into Rand Merchant Investments Holdings Ltd. in 2011.

Peru to strengthen trade and investments in South Africa through expansion of UAE Trade, Tourism and Investment Office

Exports from Peru to South Africa have grown by 114% since 2013.

Mauritius Commercial Bank to launch ETF for Indian government securities

For the first time, overseas retail investors will get an opportunity to invest in Indian GSecs via an exchange traded fund," he said. "MCB is the largest bank there.

Pension funds urged to invest in profit-generating projects

President John Magufuli has directed pension funds to invest in profit-driven projects, including industries, where profit and employment opportunities will be created instead of focusing on infrastructure development.

NSIA retains best transparent African Sovereign Wealth firms’ rating

It tops the joint second category, which includes the United States (U.S.), France, South Korea, Malaysia, Brazil and the UAE.

Your aid helps fashion giants: Just when you thought you'd read all about foreign aid waste... the astonishing story of how UK money funded factory clothing catwalk queens

A Mail on Sunday investigation has discovered that The British Council provided cash for two disastrous projects at God’s Little Tannery, which is on the northern boundary of the sprawling city of Kano in northern Nigeria.

Bankers urge Ghanaians to take on retirement plans

She spoke to Joy Business at the launch of the Ecobank Retirement Savings Plan, which is a partnership between the bank and Old Mutual Ghana.

Sales of private equity firms across Africa at nine-year high

EY and the African Venture Capital Association’s fourth annual analysis of the private equity industry showed that 44 private equity companies were sold across the continent last year, an increase on 2007’s 34.

Source scoops Nomura Emea equities head

Ide, formerly chief executive at Old Mutual Global Investors, joined Source in March this year following the departure of founder and CEO Ted Hood last year.

Ecobank and Old Mutual introduce retirement savings plans

A lot of time too our salaries are loaded with allowances, so we develop a lifestyle based upon our salary plus the many allowances that we receive.

Short-term insurers fighting for the same customers

While most South Africans remain uninsured.

Zimbabwe: Chinese FDI Skirts Zimbabwe

China has been a key ally of Zimbabwe during the past two decades when capital from western and European states declined over a diplomatic standoff, now in its 16th year.

Geldof's fund eyes more African investment

In Ethiopia alone, the firm was looking at five projects, he said in Addis Ababa, where he was attending an event organised by his winery.

South Africa views Iran as a strategic trading partner

As of 2015, total trade between the two sides stood at R358 million.

Temenos T24 core banking system to underpin newly-merged Malawian bank

MSB will be ditching its previous provider, Neptune Software, and its Rubikon system.

Family Bank Plans Share Sale to Fund East African Expansion

A replacement for Munyiri, whose contract expires in June, hasn’t yet been named.

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