Managers of Wealth Africa

A hit to capital importation in Q2

The shift in foreign investor confidence was as a result of macroeconomic challenges

Ejikeme: Customer Experience Will Shape Future of Pension Industry

We at PTAD prioritise pensioners’ welfare

Big reality check for South Africa from Discovery CEO Adrian Gore

A recent example of local instability is the DA’s Cilliers Brink’s ousting as Tshwane Mayor.

Are the traditional South African insurers about to disrupt the retail banking market?

These intermediaries though do lead to high distribution costs, which are largely passed onto clients via higher premiums.

Union Bank Reaffirms Support for Education in Nigeria

The bank is supporting this year’s anniversary edition, themed ‘A decade of inspiring excellence in teaching,” as part of its corporate strategy

AccessARM Pensions says it will control over N3trn AUM

Managing Director of Access Pensions, Mr. Dave Uduanu, emphasized the strength of the newly formed organization with the support of Access Corporation.

IFC and Absa Provide Trade Facility to Valency to Support Thousands of Farmers in Africa

Valency is excited to work with partners like IFC and Absa

Money Market Rates Elevated over Tight Liquidity

The Nigerian interbank offered rate (NIBOR) fell across most maturities, signaling improved liquidity in the banking system, Cowry Asset Limited wrote to investors.

Outperforming multi-managed balanced fund details its process

The TRG Balanced Prescient fund is delivered strong returns since inception in 2019.

Big questions over the two-pot retirement system in South Africa

Billions have exited retirement funds since implementation, but many still have questions, such as how the system will affect one’s retirement as well as tax concerns.

PIC chasing more than returns

Reminds stakeholders that its mandate is wider than absolute investment returns, but it still has a huge impact on the JSE.

Absa Bank partners Tidal Rave to empower young entrepreneurs

This year marks the second collaboration between Absa and the Tidal Rave Festival.

Prudential acquires 100% stake in Prudential Zenith Life Insurance

As a reminder, the British group acquired, in 2017, a 51% stake in the capital of Zenith Life Insurance

Good news for interest rates in South Africa – what to expect

The bank’s modelling shows a total 150bp cut between September 2024 and March 2026, with small snips to rates hitting every other Monterary Policy Committee (MPC) meeting (three out of six) in 2025.

Investors Lose N187bn as Stock Market Commence October on Negative Note

Meyer followed with a gain of 9.94 per cent to close at N8.52

Investors Remain Wary of South Africa Rally, Top Bank's CEO Says

The formation of a government of national unity, led by President Cyril Ramaphosa after May elections, sparked renewed confidence in local markets as the coalition includes parties considered business-friendly such as the Democratic Alliance.

W’Bank partners ministry on maritime sector development

In his response, Oyetola while appreciating the team for the visit, informed them of the steps taken to tap the country’s marine and blue economy resources.

The big plan to grow South Africa’s economy by at least 3%

“We are setting out stretched goals, but the prize is big, and if we keep our heads down, it really can be done,” said Gore.

South Africa chasing after UK investors

Total infrastructure investment envisaged by the South African government over the next three years amounts to R943 billion

Soaring NPLs threaten banking sector — Up 4.3% YoY to 24.3%

Some players within the business community have attributed the phenomenon to the present economic conditions

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