Managers of Wealth Africa

SA hedge funds tackle ‘cowboy image’

Hedge funds sometimes use short-selling, borrowing and derivatives

S.Africa cbank says not aware of talks to make platinum reserve asset

But the SARB made clear it was cool on the idea.

Indian Companies Stake Claim to African Vehicle Market

The equipment was acquired at a cost of US $50 million secured from India's Exim Bank.

Trader Promises Price War to Undercut Africa's Biggest Exchange

Our value proposition is about giving people a choice and a high-performance platform with top-end technology and a material reduction in price.

Sanlam lines up nearly $200 million for acquisitions

Sanlam has nearly $200 million lined up for acquisitions, it said on Thursday, as South Africa's largest insurer looks for new streams of income to offset slowing growth at home.

CFS launches funds to cope with market downturns

CFS general manager for products and investments Peter Chun said a lot of thought had gone into the new Sanlam products.

Sanlam cash to bolster offshore assets

This the surplus capital could be utilised to help them grow; for bulking up in the countries where they operate.

Africa: Ethiopia First to Launch Climdev-Africa Special Fund Project

Improved service delivery and cost recovery systems as a result of the project, are expected to generate additional income for the Government to ensure the future sustainability of the system together with the National Meteorological Agency.

Offshore exposure helps property firms meet targets

Many of them managed to deliver inflation-beating distribution growth, often in the double digits.

The African Development Bank expands the African Bond Index

Botswana and Namibia join index family bringing transparency to most liquid African bond markets.

African entrepreneurs advise Commonwealth governments on bitcoin

The working group issued a number of recommendations to Commonwealth governments on issues surrounding virtual currencies such as bitcoin.

Aveng Group nets R1.1bn from sale of the majority of its South African properties to Collins Property Group

This property transaction forms an important part of Aveng’s plan to strengthen its financial position and reduce debt.

Hedge funds: time to exit or do they still have a place? by Paul Wiseman, Maitland

The violent intra-day market volatility seen in the past two weeks has caused widespread panic and has undoubtedly seen many investors making irrational and emotionally-driven decisions.

South African insurance group negotiates purchase of assets in Angola

The group’s weak growth in South Africa is the basis for the decision to expand to Angola

First two projects of Africa Climate Change Fund approved

The newly established Africa Climate Change Fund (ACCF) has approved its first two projects in the past month.

Whither the $200million entertainment fund?

The funds were kept with the Bank of Industry for disbursement t

Accelerate buys Old Mutual stake in Portside building

Old Mutual effectively owns half of the building

Nedbank CEO Says Market Slump May Persist Until U.S. Rates Rise

South African stocks also declined, plummeting the most in more than five years as global commodity prices sank and threatened to weigh on the country’s already weak economic growth

Sanlam Emerging Markets said Kenya

SANLAM Emerging Markets says it is looking to expand into Zimbabwe in the next year or two after its Kenyan subsidiary made an acquisition in a short-term insurance business in the east African country.

Forex Trading in Nigeria Is Out of the Dark Ages

Fowope offers a candid assessment of Nigerian FX after the Central Bank of Nigeria came to observe the local industry for the first time.

Alternative Investments