Managers of Wealth Africa

Bank of Africa teams up with Bank of Palestine to boost economic ties

The partnership aims at boosting trade and investment flows between Morocco and Palestine

South Africa’s biggest companies trust Codehesion with their software and app development – This is why

Its areas of expertise include custom software development, mobile application development, design, maintenance, project management, team augmentation, and training.

Equity market opens May with N303bn for investors

This marked the second consecutive day of positive trading on the local bourse.

Pension fund records first dip in 18 months

Before this dip, the pension funds enjoyed an upswing for over a year.

‘Volatility of customs duty’s forex rate hurting economy’

He said the frequency of the changes in the duty rate has led to high volatility in cargo clearing costs

A q/q reduction in external debt service cost

The data shows that the federal government of Nigeria's (FGN) total external debt obligations decreased

African business leaders converge on Lagos for leadership awards

Ndukwe added that the summit would also feature training, networking, presentations, and the awards ceremony, where outstanding brands will be recognised.

Modest q/q rise in external debt

Based on standardised metrics, the total external debt is equivalent to c.16.6% of 2023 GDP.

Brazil signs Lusophone Compact agreement to boost private sector in Africa

Brazil engages Africa with its heart—Adesina

Domestic debt stock still on the rise

The sharp y/y rise in the FGN’s debt profile can be attributed to the inclusion of the securitized ways

South Africa's Capitec Bank reports 16% rise in FY profit

Capitec said it began relaxing its credit-granting criteria in late 2021

The rand could hit R21.40 to the dollar in 2024, warns Investec

Domestically, risk aversion is high ahead of the May 29th elections.

Ghana deal with bondholders 'a matter of time', says IMF official

The cocoa-, gold- and oil-producing country turned to the IMF for financial support in 2022

Warning for retirees in South Africa

This protects one’s capital while ensuring that the bulk of the money can keep growing over the long term.

Businesses in South Africa are struggling with the ‘new normal’

One major shock could have the potential to push these businesses over the edge.

Big shake-up coming for the JSE in South Africa

South Africa’s main stock exchange has been losing listings as companies grapple with difficult regulatory and funding conditions, making it less attractive to raise capital through initial public offerings.

Apex Group further expands South African footprint with ManCo acquisition

The acquisition of IPMC was subject to regulatory approval and customary closing conditions

African Development Bank, GIABA combat money laundering and terrorism financing in Africa through new project

Cherif commended the long-standing collaboration between GIABA and AfDB which includes training sessions for its member countries and technical assistance.

Consumers under pressure in South Africa – with relief still a while away

The South African Reserve Bank recently reaffirmed its battle to combat high inflation

How SA’s middle class lost their wealth over a decade

Most of it is tied up in physical property and retirement savings, both of which have underperformed.

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