Managers of Wealth Africa

IFC Partners Deutsche Bank To Boost Trade Finance In Africa

Under the facility, IFC will provide risk participation in a portfolio of trade transactions originated by Deutsche Bank with local issuing banks in Africa.

See Krutham’s list of top SA wealth managers and private banks for 2024

The specialist research firm’s awards are based primarily on client ratings.

Ghana expects $360m IMF third tranche July 1 – Finance Minister

“Greater focus on reforms aimed at private sector development is needed to foster inclusive growth and poverty reduction,” the IMF Deputy Managing Director, said.

Just approved for Nigerians, Salaries and payments can now be made in Dollars

Regardless of what you do for work, you can benefit from this opportunity.

The rising trend in domestic debt service

The figure marks the highest domestic debt service payment recorded for the first quarter in our data history.

Australia is tapping skilled South Africans to fill these jobs – with one paying up to R3.6 million

Additionally, the higher proportion of professional group occupations in shortage was largely driven by health and ICT professionals.

The most complained about insurers in South Africa

This represented a decline of 16.7% and 5.8%, respectively, compared to the prior year and indicated that there had been a return to pre-Covid levels.

Sustained rise in Nigeria’s debt profile

The significant q/q growth is mainly attributed to the devaluation of the naira

Capitec life cover hits the market

The bank says its life insurance product premiums will not increase annually.

Otedola buys additional 2.22% shares as stakes in FBN Holdings

With this latest purchase, Otedola’s shareholding in the bank has increased to 11.63 per cent, solidifying his position as the largest shareholder.

Money flooding back into South Africa

These parties account for over 70% of the National Assembly’s 400 seats.

Meet South Africa’s millionaire property CEOs – earning R254,000 a day

These factors can hinder growth, increase costs, and put a lot of pressure on the CEO’s role.

IFC partners with FirstRand Bank to expand green building and affordable housing finance in South Africa

IFC will also provide capacity building to FirstRand’s appraisers, loan officers, and internal teams, and to its construction partners. IFC will advise on FirstRand’s product development, as needed.

Big turn for real estate in South Africa as confidence jumps

“Despite facing many headwinds, the respondents in this subsector remain relatively upbeat.”

Services sector highest driver of Ghana GDP to 4.7%

The GDP share of Industry and Agriculture were 30.6% and 23.8%, respectively.

Private businesses pulling billions out of South Africa

This marks a notable 6.6% decline from the second quarter of 2023, a period when investment levels had finally surpassed pre-pandemic levels for the first time since the onset of the lockdown.

UNDP, World Bank call on Botswana to allow private sector to lead economy

"There is a need for the government not to create more state-owned enterprises but allow the private sector to take the lead," said Wang

Global inflation remains on a mixed trend

The lower inflation reading was mainly driven by reduction in energy costs.

Artificial growth in merchandise trade

The total merchandise traded comprised export

Trouble for homeowners in South Africa – even in complexes and estates

Lightstone highlighted that properties are selling for much less than owners had anticipated.

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