Managers of Wealth Africa

Steady increase in external reserves

Excluding brief depletions in both Apr and Aug ’24, the gross reserves have steadily increased since the beginning of the year

Big work from home shift in South Africa

This can already be seen as, so far in 2024, real estate investment trust (REIT) returns are up in excess of 50%.

The 4 jobs hit with double-digit pay cuts in South Africa

Technological advancements provide a clear example of how demand impacts salaries.

Afreximbank close to deals with two local banks

Mwaba said Namibia has not had the opportunity to host this event before.

African Development Bank wins prestigious award for its innovative Adaptation Benefits Mechanism

The African Development Bank is already implementing demonstration projects

H1: Banks’ Average NPL Ratio Maintains Downward Slide Despite Inflation, Interest Rate

The hike in inflation rate has seen the Central Bank of Nigeria (CBN) under Mr. Yemi Cardoso raise the monetary policy rate (MPR) five times in an effort to curb the menace and promote economic stability.

African insurance sector has capacity to drive continent’s growth — Elumelu

Speaking on the global outlook for the insurance industry, Elumelu said that insurance penetration remains under 3% in Africa, which falls short of the global average of 7.4%.

How salaries have changed in South Africa: 2018 vs 2024

Pnet explained that salaries usually depend on skill levels for specific hard and soft skills as well as years of experience in a particular role or job sector.

Africa purchases what it produces, but at a higher price

These imports include raw minerals such as crude oil, diamonds, gold, iron ore, natural gasses and agricultural products.

How South africa is earning over R200 per person by doing nothing

Globally, countries like India, Mexico, and the Philippines are among the top recipients, with Egypt and Nigeria ranking seventh and ninth, respectively.

Corporate credit demand rises amid improving business conditions, reports Nedbank

De Kock says credit demand was muted throughout most of 2023 due to macroeconomic constraints, including persistent load-shedding.

SA debt spikes 250%, but GDP up by only 105%

The country’s debt has risen from R1.6trn to R5.6trn in a decade – and now stands at 75% of GDP.

Q3’24: Unilever Nigeria records 46% growth in turnover to N103.8bn

Unilever Nigeria will continue to strengthen its operations in the country

EY-Parthenon Real-World Strategy Dialogues – BCX CFO Cheryl-Jane Kujenga on allocating capital to innovation

Kujenga then reveals the five key areas that innovative organisations focus on, as well as the key imperatives for BCX.

FBN Holdings secures top spot as best workplace in Nigeria

The subsidiaries of the holding company also enjoyed their share of the recognition and achievement at the grand ceremony

Stanbic Bank invests in future with new Youth Banking Proposition

Head-Private and Personal Banking, Stanbic Bank Ghana, Ben Mensah elaborated on the new youth banking proposition’s purpose.

IGR rising but still falling short

The balance of NGN478bn was mainly revenue generated by state ministries, departments, and agencies (MDAs).

UBA plans new investments in Africa

Akinyemi also highlighted the bank’s dedication to nurturing Africa’s youth talent through entrepreneurship.

A modest rise in the deficit on the services account

This follows our previous note on the BoP

Higher trade surplus driven by reduction in imports

The trade figure comprises export and import trade positions of USD13.9bn and USD9.5bn, respectively.

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