Managers of Wealth Africa

South Africa business activity falls in June, S&P PMI shows

The ANC opted to rule in a government of national unity with 10 other political parties and markets spent much of June awaiting the composition of President Cyril Ramaphosa's Cabinet.

Two well-known South African companies in deep trouble

Many businesses are struggling in the South African economy.

Fidelity Bank Urges Customers To Participate In Public Offering

Fidelity Bank has achieved a cumulative average growth rate of 64% in the last three years.

Julius Berger Inaugurates Vocational Support Programme

He was full of praise for the female participants whom he described as extremely lucky and deservedly so.

Stanbic IBTC Insurance Launches Education Endowment Plan

This product ensures the protection of their children’s education, regardless of life’s uncertainties

Lower m/m net trade surplus driven by higher imports

The CBN’s monthly trade performance data is provisional and subject to revisions in subsequent monthly reports

A m/m rise in federally collected revenue in January

It is important to note that there are often slight variations in the data series provided by the CBN

Africa Specialty Risks officially opens office in Dubai International Financial Centre

ASR Middle East will solidify its ties in the Emirate and the wider region

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.

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