Managers of Wealth Africa

South Africans kiss work from home goodbye

According to Irvine, in-person interactions are still highly valued and, in some cases, more important than ever.

Momentum expects big earnings jump

The group said that its strong operational performance delivered robust earnings across all of its business units.

2025 FICS SUMMIT: African Development Bank champions value-chain approach to bolstering private investment in infrastructure

The Alliance for Green Infrastructure in Africa is trying to raise $400 million for project development and $100 million for project preparation to scale up green infrastructure development, Quaynor emphasized.

Finance, insurance sectors add 6.22% to real GDP growth

This was indicated in the fourth quarter GDP report released by the National Bureau of Statistics on Tuesday.

Standard Bank & African Development Bank Empower SMMEs & Trade

The investment aims to support up to 4,000 businesses, promoting inclusive economic development and job creation and contributing to economic resilience.

A modest uptick in Nigeria’s oil output

With the latest increase in production level, the nation’s oil production volume has now recovered back to a level not seen since Feb ’21

M/m rise in gross federation revenue receipts

The revenue composition reveals that oil revenue and non-oil revenue accounted for approximately 22% and 78%, respectively

How much money you would have if you invested R1,000 in Shoprite, Woolworths, and Pick n Pay in 2015

Although all three groups provide essential goods to customers, their fortunes have varied dramatically since 2015.

Competition Tribunal approves Hollard's acquisition of Lombard Insurance

The Competition Tribunal said that following the implementation of the proposed merger, Hollard will have sole control of the target business.

Investors stake N2.41tn in treasury bills auction

The CBN allotted N34.77bn, while the top rate dropped to 17 per cent, lower than the 18 per cent in the previous auction.

One of South Africa’s biggest companies technically insolvent

Cell C’s technical insolvency is not new, but the group’s position has worsened compared to the prior six-month period, where its negative equity was -R3.2 billion.

Inflation drop: Experts demand lower interest rate

The NBS on Tuesday declared that Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the Consumer Price Index.

SA budget under added scrutiny given Trump aid tensions

The country’s path toward fiscal consolidation is now in the context of ‘a very uncertain world’.

Female owned businesses secured a larger share of loans in 2024 – Bank of Ghana

Similarly, loans to male borrowers and male-owned businesses rose modestly by 14.3 percent, from 8,782 in Q4 of 2023 to 10,037 in Q4 of 2024.

South Africa must take bold steps

Steps it could take to achieve this include wage discipline, accelerating reforms at struggling state-owned enterprises and tighter control of government procurement

Finance Minister Enoch Godongwana wants R300 billion more from South African taxpayers

The finance minister uses his Budget Speech to indicate the allocation of financial resources to the national government’s priorities.

Sequential decline in domestic debt service cost

The primary reason was a noticeable decline (-25% q/q) in the interest cost on FGN bonds

A m/m reduction in Nigeria’s gross official reserves

The decrease in January is significant, as it marks the sharpest attrition in the reserves position since Apr ’24

The start of the NHI in South Africa

Motsoaledi said that this was a deliberate and strategic move, ensuring that the chosen sites play a critical role in the scheme’s success.

Prudential considers listing India's ICICI Prudential Asset Management

It means Prudential is now focused on Asian and African markets.

Alternative Investments