Managers of Wealth Africa

Investec targets ‘billions of dollars’ for new ESG-themed fund

Investec’s new Global Sustainable Equity fund will prioritise investment in companies aligned with the UN Sustainable Development Goals

Old Mutual prepares as Covid-19 claims worse than expected

The company has increased its Covid-19 provision by ZAR2 billion, at June 30, "to take into account the emerging expectations of wave 3 and 4 as well as potential future waves".

Zimbabwe May Tap Private Creditors to Pay Evicted White Farmers

State agreed to pay $3.5 billion compensation for seized land

CITITRUST Wins Global Banking & Finance Awards

The firm was also recorgnise for its strong corporate governance, innovative financial solutions, first-class investment services, and highly skilled financial advisors.

Our debts will keep rising, revenues declining – FG

The Director-General, DMO, Patience Oniha, while explaining some of the points in the presentation earlier made by the Minister of Finance, Budget and National Planning, Zainab Ahmed, noted that the debt stock would keep increasing as revenue is declining

Aisha Sudally: ARIE Finance continues to build its digital ecosystem and marketplace

This year, in terms of growth, they have landed with the Chinese AMAC private fund management license, they are opening the UK and European service offering and will be adding to its global footprint, the capabilities and beyond.

Challenges of governance and succession; A focus on the integration of the NexGen in Family-Owned Businesses in Kenya

These businesses are also the engines of growth in the economy and are key to realising Kenya’s Vision 2030

TrustBanc Closes Second Tranche of N10bn Debt Issue

“The presence of large institutional investors in the order book for this unsecured instrument confirms that TrustBanc Holdings is seen as a trustworthy counterparty by the market, ”

Pension scheme returns double on resurgent NSE

The top four listed companies by market capitalisation — Safaricom, Equity Bank, EABL, and KCB — have seen their share prices rise by between 16 and 35 percent since January.

PenOp pledges support for pension firms, workers

According to Barrow, leadership development has to be prioritised for satisfactory business outcomes in an ever-changing work environment.

Total pension assets will hit N20tn by 2023 – Report

The report also added that the industry’s annual contributions, over the last five years, had averaged N699bn while withdrawals had averaged about N341bn, translating to a net annual contribution of N347bn and accounting for 26.6 per cent of the ind

Stanbic's half–year profit up 34.6 per cent

Closes the period at Sh3.5 billion.

Business Talk – In conversation with Shergeran Naidoo from BankservAfrica

With the rising cost of living in South Africa – thanks to fuel hikes, food price increases and electricity well above inflation – the needle on take-home pay in the country has hardly moved over the last 4-5 years.

Sanlam seeing ‘significantly more death and funeral claims’

Claims in its individual life unit hit R4.75bn last year, with a 60% increase in funeral claims alone, largely attributed to Covid-19.

South Africa Investment Industry Backs Early Pension-Access Plan

‘Two-bucket’ system proposed to safeguard retirement savings

Zurich's life sales growth in EMEA 'mainly driven' in five countries

The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.

South Africa's Absa, African Rainbow launch renewables investment platform

Starting with a total of 31 renewable energy assets from the founding partners, African Rainbow Energy will invest in projects including solar, wind and battery storage.

Property industry lost a dealmaker extraordinaire in Investec's Sam Hackner

"His values, passion and clarity of thought became entrenched in the fabric of the business, proving invaluable and contributing to the success and growth of the Fund for over ten years," wrote Investec Property Fund when it announced his passin

How South African SMEs can position themselves for growth

The good news is that wherever your SME is in its growth curve, affordable cloud-based business solutions and ecosystems make backend process support — previously reserved for larger companies — available to even the smallest sole proprietor,

How South Africa could pay for a universal basic income

The question is then not about whether a UBIG should be implemented, but rather how it should be designed and financed.

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