Managers of Wealth Africa

SA cannot afford to miss its energy transition opportunity

South Africa has an advantage if it can move fast to lock-in progress on the energy transition, Old Mutual Alternative Investments CEO Paul Boynton has said.

British banks exit Africa as unstable currencies and ‘risks’ raise costs of operations

“At the same time political pressures led to the imposition of regulatory restrictions on interest rate increases, imposition of fees and other actions that would ordinarily be available to defend liquidity and capital, if not profitability,”

Estate planning has suddenly become a matter of urgency for South Africans

Covid is one reason, but South Africans are also becoming aware of the potential hazards of poor estate planning in passing on wealth to the next generation.

East Africa's economic growth to rise to 4.1% in 2021: AfDB

The report by the pan-African bank reviews the economic performance of countries, including Burundi, Ethiopia, Kenya, Rwanda, Sudan, Tanzania and Uganda.

Namibia plans sovereign wealth fund

Bloomberg reported the comments, citing an October 25 interview Shiimi gave to the Namibian Broadcasting Corporation.

Equity set to spend Sh500bn on Kenya, South Africa businesses

The bank is eying the South African firms also to establish its presence in the market without setting up physical branches, and raising competition for other commercial banks such as Absa Bank and Standard Bank.

Buhari: how we are attracting investors

Apart from the economy, Buhari spoke on his administration’s efforts to tackle corruption, climate change, COVID-19, and how to stem global social unrests and violent crises.

Nigeria multinationals: Bring home the profits

Businesses become multinational when they have a branch or branches outside the shores of their country of origin.

Why Prudential moved Africa hub from London to Nairobi

“There’s also recognition on the side of the Kenyan government that this is an African regional office that would allow us to recruit a proportion of people from across the markets that we operate in.”

MTN to Invest N89.999bn Series II Bond Proceeds in Network Expansion, Paid N93.66bn Tax in 2020

Kadri stated that the bond issuance would reinforce MTN Nigeria’s strategy of diversifying its funding sources.

How China’s slowing economy will affect African countries

The South African rand has long served as a sort of early warning system for investors to gauge the impact of Chinese economic news.

South Africans are buying apartments in Mauritius – here’s how much a residency-by-investment costs

Haller said that South African buyers in the development are a mix of families seeking security for their children as well as the 50+ generation looking for a secure retirement residency destination.

Africa’s glass half-full by FBNQuest Capital Research

The international response to the pandemic has been poor in his view, when compared with the response to the global financial crisis

South Africa's pension system gets a C-grade. Where is it going wrong?

South Africa scored 53.6 out of possible 100 points.

Nation Brand Forum seeks strategies to rebuild South Africa after Covid-19

Brand South Africa’s Nation Brand Forum in September brought together business leaders and policymakers to reflect on the state of the nation and how to rebuild the economy.

Africa is open for business despite the pandemic

Each of the 54 African countries represents its own unique challenges and opportunities, says Tshepo Ncube (Absa Group).

Ventures Platform, Hustle Fund back Nigerian fintech Brass in $1.7M round

Akindolu’s work at Kudi opened his eyes to the problems small and medium businesses face in Nigeria.

SA inflation rises to fourth-month high, meets forecasts

Traders held interest rate bets.

Are SA investors underestimating the EM opportunity?

South African asset allocators have traditionally been reluctant to allocate to emerging markets, but are they missing out?

Morocco’s Encouraging Economic Prospects Amid Turbulent Regional Context

As the MENA region grapples with the COVID-19 crisis, Morocco continues to make dynamic economic moves in the region but must push further past the edge of the envelope.