Managers of Wealth Africa

NCBA, Stanbic, Co-op bag Sh31 billion pension deal

All top banks officially registered as custodians of pension funds had tabled applications for the contract.

Businesses needed funding, and Retail Capital saw an opportunity as banks turned their backs

One of the qualifying requirements of the loan guarantee scheme was that businesses that apply must have been in good standing with their banks at end-February 2020.

Singaporean Businesses in Africa Double in Last Five Years

According to the Chairman, ESG, Mr Peter Ong, “In Singapore, COVID-19 reminded us of the limitations of our small domestic market and underscored the importance of building businesses beyond our shores.

Explainer | How SA's economy became R550bn bigger in a single day

This is the result of an overhaul of the way it calculates the gross domestic product, which measures all the activity in an economy in a single year.

How Mauritius can help realise the collective dream for sustainable growth

The dream or vision of that future is positively informed by an increasing appetite for and focus on environmental, social and governance (ESG) issues by the government and businesses in Mauritius.

The outlook for SA fixed income: With all the risks, is there value?

‘From an investment perspective the bond market, while it’s not the best it has been over the last year, is certainly better than it’s been over the past decade’: Peter Kent – co-head of SA & Africa Fixed Income, Ninety O

Pay Salaries/Pensions – Entrepreneurial strategy

Most political figures want to accumulate money as ‘Salaries And Perks ‘-SAP and ‘Life Perks and Pensions’ and also for cronies, political hangers-on.

Austen Morris co-founder seals Mauritius adviser firm deal

They are the perfect institution to take over, and I have no doubt that each client will benefit enormously from their professionalism and global expertise.

Export of Gold and Gems to be Subject to Certificate of Origin in Mozambique

The introduction of the certificate seeks to conform the transactions of this type of national products with international practices.

IFC, Rwanda Capital Markets Authority and Central Bank Join Forces to Boost Access to Long-Term Finance for Small Businesses

Liquid, diverse and well-regulated local capital markets are an essential source of local-currency financing for the government, financial sector participants, and end users such as small businesses.

HSBC successfully lands complex deal for customer to raise MUR 5bn on the market

Proceeds from the transaction were used to repay FTPT’s existing loan facility from HSBC, and to provide funding for its ongoing operations.

Highlights of the Q2 earnings season - FBNQuest Capital

On average, the non-financials reported a positive revenue surprise of c.+15%

First Islamic Bond Is Oversubscribed

The company issued the bond to grow its loan portfolio under sharia principles.

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

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