Managers of Wealth - Africa https://africa.managersofwealth.com/ Mon, 15 Dec 2025 13:45:59 GMT part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP Over 40 jobs that pay more than the average salary in South Africa News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41713/over-40-jobs-that-pay-more-than-the-average-salary-in-south-africa Bonuses paid to employees increased by R6.2 billion or 10.9% from R56.7 billion in June 2025 to R62.9 billion in September 2025. Wealth and Asset Management Investec named South Africa’s Bank of the Year 2025 by The Banker News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41701/investec-named-south-africaamprsquos-bank-of-the-year-2025-by-the-banker Earlier this year, The Banker also recognised Investec as the Best Performing Bank in the UK in its Top 1000 Global Banks ranking Wealth and Asset Management Standard Chartered deepens digital wealth push across EMEA News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41702/standard-chartered-deepens-digital-wealth-push-across-emea In response to increasing demand for mobile and online financial solutions, the bank continuously enhanced its wealth digital capabilities in key EMEA markets. Wealth and Asset Management East Africa: Stanchart Moves to Strengthen Wealth and Risk Management in the Region News Aggregation Team Thursday, December 04, 2025 12:00 am https://africa.managersofwealth.com/article/41660/east-africa-stanchart-moves-to-strengthen-wealth-and-risk-management-in-the-region The collaboration builds on the bank's sponsorship of the annual CFOs East Africa Awards 2025 and introduces a dedicated advisory pathway to help CFOs safeguard and grow both corporate and personal assets. Wealth and Asset Management DIFC strengthens global family wealth hub status with new programmes and partnerships News Team Wednesday, November 19, 2025 12:00 am https://africa.managersofwealth.com/article/41568/difc-strengthens-global-family-wealth-hub-status-with-new-programmes-and-partnerships During the event, DIFC unveiled several landmark initiatives and partnerships set to reinforce Dubai’s position as the MEASA region’s premier destination for family wealth, next-generation leadership and succession planning Wealth and Asset Management Nedbank Private Wealth launches NexLegacy initiatives to tackle the wealth transfer challenge News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41533/nedbank-private-wealth-launches-nexlegacy-initiatives-to-tackle-the-wealth-transfer-challenge Nedbank Private Wealth is now addressing this issue with the launch of its NexLegacy initiative – an innovative approach designed to teach children* from high-net-worth families how to build, protect, and grow wealth throughout their lives. Wealth and Asset Management NCBA shares cheat sheet on generational wealth transfer with customers in Nanyuki News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41439/ncba-shares-cheat-sheet-on-generational-wealth-transfer-with-customers-in-nanyuki The initiative is central to NCBA’s strategy to strengthen its Platinum Banking and Retail Wealth Management Value Proposition by offering structured advisory services. Wealth and Asset Management Global Finance Names The World’s Best Private Banks 2026 News Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41430/global-finance-names-the-worldamprsquos-best-private-banks-2026 Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders. Wealth and Asset Management Sanlam Morocco positions itself in the wealth management market News Aggregation Team Wednesday, October 15, 2025 1:00 am https://africa.managersofwealth.com/article/41368/sanlam-morocco-positions-itself-in-the-wealth-management-market The new offering combines asset management, wealth engineering, private equity, real estate, and discretionary management Wealth and Asset Management R253 million payday for billionaire Johann Rupert News Aggregation Team Wednesday, September 24, 2025 1:00 am https://africa.managersofwealth.com/article/41254/r253-million-payday-for-billionaire-johann-rupert Rupert has 7,553,865 ordinary shares in the company through a controlled associate and controls 39,056,987 B-shares through Rupert Beleggings Proprietary Limited. Wealth and Asset Management Emebet Melese Ousted as Development Bank of Ethiopia President, Officials Confirm News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41709/emebet-melese-ousted-as-development-bank-of-ethiopia-president-officials-confirm Emebet, appointed president in October 2024, previously served as chief executive of Nib International Bank and held senior roles at the Commercial Bank of Ethiopia. Executive Moves CMB Appoints MD News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41679/cmb-appoints-md He is a fellow of the combined body of the American Institute of Certified Public Accountants and the Chartered Institute of Management Accountants (UK) and honorary fellow member of the Chartered Institute of Bankers of Nigeria. Executive Moves PSG scoops Johann Els as group chief economist News Aggregation Team Friday, December 05, 2025 12:00 am https://africa.managersofwealth.com/article/41668/psg-scoops-johann-els-as-group-chief-economist Ending his tenure as group chief economist at Old Mutual. Executive Moves Former Capitec CEO Gerrie Fourie appointed to new role News Aggregation Team Tuesday, December 02, 2025 12:00 am https://africa.managersofwealth.com/article/41637/former-capitec-ceo-gerrie-fourie-appointed-to-new-role The appointment was effective 27 November 2025 Executive Moves Central Bank appoints resident inspector at Access Bank Mozambique News Aggregation Team Tuesday, December 02, 2025 12:00 am https://africa.managersofwealth.com/article/41642/central-bank-appoints-resident-inspector-at-access-bank-mozambique “Despite this supervisory action, Banco de Moçambique communicates that Access Bank Moçambique SA remains solid and stable,” it adds. Executive Moves Santam Insurance appoints Philile Mkhize as new Chief Operating Officer News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41537/santam-insurance-appoints-philile-mkhize-as-new-chief-operating-officer Throughout her career, she has contributed her expertise to several prominent organizations, including Liberty Group South Africa and Absa Group. Executive Moves Deutsche Bank strengthens investment banking team with new DCM director News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41519/deutsche-bank-strengthens-investment-banking-team-with-new-dcm-director Deutsche Bank, which caters to its clients in CEEMEA from Dubai and London, is actively expanding its Investment Banking division Executive Moves Dr. George Elombi takes over as Afreximbank’s fourth President, pledges deeper impact News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41438/dr-george-elombi-takes-over-as-afreximbankamprsquos-fourth-president-pledges-deeper-impact He pointed out that the structure of global trade was disfavourable to Africa and therefore, had to change as it was too dependent on the export of commodities Executive Moves CapitalSage Technology announces Ude as new CEO News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41428/capitalsage-technology-announces-ude-as-new-ceo With his appointment, Ude will lead the Group’s financial services businesses Executive Moves Julius Baer names Middle East CEO News Aggregation Team Thursday, October 23, 2025 1:00 am https://africa.managersofwealth.com/article/41415/julius-baer-names-middle-east-ceo The Swiss pure-play has given its current head of Middle East and Africa the additional role of CEO. Executive Moves Dentons strengthens pan-African reach with launch in Senegal News Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41647/dentons-strengthens-pan-african-reach-with-launch-in-senegal “Our firms were brought together by a mutual vision for excellence and a deep commitment to delivering world-class legal services,” said Kate Barton, Global CEO. Legal Court orders N1.07bn payment to ex-Kogi deputy gov News Aggregation Team Tuesday, December 02, 2025 12:00 am https://africa.managersofwealth.com/article/41639/court-orders-n107bn-payment-to-ex-kogi-deputy-gov UBA had argued that the money was sourced from the World Bank for environmental projects across northern states and was therefore unavailable to settle the judgment debt. Legal African Development Bank Group debars Yessan Sarlu and Ayitévi Amadote for 18 months for Fraudulent Practices News Team Tuesday, December 02, 2025 12:00 am https://africa.managersofwealth.com/article/41640/african-development-bank-group-debars-yessan-sarlu-and-ayitampeacutevi-amadote-for-18-months-for-fraudulent-practices During the debarment period, Yessan Sarlu, Mr. Ayitévi Yao Mawulolo Amadote, and all entities under their control will not be eligible to participate in African Development Bank Group-financed activities. Legal Alleged $1b debt claim: First Bank, Access Bank, Zenith Bank MDs risk imprisonment over disobedience of court order News Aggregation Team Monday, November 24, 2025 12:00 am https://africa.managersofwealth.com/article/41591/alleged-1b-debt-claim-first-bank-access-bank-zenith-bank-mds-risk-imprisonment-over-disobedience-of-court-order The suit concerns a high-stake dispute involving onshore oil asset and the FSO Ugo Ocha, linked to interests in the OML 42 Joint Venture, in which the Federal Government owns a 55 per cent share. Legal Another international giant quits South Africa News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41545/another-international-giant-quits-south-africa The South African business will become an independent law firm on March 31st 2026, following a structured transition. Legal Cybersecurity Bill aims to protect, not restrict free expression – Mahama News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41510/cybersecurity-bill-aims-to-protect-not-restrict-free-expression-ampndash-mahama He said the bills before Parliament were not meant to restrict expression but to safeguard citizens and uphold truth in the digital realm. Legal Alleged N9.5b debt: Court restrains banks from dealing with Indian businessman, firms News Aggregation Team Friday, November 07, 2025 12:00 am https://africa.managersofwealth.com/article/41507/alleged-n95b-debt-court-restrains-banks-from-dealing-with-indian-businessman-firms Goswami and his firms are alleged to be indebted to First City Monument Bank (FCMB), Union Bank Plc, and United Capital Trustees Limited. Legal South Africa’s most valuable bank in serious trouble News Aggregation Team Friday, November 07, 2025 12:00 am https://africa.managersofwealth.com/article/41508/south-africaamprsquos-most-valuable-bank-in-serious-trouble FirstRand appealed this ruling to the UK Supreme Court, arguing that motor dealers should not owe fiduciary duties to consumers and that its past practices were compliant with then-existing laws. Legal Lotus Sues 45 Banks Over N1.3bn Lost To System Failure News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41447/lotus-sues-45-banks-over-n13bn-lost-to-system-failure The bank further claimed that during the period of system failure, 718 customers successfully executed withdrawals and transfers, despite knowing that they did not have sufficient funds in their accounts with the bank. Legal SARS nails one taxpayer for R46 million News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41423/sars-nails-one-taxpayer-for-r46-million The Tax Court agreed with SARS Legal OpenAI goes from stock market saviour to burden as AI risks mount News Aggregation Team Monday, December 08, 2025 12:00 am https://africa.managersofwealth.com/article/41674/openai-goes-from-stock-market-saviour-to-burden-as-ai-risks-mount ‘OpenAI was the golden child earlier this year, and Alphabet was looked at in a very different light,’ said Brett Ewing. FinTech AI to reshape 40% of Nigeria’s job skills – Fidelity Bank Official News Aggregation Team Thursday, December 04, 2025 12:00 am https://africa.managersofwealth.com/article/41653/ai-to-reshape-40-of-nigeriaamprsquos-job-skills-ampndash-fidelity-bank-official He said that the global economy was undergoing a transformation comparable only to the Industrial Revolution, with AI projected to add $15.7tn to global GDP by 2030 FinTech South Africa’s top software development company helps businesses scale News Aggregation Team Thursday, December 04, 2025 12:00 am https://africa.managersofwealth.com/article/41654/south-africaamprsquos-top-software-development-company-helps-businesses-scale Codehesion only employs highly skilled and experienced software engineers, computer scientists, and project managers. FinTech Absa Launches Three New Digital Payment Solutions News Aggregation Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41644/absa-launches-three-new-digital-payment-solutions This solution empowers customers to manage cross‑border transactions on their own terms, lock in favourable currency rates, and reduce costs, all within a secure, digital-first environment. FinTech Shareholders approve merger of MobileMoney Limited, MobileMoney Fintech Limited News Aggregation Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41652/shareholders-approve-merger-of-mobilemoney-limited-mobilemoney-fintech-limited Following the approval from members, the new company will now have two shareholders — MTN Ghana Fintech Trust and MTN Dutch Holdings BV, with the latter being the majority shareholder. FinTech Nairobi and Somalia’s securities exchanges partner up to advance CX investment in East Africa News Team Monday, December 01, 2025 12:00 am https://africa.managersofwealth.com/article/41629/nairobi-and-somaliaamprsquos-securities-exchanges-partner-up-to-advance-cx-investment-in-east-africa The agreement supports a shared vision of promoting cross-border listings, investor access, capacity-building and regulatory harmonisation across the region. FinTech Discovery Bank unveils industry-first innovations: crypto trading, AI Security, and expanded rewards News Aggregation Team Monday, December 01, 2025 12:00 am https://africa.managersofwealth.com/article/41635/discovery-bank-unveils-industry-first-innovations-crypto-trading-ai-security-and-expanded-rewards These enhancements reflect Discovery Bank’s commitment to delivering a personalised, intelligent banking experience that goes beyond traditional financial services. FinTech South Africa flags crypto, stablecoins as new financial risk News Aggregation Team Wednesday, November 26, 2025 12:00 am https://africa.managersofwealth.com/article/41608/south-africa-flags-crypto-stablecoins-as-new-financial-risk South Africa has seen a surge in stablecoin use since 2022. FinTech The evolution of payments in South Africa: From cash to crypto News Aggregation Team Monday, November 24, 2025 12:00 am https://africa.managersofwealth.com/article/41589/the-evolution-of-payments-in-south-africa-from-cash-to-crypto At Binance, we see this evolution as more than just new ways to pay - it represents a fundamental shift toward financial freedom, inclusion, and efficiency. FinTech UAE announces $1bn plan to expand AI infrastructure across Africa News Aggregation Team Monday, November 24, 2025 12:00 am https://africa.managersofwealth.com/article/41590/uae-announces-1bn-plan-to-expand-ai-infrastructure-across-africa Abu Dhabi’s wider continental ambitions come as international investigations intensify into the UAE’s role in enabling RSF-led mass killings in Sudan FinTech South Africa set for biggest cash-system overhaul in decades News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41711/south-africa-set-for-biggest-cash-system-overhaul-in-decades Moving to create a cash-management company, roll out white-label ATMs and tighten oversight of how money circulates to make it cheaper and easier to access. Retail Banking Discovery Bank named South Africa’s most loved bank – with record 61% net sentiment News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41714/discovery-bank-named-south-africaamprsquos-most-loved-bank-ampndash-with-record-61-net-sentiment Clients commended Discovery Bank’s service responsiveness, helpful staff, and high-quality support Retail Banking Goodbye cash and ATMs as you know them in South Africa News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41716/goodbye-cash-and-atms-as-you-know-them-in-south-africa The so-called Cash Smart Strategy aims to ensure physical funds remain accessible for low-income and rural communities Retail Banking UBA Group wins Banker Awards, emerges Africa’s Bank of the Year News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41693/uba-group-wins-banker-awards-emerges-africaamprsquos-bank-of-the-year The Banker’s awards are widely regarded as the most respected and rigorous in the global banking industry Retail Banking UBA Group Sweeps 2025 Banker Awards News Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41685/uba-group-sweeps-2025-banker-awards The Banker’s awards are widely regarded as the most respected and rigorous in the global banking industry, celebrating institutions that demonstrate outstanding performance, innovation and strategic execution. Retail Banking Access Bank named Nigeria’s ‘Bank of the Year 2025’ in London News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41687/access-bank-named-nigeriaamprsquos-amplsquobank-of-the-year-2025amprsquo-in-london The accolade, announced during a high-profile ceremony at the Peninsula Hotel, followed a rigorous global evaluation that reviewed over 1,000 entries from banks in more than 120 countries. Retail Banking Access Bank and NBK consolidate women-focused banking under new ‘W Initiative’ News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41677/access-bank-and-nbk-consolidate-women-focused-banking-under-new-amplsquow-initiativeamprsquo The launch marks a significant operational shift for the two lenders—both subsidiaries of Access Bank PLC—as they attempt to streamline their product offerings. Retail Banking Hybrid Banks call on NBE to revise NPL limits News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41678/hybrid-banks-call-on-nbe-to-revise-npl-limits They argue that the current uniform 5% NPL cap for all commercial banks stifles lending to the agricultural sector, compromising efforts to expand financial access where it is most needed. Retail Banking Union Bank MD urges auditors to tackle cyber risks News Aggregation Team Monday, December 08, 2025 12:00 am https://africa.managersofwealth.com/article/41669/union-bank-md-urges-auditors-to-tackle-cyber-risks With reported losses exceeding N100bn in 2023 alone, and with the country ranked among the top global sources of cyberattacks, the risk landscape has fundamentally changed. Retail Banking Standard Bank grows revenue while keeping costs in check News Aggregation Team Monday, December 08, 2025 12:00 am https://africa.managersofwealth.com/article/41673/standard-bank-grows-revenue-while-keeping-costs-in-check In a voluntary trading update, the group said the economic environment across its sub-Saharan African markets showed easing inflation and lower interest rates. Retail Banking Rothschild & Co receives two major awards from The Banker News Aggregation Team Friday, December 05, 2025 12:00 am https://africa.managersofwealth.com/article/41661/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Investment Banking Ethiopia Adds Fourth Investment Bank as ECMA Licenses Awash Capital News Aggregation Team Thursday, November 20, 2025 12:00 am https://africa.managersofwealth.com/article/41577/ethiopia-adds-fourth-investment-bank-as-ecma-licenses-awash-capital The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry. Investment Banking Nedbank CIB crowned Best Investment Bank in SA – three years running News Aggregation Team Monday, September 22, 2025 1:00 am https://africa.managersofwealth.com/article/41237/nedbank-cib-crowned-best-investment-bank-in-sa-ampndash-three-years-running Award reinforces the institution’s role as a trusted partner. Investment Banking Goldman, Investec see room for three SA rate cuts in 2025 News Aggregation Team Thursday, July 24, 2025 1:00 am https://africa.managersofwealth.com/article/40905/goldman-investec-see-room-for-three-sa-rate-cuts-in-2025 Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August. Investment Banking Full List of 17 Licensed Investment Banks Operating in Kenya News Aggregation Team Monday, May 12, 2025 1:00 am https://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking SA banks holding their own against offshore lenders, says BDO News Aggregation Team Monday, April 14, 2025 1:00 am https://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking CardinalStone Partners Limited Completes Acquisition of Radix Pension Managers News Team Friday, February 14, 2025 12:00 am https://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking 4 banks call it quits in South Africa in 2024 News Aggregation Team Monday, December 09, 2024 12:00 am https://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking FBNQuest Asset Management Wins BAFI Award Excellence News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking HSBC leads as MENA’s top earner in investment banking fees News Aggregation Team Tuesday, October 22, 2024 1:00 am https://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking Nigeria’s economy has improved but ordinary people still feel the pinch News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41710/nigeriaamprsquos-economy-has-improved-but-ordinary-people-still-feel-the-pinch Economist offers some solutions. Alternative Investments South Africa inflation expectations eased with 3% target, Sarb says News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41712/south-africa-inflation-expectations-eased-with-3-target-sarb-says The decline in inflation expectations may encourage policymakers to cut interest rates again when they hold their next meeting in late January. Alternative Investments Business Talk – Laurium Capital’s Matthew Pouncett on why now is the time to invest in hedge funds News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41705/business-talk-ampndash-laurium-capitalamprsquos-matthew-pouncett-on-why-now-is-the-time-to-invest-in-hedge-funds He was promoted to his current role in 2019 following six years of stellar performance and execution of his responsibilities. Alternative Investments FG pushes for N17.89tn new loans to finance 2026 budget News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41696/fg-pushes-for-n1789tn-new-loans-to-finance-2026-budget The borrowing requirement is driven by a larger fiscal deficit and a weaker revenue outlook, even though overall expenditure is projected to fall slightly compared with the current year. Alternative Investments Inside Côte d’Ivoire’s Drive to Climb Africa’s Gold-Production Rankings News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41700/inside-campocircte-damprsquoivoireamprsquos-drive-to-climb-africaamprsquos-gold-production-rankings The mining pillar accounts for about 30% of the total, or roughly 11.4 trillion CFA francs in planned investment by 2040. Alternative Investments One insurance company dominates South Africa’s media sentiment rankings News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41690/one-insurance-company-dominates-south-africaamprsquos-media-sentiment-rankings Online media in South Africa is highly influential, which is why companies invest heavily in public relations and content marketing to get positive exposure. Alternative Investments Money floods into South Africa News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41691/money-floods-into-south-africa The funds will flow into the government’s reworked Budget Facility for Infrastructure, which screens and finances large-scale construction projects. Alternative Investments Absa is opening the taps News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41681/absa-is-opening-the-taps The group said that it expects stronger growth in non-interest income than in net interest income. Alternative Investments IBM to buy Confluent for $11bn to expand AI services News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41682/ibm-to-buy-confluent-for-11bn-to-expand-ai-services International Business Machines Corp will pay $31 a share. Alternative Investments Algeria: African Development Bank Group Approves New 2025–2030 Country Strategy to Support Economic Diversification and Regional Integration News Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41684/algeria-african-development-bank-group-approves-new-2025ampndash2030-country-strategy-to-support-economic-diversification-and-regional-integration The new strategy marks an important milestone in the partnership between the Bank and the Government of Algeria. Alternative Investments This is the average salary in South Africa at the end of 2025 News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41704/this-is-the-average-salary-in-south-africa-at-the-end-of-2025 The increase in earnings was driven by key industries, with the manufacturing industry experiencing the fastest growth. Comment, Analysis & Research Another positive sign for South Africa’s economy News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41695/another-positive-sign-for-south-africaamprsquos-economy Volume declines were recorded across all payment streams except PayShap. Comment, Analysis & Research Standard Bank believes foreign currency shortage may worsen News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41688/standard-bank-believes-foreign-currency-shortage-may-worsen The document also revealed that the country’s economy shrank in the first three quarters of 2025. Comment, Analysis & Research GDP expected to rebound 4.22% in Q4 –Report News Aggregation Team Thursday, December 04, 2025 12:00 am https://africa.managersofwealth.com/article/41658/gdp-expected-to-rebound-422-in-q4-ampndashreport Reacting to the economic data, CardinalStone said the dip in the Q3’25 GDP had been anticipated, given softer oil output, a consequence of fading supportive base effects. Comment, Analysis & Research Better days ahead: BoG targets 10% lending rate News Aggregation Team Thursday, December 04, 2025 12:00 am https://africa.managersofwealth.com/article/41659/better-days-ahead-bog-targets-10-lending-rate Already, the cost of borrowing has taken a significant hit, dropping from 30.07 per cent in January 2025 to 22.22 per cent in October 2025. Comment, Analysis & Research Four in 10 South Africa Small Firms to Last a Year, Survey Finds News Aggregation Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41646/four-in-10-south-africa-small-firms-to-last-a-year-survey-finds Only four in 10 small businesses in South Africa believe they can survive more than a year under current pressures without external help, little changed from the first half of 2025, a survey backed by lender Absa Group Ltd. found. Comment, Analysis & Research Another big win for South Africa News Aggregation Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41651/another-big-win-for-south-africa Key sectors of South Africa’s economy, including auto manufacturing and agriculture, were hit by the tariffs, but readings showed that the impact wasn’t as severe as initially feared. Comment, Analysis & Research Access Bank CEO Roosevelt Ogbonna outlines vision for banking in Africa at Bloomberg Summit News Aggregation Team Friday, November 28, 2025 12:00 am https://africa.managersofwealth.com/article/41621/access-bank-ceo-roosevelt-ogbonna-outlines-vision-for-banking-in-africa-at-bloomberg-summit Ogbonna further underscored the strategic advantage for African banks as many Western institutions reduce their footprint across the continent. Comment, Analysis & Research South African billionaire shares his views on Cyril Ramaphosa News Aggregation Team Wednesday, November 26, 2025 12:00 am https://africa.managersofwealth.com/article/41612/south-african-billionaire-shares-his-views-on-cyril-ramaphosa The slow economic growth has also led to extremely high unemployment levels, which many economists describe as a crisis. Comment, Analysis & Research Top bankers are the most bullish in a generation News Aggregation Team Friday, November 21, 2025 12:00 am https://africa.managersofwealth.com/article/41582/top-bankers-are-the-most-bullish-in-a-generation The upbeat mood follows a budget update that overshot revenue projections, a credit rating upgrade from S&P Global, and the removal of South Africa from the FATF grey list. Comment, Analysis & Research SARS getting access to new information about South African taxpayers News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41703/sars-getting-access-to-new-information-about-south-african-taxpayers A new global tax agreement will soon allow SARS to automatically receive detailed information about foreign immovable property owned by South African taxpayers in over 20 countries. Tax Nigeria’s tax act will boost tax administration— KGIRS boss News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41707/nigeriaamprsquos-tax-act-will-boost-tax-administrationampmdash-kgirs-boss Dr. Ichanyi promised that Kogi State Government would not relent in support of President Tinubu’s tax reform policy Tax SARS nails taxpayers for R300 billion News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41692/sars-nails-taxpayers-for-r300-billion It warned that SARS is doubling down on this aggression and is focusing on specific taxpayer segments, such as crypto traders and high-net-worth individuals. Tax SARS cutting a lifeline for these taxpayers in South Africa News Aggregation Team Monday, December 08, 2025 12:00 am https://africa.managersofwealth.com/article/41670/sars-cutting-a-lifeline-for-these-taxpayers-in-south-africa These penalties can run up to 200% of the shortfall between what taxpayers declare and what a revised assessment concludes. Tax SARS is coming after these taxpayers hard in South Africa News Aggregation Team Wednesday, December 03, 2025 12:00 am https://africa.managersofwealth.com/article/41650/sars-is-coming-after-these-taxpayers-hard-in-south-africa The CARF and CRS represent the world’s most comprehensive international tax transparency frameworks, and come into effect from 1 March 2026. Tax Metical Under Pressure, Rising Taxes, and Donor Funds Helping Sustain the State News Aggregation Team Monday, December 01, 2025 12:00 am https://africa.managersofwealth.com/article/41630/metical-under-pressure-rising-taxes-and-donor-funds-helping-sustain-the-state On the other, tax collection and the inflow of external donations have strengthened state financing, helping to mitigate immediate fiscal risks. Tax Nigeria: Rebuilding fiscal fairness through free zones, VAT, capital gains reform News Aggregation Team Wednesday, November 26, 2025 12:00 am https://africa.managersofwealth.com/article/41607/nigeria-rebuilding-fiscal-fairness-through-free-zones-vat-capital-gains-reform Other African countries were evolving. Kenya pushed its tax-to-GDP ratio to 17 percent Tax Offences and penalties in new Nigerian Tax Act (1) News Aggregation Team Wednesday, November 26, 2025 12:00 am https://africa.managersofwealth.com/article/41609/offences-and-penalties-in-new-nigerian-tax-act-1 To enforce compliance and effective implementation, some guidelines, including penalties for flouting the laws, have been put in place. Some of the penalties have been outlined below. Tax Government proposes a new national tax, and South Africa’s richest city owes Microsoft R344 million News Aggregation Team Wednesday, November 26, 2025 12:00 am https://africa.managersofwealth.com/article/41611/government-proposes-a-new-national-tax-and-south-africaamprsquos-richest-city-owes-microsoft-r344-million This indicated a potential slowdown in the economy and bolstered market expectations for a rate cut next month. Tax Tax ombud’s five-year plan is to gain greater independence from Sars News Aggregation Team Tuesday, November 25, 2025 12:00 am https://africa.managersofwealth.com/article/41598/tax-ombudamprsquos-five-year-plan-is-to-gain-greater-independence-from-sars Critical for credibility and the protection of taxpayer rights. Tax New law in South Africa bringing big changes for families and employers News Aggregation Team Monday, December 15, 2025 12:00 am https://africa.managersofwealth.com/article/41715/new-law-in-south-africa-bringing-big-changes-for-families-and-employers The ruling is seen as a significant victory for inclusivity. It can ensure that mothers are not excluded from the workforce, while still allowing them to have a parent present in the early months. Regulation,Tax & Compliance Nigeria’s wealth rooted in citizens’ creativity, not oil – Tinubu News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41706/nigeriaamprsquos-wealth-rooted-in-citizensamprsquo-creativity-not-oil-ampndash-tinubu He said his administration is poised to building citizens’ skills base to drive the country’s next phase of growth. Regulation,Tax & Compliance Reps move to regulate CBN operations News Aggregation Team Friday, December 12, 2025 12:00 am https://africa.managersofwealth.com/article/41708/reps-move-to-regulate-cbn-operations The proposed legislation, co-sponsored by the House Leader, Prof Julius Ihonvbere, and Lagos lawmaker, Jesse Onakalausi, received unanimous support during plenary. Regulation,Tax & Compliance Here is the possible National Minimum Wage hike for 2026 News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41694/here-is-the-possible-national-minimum-wage-hike-for-2026 The department then considers it and announces the changes early in the new year for implementation from March. Regulation,Tax & Compliance CBN delists non-compliant BDCs News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41697/cbn-delists-non-compliant-bdcs Under the revised BDC Guidelines, existing operators were initially given six months, from 3 June to 3 December 2024, to satisfy the new regulatory conditions. Regulation,Tax & Compliance Fed cuts rates with three dissents, projects just one cut in 2026 News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41698/fed-cuts-rates-with-three-dissents-projects-just-one-cut-in-2026 Economic data remains mixed: unemployment has risen to 4.4%, while inflation continues to sit above the 2% target. Regulation,Tax & Compliance SSNIT implements new Annual Pensioner Certificate Renewal Policy for all pensioners News Aggregation Team Thursday, December 11, 2025 12:00 am https://africa.managersofwealth.com/article/41699/ssnit-implements-new-annual-pensioner-certificate-renewal-policy-for-all-pensioners The state pension trust further noted that any SSNIT branch nationwide will support accessibility and inclusion. Regulation,Tax & Compliance Kenya’s central bank lowers main lending rate by 25 basis points News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41686/kenyaamprsquos-central-bank-lowers-main-lending-rate-by-25-basis-points Kenya’s inflation was at 4.5% year-on-year in November, slightly lower than the previous month’s reading of 4.6% and within the 2.5%-7.5% target band. Regulation,Tax & Compliance Major South African trading platform fined R2 billion News Aggregation Team Wednesday, December 10, 2025 12:00 am https://africa.managersofwealth.com/article/41689/major-south-african-trading-platform-fined-r2-billion Other directors and key individuals were fined a combined R35 million. Regulation,Tax & Compliance Thousands of jobs in South Africa can be saved News Aggregation Team Tuesday, December 09, 2025 12:00 am https://africa.managersofwealth.com/article/41680/thousands-of-jobs-in-south-africa-can-be-saved As part of the committement, a joint multi-stakeholder task team comprising Eskom, the two producers, and government representatives will be established, with the main focus being on electricity pricing. Regulation,Tax & Compliance Absa commits R1.7bn to scale renewable power in Africa News Aggregation Team Thursday, November 27, 2025 12:00 am https://africa.managersofwealth.com/article/41615/absa-commits-r17bn-to-scale-renewable-power-in-africa Three-part funding package to fast-track new solar and battery projects for commercial and industrial sectors. ESG EBRD invests US $40 mil in Infinity to accelerate renewable energy growth across Africa News Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41521/ebrd-invests-us-40-mil-in-infinity-to-accelerate-renewable-energy-growth-across-africa Funds for 3 GW of renewable energy projects to advance clean energy on the continent ESG Phoenix Group launches 30MW hydropower mining operation in Ethiopia News Team Thursday, November 06, 2025 12:00 am https://africa.managersofwealth.com/article/41501/phoenix-group-launches-30mw-hydropower-mining-operation-in-ethiopia H.C. Wainwright reaffirms buy rating and AED 3.00 price target ESG Fidelity Bank invests GH₵1million to boost climate-smart enterprises News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41459/fidelity-bank-invests-gh1million-to-boost-climate-smart-enterprises The initiative, implemented in partnership with Innohub, aims to accelerate the growth of businesses providing innovative solutions in agriculture, environmental sustainability, and technology-driven resilience. ESG Survey shows huge appetite for renewable projects News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41441/survey-shows-huge-appetite-for-renewable-projects But low daytime demand may spoil the party. ESG Ghana joins regional efforts to attract renewable energy investments News Aggregation Team Thursday, October 23, 2025 1:00 am https://africa.managersofwealth.com/article/41422/ghana-joins-regional-efforts-to-attract-renewable-energy-investments The two-day forum, jointly organised by the International Renewable Energy Agency (IRENA) and the Government of Sierra Leone, brings together ministers, policymakers, investors, developers, and financiers from across Africa and beyond to unlock funding fo ESG Sanlam Investments Renews Sponsorship of Africa’s Green Economy Summit 2026 News Team Friday, October 17, 2025 1:00 am https://africa.managersofwealth.com/article/41390/sanlam-investments-renews-sponsorship-of-africaamprsquos-green-economy-summit-2026 The event bridges the gap between investors and project owners, accelerating Africa’s transition to a just and inclusive green economy. ESG LAWMA targets 30% recycling rate by 2030 News Aggregation Team Monday, September 15, 2025 1:00 am https://africa.managersofwealth.com/article/41195/lawma-targets-30-recycling-rate-by-2030 “Our current recycling rate is between eight and 10 per cent, and we are pushing to achieve 25 to 30 per cent over the next five years,” he stated. ESG Calls made for stronger climate action to safeguard WASH infrastructure News Aggregation Team Friday, August 29, 2025 1:00 am https://africa.managersofwealth.com/article/41108/calls-made-for-stronger-climate-action-to-safeguard-wash-infrastructure The Minister was speaking at a WASH4Climate Summit, on the theme, “Strengthening WASH Resilience through Climate Vulnerability and Risk Assessment and Local Adaptation Planning,” in Accra. ESG Africa’s renewable future needs investment, not aid, UN tells global leaders News Aggregation Team Thursday, August 21, 2025 1:00 am https://africa.managersofwealth.com/article/41067/africaamprsquos-renewable-future-needs-investment-not-aid-un-tells-global-leaders Green power in Africa lowers energy costs, diversifies supply chains and accelerates decarbonisation for everyone. ESG