Managers of Wealth - Africa https://africa.managersofwealth.com/ Mon, 27 Apr 2026 22:14:32 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP Standard Bank Awarded Best Private Bank in Mozambique by Euromoney News Aggregation Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42369/standard-bank-awarded-best-private-bank-in-mozambique-by-euromoney More than an institutional recognition, it reflects the direct impact our work has on clients’ lives Wealth and Asset Management The 5-star lodge in South Africa owned by an international cricket legend News Aggregation Team Tuesday, April 14, 2026 1:00 am https://africa.managersofwealth.com/article/42334/the-5-star-lodge-in-south-africa-owned-by-an-international-cricket-legend The safari villa and the surrounding Elephant Point development are actively managed by the Legacy Group. Wealth and Asset Management A $44,000 Salary Now Gets Private Banking Access in South Africa News Aggregation Team Tuesday, March 24, 2026 12:00 am https://africa.managersofwealth.com/article/42229/a-44000-salary-now-gets-private-banking-access-in-south-africa For clients under 30, a four-year degree in science, technology, engineering or mathematics is enough to qualify, with discounted fees. Wealth and Asset Management Alexforbes CEO Dawie de Villiers on how client expectations are evolving in South Africa News Aggregation Team Wednesday, March 18, 2026 12:00 am https://africa.managersofwealth.com/article/42201/alexforbes-ceo-dawie-de-villiers-on-how-client-expectations-are-evolving-in-south-africa Under his leadership, de Villiers guides Alexforbes towards his vision of it becoming the most inclusive retail financial advice firm in Southern Africa. Wealth and Asset Management Global Finance Names The World’s Best Islamic Financial Institutions 2026 News Team Tuesday, March 17, 2026 12:00 am https://africa.managersofwealth.com/article/42191/global-finance-names-the-worldamprsquos-best-islamic-financial-institutions-2026 All selections were made by the Global Finance editorial team after extensive consultations with bankers, corporate finance executives, and analysts worldwide. Wealth and Asset Management Swiss wealth management major Banque Pictet opens SA office as African wealth surges News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42022/swiss-wealth-management-major-banque-pictet-opens-sa-office-as-african-wealth-surges Swiss private bank targets rising millionaire class and cross-border investment flows Wealth and Asset Management Big shift for salaries in South Africa in 2026 News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42026/big-shift-for-salaries-in-south-africa-in-2026 “Although the average nominal salary flattened in December 2025 at R21,397, it was still 1.8% higher than a year ago,” said PayInc Head of Stakeholder Engagements Shergeran Naidoo. Wealth and Asset Management 5 wealth management trends for South African HNW families in 2026 News Aggregation Team Tuesday, February 03, 2026 12:00 am https://africa.managersofwealth.com/article/41949/5-wealth-management-trends-for-south-african-hnw-families-in-2026 Strategic insight, experience, and emotional intelligence are qualities machines cannot imitate. Wealth and Asset Management Amethis and Edmond de Rothschild Private Equity announce the final closing of Amethis Fund III in line with its target at EUR 406M News Team Tuesday, January 20, 2026 12:00 am https://africa.managersofwealth.com/article/41876/amethis-and-edmond-de-rothschild-private-equity-announce-the-final-closing-of-amethis-fund-iii-in-line-with-its-target-at-eur-406m AFIII is the third vintage of Amethis’ flagship pan-African strategy. Wealth and Asset Management The richest people in South Africa at the start of 2026 News Aggregation Team Wednesday, January 07, 2026 12:00 am https://africa.managersofwealth.com/article/41804/the-richest-people-in-south-africa-at-the-start-of-2026 The billionaire list for South Africa, based on the live tracking from Forbes, has expanded since the start of 2025, with two additional names now featured on the list. Wealth and Asset Management UMB appoints Asabea Kissi Boateng to lead strategic expansion of personal & business banking franchise News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42400/umb-appoints-asabea-kissi-boateng-to-lead-strategic-expansion-of-personal-ampamp-business-banking-franchise This strategic appointment underscores UMB’s deliberate focus on attracting, developing, and consolidating top-tier talent as it accelerates its ambition to become Ghana’s most trusted and customer-centric relationship bank. Executive Moves Leadership shake-up at SPAR News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42384/leadership-shake-up-at-spar The main leadership change at the group saw former Woolworths Finance Director Reeza Isaacs taking over as Group CEO. Executive Moves BIDC: Ismaël Nabé succeeds Cassiel Ato Baah Forson News Aggregation Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42370/bidc-ismaampeumll-nabampeacute-succeeds-cassiel-ato-baah-forson His career demonstrates extensive experience in managing development policies and leading economic reforms. Executive Moves AMTY Names Obinna Ufudo Anambra Corporate Person of the Decade News Aggregation Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42371/amty-names-obinna-ufudo-anambra-corporate-person-of-the-decade He also sits on the Board of Abbey Mortgage Bank Plc Executive Moves Ramaphosa names Roelf Meyer as next SA ambassador to the US News Aggregation Team Wednesday, April 15, 2026 1:00 am https://africa.managersofwealth.com/article/42347/ramaphosa-names-roelf-meyer-as-next-sa-ambassador-to-the-us The two are widely credited as the architects of South Africa’s transition to democracy. Executive Moves UN names Ghana’s Anita Gbeho Head of Mission in South Sudan News Aggregation Team Monday, April 13, 2026 1:00 am https://africa.managersofwealth.com/article/42329/un-names-ghanaamprsquos-anita-gbeho-head-of-mission-in-south-sudan She succeeds the late Mr Nicholas Haysom of South Africa, whose dedication and leadership in advancing peace within the UN system were acknowledged by the Secretary-General. Executive Moves R65 million goodbye for retired Old Mutual CEO News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42321/r65-million-goodbye-for-retired-old-mutual-ceo Williamson received about R65 million in single-figure remuneration in 2025, which included total guaranteed pay and short-term incentives (STIs) of around R7 million. Executive Moves Absa Group appoints Sitoyo Lopokoiyit as Chief Executive of Personal and Private Banking News Aggregation Team Wednesday, April 08, 2026 1:00 am https://africa.managersofwealth.com/article/42306/absa-group-appoints-sitoyo-lopokoiyit-as-chief-executive-of-personal-and-private-banking In his new role, Lopokoiyit is expected to drive innovation, strengthen customer-centric services and enhance digital experiences across Absa’s operations in Africa. Executive Moves New bank launching in South Africa in 2027 – and it already has 2,500 branches News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42278/new-bank-launching-in-south-africa-in-2027-ampndash-and-it-already-has-2500-branches The Cape Town-based company already sells smartphones and extends credit to customers. Executive Moves FNB CEO calls it quits News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42274/fnb-ceo-calls-it-quits He was with the FirstRand group for 22 years, including 10 years as the group CFO. Executive Moves Court orders homeowner to pay Nedbank R1.6 million and initiates sale of Cape Town property News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42411/court-orders-homeowner-to-pay-nedbank-r16-million-and-initiates-sale-of-cape-town-property Court papers show that Stephans fell significantly behind on his monthly repayments, with the outstanding balance exceeding R2 million by October 2025 and arrears surpassing R500,000 by early 2026. Legal New laws coming about property rights in South Africa, and important bridge collapses News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42375/new-laws-coming-about-property-rights-in-south-africa-and-important-bridge-collapses Economists predict that the modest rise in inflation will primarily result from higher fuel prices, while food inflation is expected to ease. Legal New laws taking on land grabs and illegal occupation of private property in South Africa News Aggregation Team Friday, April 17, 2026 1:00 am https://africa.managersofwealth.com/article/42363/new-laws-taking-on-land-grabs-and-illegal-occupation-of-private-property-in-south-africa The new bill aims to empower municipalities, state entities, and private property owners to respond more decisively to illegal occupations and evictions in the country. Legal Sars obtains court order to freeze millions in former employees’ assets News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42322/sars-obtains-court-order-to-freeze-millions-in-former-employeesamprsquo-assets As a crackdown on corruption within its ranks continues. Legal FirstRand taken to the dry cleaners in high court News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42293/firstrand-taken-to-the-dry-cleaners-in-high-court Told it needs to be cross-examined on its accounting and other defects in case against customer. Legal Court freezes N448m assets in Keystone Bank debt recovery suit News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42279/court-freezes-n448m-assets-in-keystone-bank-debt-recovery-suit The court further directed all banks and financial institutions within the jurisdiction to forthwith preserve any funds belonging to the defendants upon being served with the order. Legal DLA Piper continues Africa-wide momentum with two Corporate Awards News Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42262/dla-piper-continues-africa-wide-momentum-with-two-corporate-awards Alongside, the firm was ranked as the third most active General Corporate Finance Legal Advisor (by transaction value) at the DealMakers East Africa Annual Awards. Legal Two new laws for pension funds in South Africa News Aggregation Team Wednesday, March 18, 2026 12:00 am https://africa.managersofwealth.com/article/42200/two-new-laws-for-pension-funds-in-south-africa This notice had previously excluded retirement fund contributions regulated under the Pension Funds Act from enforcement under section 34A of the Basic Conditions of Employment Act. Legal Former Steinhoff audit executive sentenced to four years or R2m fine News Aggregation Team Friday, March 13, 2026 12:00 am https://africa.managersofwealth.com/article/42178/former-steinhoff-audit-executive-sentenced-to-four-years-or-r2m-fine Odendaal found to be negligent as he ought to have suspected fraud by other employees Legal Judgment clarifies when third-parties can intervene in South African mergers News Team Wednesday, February 25, 2026 12:00 am https://africa.managersofwealth.com/article/42079/judgment-clarifies-when-third-parties-can-intervene-in-south-african-mergers The Constitutional Court ultimately overturned the CAC’s ruling and reinstated the Tribunal’s original order Legal Nigeria among top 20 countries in global cybercrime complaints News Aggregation Team Friday, April 17, 2026 1:00 am https://africa.managersofwealth.com/article/42361/nigeria-among-top-20-countries-in-global-cybercrime-complaints Financial losses also surged from $17.8 million in 2001 to $20.877 billion in 2025, with the average loss per victim estimated at $20,699. FinTech Money Fellows, Wafacash partner to digitise savings in Morocco News Aggregation Team Monday, April 13, 2026 1:00 am https://africa.managersofwealth.com/article/42325/money-fellows-wafacash-partner-to-digitise-savings-in-morocco Under the partnership, Money Fellows will contribute its digital platform and operational expertise, while Wafacash will provide local infrastructure, distribution capabilities, and customer reach. FinTech African lenders push for innovation financing reform News Aggregation Team Monday, April 13, 2026 1:00 am https://africa.managersofwealth.com/article/42331/african-lenders-push-for-innovation-financing-reform Participants highlighted that despite the expansion of Africa’s digital economy, access to affordable, long-term funding remains limited. FinTech NITDA urges firms to disclose cyberattacks promptly News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42317/nitda-urges-firms-to-disclose-cyberattacks-promptly The agency warned that hiding such incidents increases risks for other organisations in Nigeria’s increasingly interconnected digital ecosystem. FinTech Shettima unveils Nigeria’s first varsity AI innovation hub News Aggregation Team Wednesday, April 08, 2026 1:00 am https://africa.managersofwealth.com/article/42303/shettima-unveils-nigeriaamprsquos-first-varsity-ai-innovation-hub Ogunsola, however, called on stakeholders to join hands with the government to ensure meaningful investment in university education FinTech Stats SA breached in cyberattack News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42265/stats-sa-breached-in-cyberattack The attack was perpetrated by a cybercrime group known as XP95, which breached the Gauteng Provincial Government earlier this month. FinTech Afreximbank Launches Inaugural Accelerator Programme Cohort to Scale Africa’s Digital Trade Ecosystem News Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42254/afreximbank-launches-inaugural-accelerator-programme-cohort-to-scale-africaamprsquos-digital-trade-ecosystem Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the most promising ventures building digital infrastructure for intra-African trade from across the continent. FinTech The real reason Absa wrote off R2.4-billion in software News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42255/the-real-reason-absa-wrote-off-r24-billion-in-software Absa CTIO Johnson Idesoh says the speed at which software is changing influenced its recent R2.4-billion write-down. FinTech Grace AI Lab enters banking market with automation and compliance tools News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42237/grace-ai-lab-enters-banking-market-with-automation-and-compliance-tools These systems are designed to connect with a bank’s internal platforms, including core banking systems and card management infrastructure. FinTech Standard Bank hit with data breach at Liberty News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42242/standard-bank-hit-with-data-breach-at-liberty Liberty sent notifications to all affected clients via SMS, stating that it regrets any concern caused. FinTech Fitch Downgrades Mozambique’s Rating to ‘CC’ from ‘CCC’, Worsening Credit Risk Perception News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42406/fitch-downgrades-mozambiqueamprsquos-rating-to-amplsquoccamprsquo-from-amplsquocccamprsquo-worsening-credit-risk-perception The agency explained that it typically does not assign outlooks to countries rated ‘CCC+’ or below, and confirmed that the full list of rating actions is included in its report, in line with standard credit rating agency disclosure rules. Retail Banking Equity named overall best bank in Kenya at 2026 Think Business Banking Awards News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42407/equity-named-overall-best-bank-in-kenya-at-2026-think-business-banking-awards The Bank’s dominance was reflected in its performance across categories, where it emerged top in 10 categories and ranked second in two others. Retail Banking UBA Grows Customers’ Deposits by 12% in FY2025 News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42408/uba-grows-customersamprsquo-deposits-by-12-in-fy2025 The significant deposit growth reflects strong brand loyalty across key African markets where UBA holds sway. Retail Banking Ethiopia’s largest private bank makes historic debut on the Ethiopian Securities Exchange News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42412/ethiopiaamprsquos-largest-private-bank-makes-historic-debut-on-the-ethiopian-securities-exchange A major milestone for Ethiopia’s financial sector liberalisation Retail Banking Africa’s most valuable bank confirms global expansion as loan disbursements hit $5.3bn News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42402/africaamprsquos-most-valuable-bank-confirms-global-expansion-as-loan-disbursements-hit-53bn South Africa’s largest bank by market capitalisation, Capitec, is preparing for an eventual international expansion, although executives stress the strategy remains at a very early stage. Retail Banking Nigeria: Providus Bank expands in Ado-Ekiti, reaffirms financial strength News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42405/nigeria-providus-bank-expands-in-ado-ekiti-reaffirms-financial-strength Ojuroye also reassured that Providus Bank remains on solid ground, backed by disciplined capital Retail Banking Capitec Bank Reports Record Earnings and Dividend Growth News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42390/capitec-bank-reports-record-earnings-and-dividend-growth Capitec Posts Record Profit and Dividend as Growth Accelerates Retail Banking Nedbank and Mastercard expand payments partnership News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42393/nedbank-and-mastercard-expand-payments-partnership Under the agreement, Nedbank will adopt Mastercard’s technology and infrastructure to accelerate growth across retail banking, small business services and commercial banking. Retail Banking Don’t waste concessional loans, World Bank programme coordinator warns states News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42387/donamprsquot-waste-concessional-loans-world-bank-programme-coordinator-warns-states The HOPE Governance Programme is designed to strengthen institutional frameworks in basic education and primary healthcare delivery, with a focus on improving service outcomes at the state level. Retail Banking Standard Bank data breach fallout deepens News Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42366/standard-bank-data-breach-fallout-deepens A limited set of client credit card details, including card numbers and expiry dates, was previously confirmed as affected. CVV numbers were not compromised. Retail Banking Oman opens Angola-based investment bank to deepen Africa trade links News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42388/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets. Investment Banking Ecowas Bank for Investment and Development targets SMEs in Ghana with fresh funding for 2026 News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42324/ecowas-bank-for-investment-and-development-targets-smes-in-ghana-with-fresh-funding-for-2026 He explained that the funding will be channelled through commercial banks in Ghana to ensure it reaches targeted businesses. Investment Banking Cedi strength cuts Societe Generale Ghana's bottom line as profit after tax dips 28% News Aggregation Team Monday, March 02, 2026 12:00 am https://africa.managersofwealth.com/article/42103/cedi-strength-cuts-societe-generale-ghanaamp039s-bottom-line-as-profit-after-tax-dips-28 Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere. Investment 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 Investor appetite weakens for long-term debt as 364-day Treasury Bill attracts only half of bids News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42413/investor-appetite-weakens-for-long-term-debt-as-364-day-treasury-bill-attracts-only-half-of-bids The undersubscription extends a worrying trend that has seen the government struggle to meet its financing targets through domestic borrowing, potentially putting pressure on the cedi and complicating the government's cash management operations. Alternative Investments Domestic resilience, global headwinds News Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42397/domestic-resilience-global-headwinds While supply risks remain given the DMO’s ambitious funding targets, domestic liquidity conditions continue to provide a stabilising anchor for the market. Alternative Investments Pension assets on an upward trajectory News Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42399/pension-assets-on-an-upward-trajectory This sustained expansion reflects gains from ongoing reforms and initiatives implemented by the regulator Alternative Investments Ethiopia's Biggest Private Bank Makes Its Stock Market Debut on the ESX News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42403/ethiopiaamp039s-biggest-private-bank-makes-its-stock-market-debut-on-the-esx The listing is by introduction, meaning no new shares are being issued and no public offer accompanies the debut. Alternative Investments Absa Group CEO outlines five sectors for pension funds in Africa News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42389/absa-group-ceo-outlines-five-sectors-for-pension-funds-in-africa While acknowledging the need to preserve capital and meet long-term pension obligations, Fihla stressed that the existing model is failing to optimise returns. Alternative Investments Ghana’s economy well positioned to weather global shocks – Absa Group CEO News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42396/ghanaamprsquos-economy-well-positioned-to-weather-global-shocks-ampndash-absa-group-ceo He said policy measures implemented in recent years have positioned Ghana among a select group of economies better equipped to navigate the current wave of global volatility. Alternative Investments Businesses in South Africa feel the heat News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42383/businesses-in-south-africa-feel-the-heat Since the conflict began on 28 February, the rand has shed some of its previous gains — at one point weakening beyond the R17/$ mark — while the benchmark FTSE/JSE All Share Index has fallen 10%. Alternative Investments Zenith Bank hits N5 trillion market cap, first Nigerian bank to milestone News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42385/zenith-bank-hits-n5-trillion-market-cap-first-nigerian-bank-to-milestone As of March 18, 2026, the stock closed at ₦110.00, representing a gain of over 77% in just a few months—one of the strongest performances recorded on the NGX in recent times. Alternative Investments New Report on Jersey–South Africa Partnership News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42373/new-report-on-jerseyampndashsouth-africa-partnership A central focus of the report is a series of case studies from across Jersey’s financial services industry, providing practical insight into how this relationship is delivering value on the ground. Alternative Investments Two-speed property market emerges across South Africa News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42378/two-speed-property-market-emerges-across-south-africa The average modern South African home is smaller, smarter and easier to run Alternative Investments The big problem for South Africans earning over R30,000 a month News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42409/the-big-problem-for-south-africans-earning-over-r30000-a-month The data presented in the report lay out the biggest gaps, or “differentiators,” between the top and bottom performers in each income bracket in the study. Comment, Analysis & Research Why you won’t always have the final say on how your pension is distributed News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42410/why-you-wonamprsquot-always-have-the-final-say-on-how-your-pension-is-distributed Many South Africans assume that their retirement savings will be distributed exactly as stipulated in their will, or will automatically accrue to their spouse or children. Comment, Analysis & Research Unemployment problem becoming too big to solve News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42381/unemployment-problem-becoming-too-big-to-solve Nearly 80% of 7.8 million who are idle despite actively searching for work every week have been unemployed for more than a year. Comment, Analysis & Research Nigeria: Bank recapitalisation created $22.1bln wealth in 90 days, says SEC News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42377/nigeria-bank-recapitalisation-created-221bln-wealth-in-90-days-says-sec It is estimated that about 500,000 new investors participated in various bank public offers between 2024 and 2026 Comment, Analysis & Research Another crushing blow to South Africa News Aggregation Team Wednesday, April 15, 2026 1:00 am https://africa.managersofwealth.com/article/42341/another-crushing-blow-to-south-africa The downgrade reflects a stark turnaround after fortunes for the country swung in a more positive direction at the end of 2025 and early 2026. Comment, Analysis & Research BdM: Money Supply Fell to €902 Million in February News Aggregation Team Wednesday, April 15, 2026 1:00 am https://africa.managersofwealth.com/article/42345/bdm-money-supply-fell-to-ampeuro902-million-in-february In January, the money supply had already fallen to 69 billion meticais (902 million euros), a trend that continued in February, confirming the slowdown following the peak recorded at the end of 2025. Comment, Analysis & Research South Africans not offered salaries they deserve News Aggregation Team Monday, April 13, 2026 1:00 am https://africa.managersofwealth.com/article/42327/south-africans-not-offered-salaries-they-deserve As a result, smaller firms sometimes make salary offers based more on internal budgets rather than what the broader market is paying. Comment, Analysis & Research 57 jobs that pay higher than the R30,000 average salary in South Africa News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42294/57-jobs-that-pay-higher-than-the-r30000-average-salary-in-south-africa Basic salary/wages paid to employees increased by R16.6 billion or 1.8% from R914.3 billion in September 2025 to R930.8 billion in December 2025. Comment, Analysis & Research Advtech, PSG Financial Services and Standard Bank reap the rewards of robust growth strategies News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42266/advtech-psg-financial-services-and-standard-bank-reap-the-rewards-of-robust-growth-strategies Naturally, this is how corporate execs try to justify their enormous earnings. Comment, Analysis & Research South Africa's gold producers stay in the shallows as prices surge News Aggregation Team Thursday, March 26, 2026 12:00 am https://africa.managersofwealth.com/article/42252/south-africaamp039s-gold-producers-stay-in-the-shallows-as-prices-surge West Wits Mining launched South Africa's first new underground mine in 15 years last October Comment, Analysis & Research How Global Financial Networks Help KRA Track Tax Evaders News Aggregation Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42365/how-global-financial-networks-help-kra-track-tax-evaders That tax authority then shares the information with KRA, and this automatic exchange happens every year without KRA needing to launch a formal investigation. Tax 10-day warning to taxpayers in South Africa News Aggregation Team Wednesday, April 15, 2026 1:00 am https://africa.managersofwealth.com/article/42343/10-day-warning-to-taxpayers-in-south-africa This includes Final Letters of Demand to submit outstanding tax returns or risk possible criminal prosecution. Tax Gov’t loses over GH¢600m in taxes from unaccounted petroleum products News Aggregation Team Monday, April 13, 2026 1:00 am https://africa.managersofwealth.com/article/42328/govamprsquot-loses-over-ghampcent600m-in-taxes-from-unaccounted-petroleum-products The lost revenue was expected to accrue to the state through taxes, levies, and other regulatory charges on petroleum products imported into the country, but was not properly accounted for. Tax Income tax warning for taxpayers who choose to stay in South Africa News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42320/income-tax-warning-for-taxpayers-who-choose-to-stay-in-south-africa This growing reliance on personal income tax comes as the number of taxpayers declines. Tax Major new tax could backfire badly for South Africa News Aggregation Team Wednesday, April 08, 2026 1:00 am https://africa.managersofwealth.com/article/42304/major-new-tax-could-backfire-badly-for-south-africa The proposed 20% levy aims to generate over R10 billion annually for the state while also addressing the social risks associated with gambling addiction. Tax SARS is coming after R3 petrol price relief in South Africa News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42300/sars-is-coming-after-r3-petrol-price-relief-in-south-africa This task will be challenged by “the headwinds that are already starting to bloom,” he said, referring to the chaos caused by the United States’s war in Iran. Tax Big banks shoulder R90bn of SA tax burden News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42280/big-banks-shoulder-r90bn-of-sa-tax-burden Collection role overshadows direct payments. Tax SARS is coming after one group of employers in South Africa News Aggregation Team Thursday, March 26, 2026 12:00 am https://africa.managersofwealth.com/article/42245/sars-is-coming-after-one-group-of-employers-in-south-africa The ETI is designed to stimulate youth employment in South Africa, but its application has yielded mixed results. Tax Wage bill consumes 44% of tax revenue • Govt borrows GH¢17bn to pay salaries — Finance Minister reveals News Aggregation Team Thursday, March 26, 2026 12:00 am https://africa.managersofwealth.com/article/42250/wage-bill-consumes-44-of-tax-revenue-ampbull-govt-borrows-ghampcent17bn-to-pay-salaries-ampmdash-finance-minister-reveals In a presentation at the high-level meeting between President John Mahama and Organised Labour, the Finance Minister outlined the growing pressure of the public sector wage bill on government finances. Tax Tax reform to create opportunities, promote fairness – Minister News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42241/tax-reform-to-create-opportunities-promote-fairness-ampndash-minister Nigerians can now invest ₦2.5million on premium domains and profit about ₦17-₦25Million. Tax South Africa facing down another disaster News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42401/south-africa-facing-down-another-disaster The extension took effect retroactively from 30 September 2025, and, to date, no changes have been made to the list of countries eligible for the programme, which still includes South Africa. Regulation,Tax & Compliance Nigeria Links Banks to Telecom Grid to Catch Fraud Before It Clears News Aggregation Team Friday, April 24, 2026 1:00 am https://africa.managersofwealth.com/article/42404/nigeria-links-banks-to-telecom-grid-to-catch-fraud-before-it-clears Nigeria's central bank and telecoms regulator signed an agreement giving financial institutions real-time visibility into mobile number activity Regulation,Tax & Compliance R1.9 billion stolen from South Africans – over R12,500 per person News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42391/r19-billion-stolen-from-south-africans-ampndash-over-r12500-per-person These scams, which mimic official bank documents, are contributing to massive losses across the financial sector, with data showing that 70% of South Africans have been targeted by fraud. Regulation,Tax & Compliance Capitec is tightening the taps News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42392/capitec-is-tightening-the-taps Due to a massive increase in its loans, the group’s credit impairment charge on loans and advances increased by 21%, which was expected. Regulation,Tax & Compliance Pension funds must be redirected to drive Africa’s growth – Absa CEO News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42394/pension-funds-must-be-redirected-to-drive-africaamprsquos-growth-ampndash-absa-ceo Mr Fihla said while safeguarding pension assets and meeting long-term obligations is important, the current approach is not delivering optimal returns or developmental impact. Regulation,Tax & Compliance From compliance to climate: Rethinking real estate insurance in South Africa News Aggregation Team Thursday, April 23, 2026 1:00 am https://africa.managersofwealth.com/article/42395/from-compliance-to-climate-rethinking-real-estate-insurance-in-south-africa Twalo explains that sectional-title unit owners are entitled to transparency in terms of the valuation figures Regulation,Tax & Compliance Reserve Bank gives its worst-case scenario for interest rates in South Africa News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42382/reserve-bank-gives-its-worst-case-scenario-for-interest-rates-in-south-africa If this proves to be the case, South Africa will weather the choppy waters currently rocking global economies, and energy prices and inflation will simmer down by 2028. Regulation,Tax & Compliance Interest rate heartbreak for South Africa News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42386/interest-rate-heartbreak-for-south-africa The South African Reserve Bank (SARB) was widely expected to cut interest rates by 50 basis points throughout the year. Regulation,Tax & Compliance NSA partners Absa Bank to provide overdraft relief for service personnel News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42374/nsa-partners-absa-bank-to-provide-overdraft-relief-for-service-personnel Service personnel can open an Absa Ignition Account through their NSA student online submission portal for seamless onboarding. Regulation,Tax & Compliance Rand goes from hero to zero News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42376/rand-goes-from-hero-to-zero The rand was trading at R16.34 to the dollar, R22.10 to the pound and R19.23 to the Euro by 16h20. Regulation,Tax & Compliance SMEs must embrace ESG to compete globally — UBA Ghana CEO News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42299/smes-must-embrace-esg-to-compete-globally-ampmdash-uba-ghana-ceo He explained that adopting ESG standards would improve their chances of accessing low-cost financing and remaining competitive in global markets. ESG Lagos pushes monetisation of climate, sustainability initiatives News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42267/lagos-pushes-monetisation-of-climate-sustainability-initiatives “Across sectors, organisations are already implementing climate and circularity initiatives unique to their operations. ESG Transition finance – Unlocking decarbonisation in South Africa’s most important sectors News Aggregation Team Monday, March 02, 2026 12:00 am https://africa.managersofwealth.com/article/42100/transition-finance-ampndash-unlocking-decarbonisation-in-south-africaamprsquos-most-important-sectors Their conversation explores what transition finance is, what it is not, and why it is becoming central to achieving net-zero ambitions across emerging markets. ESG Insurance Industry Urged to Prioritise ESG to Sustain Businesses News Aggregation Team Tuesday, January 27, 2026 12:00 am https://africa.managersofwealth.com/article/41919/insurance-industry-urged-to-prioritise-esg-to-sustain-businesses “The effects of ESG challenges are dire globally, but they are even more pronounced here in Africa. ESG African Development Bank champions circular economy as Africa’s pathway to sustainable industrial growth at UNEA-7 News Team Friday, January 09, 2026 12:00 am https://africa.managersofwealth.com/article/41826/african-development-bank-champions-circular-economy-as-africaamprsquos-pathway-to-sustainable-industrial-growth-at-unea-7 "UNEA-7 comes at a decisive moment for our planet, and indeed for Africa," Kariuki said. ESG Namibia plans $1.76bn energy push, seeks private investment News Aggregation Team Friday, December 19, 2025 12:00 am https://africa.managersofwealth.com/article/41745/namibia-plans-176bn-energy-push-seeks-private-investment The plan will support off-grid solar and alternative fuels, and introduce incentives for battery storage. ESG 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