Managers of Wealth - Africa
https://africa.managersofwealth.com/
Mon, 20 Jul 2026 02:18:57 BSTpart of MediaG8way Group
https://africa.managersofwealth.com/
https://africa.managersofwealth.com/assets/images/logo.pngManagers of Wealth - AfricaKohanaPHPNairobi to Host Forum on Wealth Management and Family Office InvestmentNews Aggregation TeamThursday, July 02, 2026 1:00 am
https://africa.managersofwealth.com/article/42771/nairobi-to-host-forum-on-wealth-management-and-family-office-investment
Participants will also explore how technology is reshaping wealth management and influencing investment decision-making.Wealth and Asset ManagementAfrica’s Wealth Conversation Has Found Its HomeNews Aggregation TeamThursday, July 02, 2026 1:00 am
https://africa.managersofwealth.com/article/42774/africaamprsquos-wealth-conversation-has-found-its-home
LPWC has reached a point in its development where the brand carries real weight.Wealth and Asset ManagementGlobal Wealth Report 2026: Global wealth rose over 10% in 2025News TeamWednesday, July 01, 2026 1:00 am
https://africa.managersofwealth.com/article/42762/global-wealth-report-2026-global-wealth-rose-over-10-in-2025
The latest edition of the UBS Global Wealth Report shows a broad-based increase in personal wealth, driven by strong financial markets and rising non‑financial assets, with average wealth growing faster than global economic output.Wealth and Asset ManagementInvestec rolls out Microsoft Copilot to all 8,000 colleagues globallyNews TeamThursday, June 25, 2026 1:00 am
https://africa.managersofwealth.com/article/42729/investec-rolls-out-microsoft-copilot-to-all-8000-colleagues-globally
The first full-workforce Microsoft Copilot deployment publicly announced by an organisation in South AfricaWealth and Asset ManagementGoodbye Gauteng – Millionaires rushing to a new home in South AfricaNews Aggregation TeamTuesday, June 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42639/goodbye-gauteng-ampndash-millionaires-rushing-to-a-new-home-in-south-africa
A new report, commissioned by Standard Bank Wealth and Investment, states that South Africa’s affluent class have rewritten where they choose to earn, live and invest.Wealth and Asset ManagementGlobal millionaire population jumps by nearly 2 million in 2025, driven by strong stock market performance worldwideNews TeamThursday, June 04, 2026 1:00 am
https://africa.managersofwealth.com/article/42608/global-millionaire-population-jumps-by-nearly-2-million-in-2025-driven-by-strong-stock-market-performance-worldwide
A robust equity market performance and easing inflation drove HNWI wealth creation in 2025, growing the global millionaire population by nearly 2 million to 25.3 million individuals.Wealth and Asset ManagementInterswitch Partners with Temenos to Scale Digital Banking Services Across AfricaNews TeamThursday, June 04, 2026 1:00 am
https://africa.managersofwealth.com/article/42617/interswitch-partners-with-temenos-to-scale-digital-banking-services-across-africa
Interswitch will use Temenos solutions to deliver managed services to banks and financial institutions across Africa.Wealth and Asset ManagementSouth Africa’s middle class is in serious troubleNews Aggregation TeamWednesday, June 03, 2026 1:00 am
https://africa.managersofwealth.com/article/42602/south-africaamprsquos-middle-class-is-in-serious-trouble
It noted that South Africa’s economic outlook has shown modest improvement over the quarter, with GDP growth revised up to 1.6% for the year, while inflation eased to 3.2% in the quarter.Wealth and Asset ManagementInvestec eyes City hiring spree in major move into UK private bankingNews Aggregation TeamThursday, May 21, 2026 1:00 am
https://africa.managersofwealth.com/article/42544/investec-eyes-city-hiring-spree-in-major-move-into-uk-private-banking
The expansion will boost its banking presence in London, as it seeks out wealthy clients for what will become a ‘full service primary bank”.Wealth and Asset ManagementSovereign Wealth Fund Records Profit in the First QuarterNews Aggregation TeamTuesday, May 19, 2026 1:00 am
https://africa.managersofwealth.com/article/42521/sovereign-wealth-fund-records-profit-in-the-first-quarter
During the same period, the FSM’s total assets grew by 6.6%, reaching USD 117.4 million, driven by revenues from Liquefied Natural Gas (LNG) exploitation and by financial returns generated from these investments.Wealth and Asset ManagementTwo directors resign after FSCA launches PIC investigationNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42855/two-directors-resign-after-fsca-launches-pic-investigation
The resignations have added to mounting governance concerns at Africa’s largest asset manager.Executive MovesCtrack Announces Appointment of New General Manager for Middle East and AfricaNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42858/ctrack-announces-appointment-of-new-general-manager-for-middle-east-and-africa
His appointment supports Ctrack’s continued focus on strengthening execution, enhancing customer value and building on its position as a trusted technology partner in the fleet management and telematics sector.Executive MovesCDH strengthens its pan-African leadership with Phetheni Nkuna’s COO appointmentNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42845/cdh-strengthens-its-pan-african-leadership-with-phetheni-nkunaamprsquos-coo-appointment
Recently appointed Chief Operating Officer (COO) Nkuna will oversee the firm’s operations across the continent, supporting the continued cross-border integration and broader pan-African business strategy.Executive MovesFNB appoints Linda Kachingwe-Sisya as new CMONews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42841/fnb-appoints-linda-kachingwe-sisya-as-new-cmo
She succeeds Faye Mfikwe after 19 years and will lead the bank’s brand strategy, marketing and corporate affairs.Executive MovesRMB appoints Judy Kobus as Corporate CEONews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42822/rmb-appoints-judy-kobus-as-corporate-ceo
Under her leadership, the business evolved from a product-led approach to a more sector- and client-led model, doubling profit before tax.Executive MovesStandard Bank brings in Absa’s Hlungwane to lead Africa transaction bankingNews Aggregation TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42805/standard-bank-brings-in-absaamprsquos-hlungwane-to-lead-africa-transaction-banking
He is taking over from, and will report to, Thabo Makoko, who’s been promoted to head of transaction banking at the lender.Executive MovesMTN CEO Ralph Mupita lands a new jobNews Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42799/mtn-ceo-ralph-mupita-lands-a-new-job
MTN CEO Ralph Mupita has been named, alongside several leaders from government and business, as a commissioner of the AI for Good Global Commission.Executive MovesNAHCO Strengthens Board as Wolemi Esan, FirstBank Executive, Join as Non-Executive Directors News Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42802/nahco-strengthens-board-as-wolemi-esan-firstbank-executive-join-as-non-executive-directors
NAHCO appoints Wolemi Esan and Dr Julius B. Omodayo-Owotuga as Non-Executive Directors effective July 1, 2026 Executive MovesTony Elumelu to step down as UBA chair, bank names successorNews Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42803/tony-elumelu-to-step-down-as-uba-chair-bank-names-successor
The financial institution also named a current non-executive director on the board, Emmanuel Nnorom, as its incoming group chairman, whose appointment will take effect on the same day Elumelu retires.Executive MovesJ.P. Morgan reshuffles senior private bankers in APAC and EMEANews Aggregation TeamMonday, July 06, 2026 1:00 am
https://africa.managersofwealth.com/article/42790/jp-morgan-reshuffles-senior-private-bankers-in-apac-and-emea
She will relocate from the UK to Hong Kong to take on the new role and report to Harhika Patel, CEO of the Asia private bank.Executive MovesNew laws against invasion of private property in South Africa – with a R2 million fine or jail time for anyone inciting itNews Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42798/new-laws-against-invasion-of-private-property-in-south-africa-ampndash-with-a-r2-million-fine-or-jail-time-for-anyone-inciting-it
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.LegalMajor South Africa forex-rigging case moves forwardNews Aggregation TeamFriday, July 03, 2026 1:00 am
https://africa.managersofwealth.com/article/42781/major-south-africa-forex-rigging-case-moves-forward
The dispute will now be referred back to the Competition Tribunal of South Africa.LegalTop court rules on rand manipulation allegations against Absa, FirstRand, Nedbank, and Standard BankNews TeamWednesday, July 01, 2026 1:00 am
https://africa.managersofwealth.com/article/42765/top-court-rules-on-rand-manipulation-allegations-against-absa-firstrand-nedbank-and-standard-bank
The court ruled that the Commission’s prosecution against the banks was based on flawed factual assumptions and completely lacked the required evidentiary link to prove they participated in a single overarching conspiracy.LegalGovernment to step up labour law enforcementNews Aggregation TeamTuesday, June 02, 2026 1:00 am
https://africa.managersofwealth.com/article/42595/government-to-step-up-labour-law-enforcement
Construction, hospitality in the spotlight.LegalPityana Takes Absa Board Dismissal Battle to Supreme Court of AppealNews Aggregation TeamThursday, May 28, 2026 1:00 am
https://africa.managersofwealth.com/article/42572/pityana-takes-absa-board-dismissal-battle-to-supreme-court-of-appeal
Pityana had been widely regarded as the preferred candidate to succeed Wendy Lucas-Bull as Absa chairman. LegalUnion Bank customers fear fallout as CBN legal battle deepens over controlNews Aggregation TeamMonday, May 18, 2026 1:00 am
https://africa.managersofwealth.com/article/42515/union-bank-customers-fear-fallout-as-cbn-legal-battle-deepens-over-control
The appeal has prolonged the legal face-off and brought feelings of uncertainty to customers of union bank.LegalConstitutional Court Broadens the Reach of South Africa’s GAAR in Absa v SARS Introduction News TeamFriday, May 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42503/constitutional-court-broadens-the-reach-of-south-africaamprsquos-gaar-in-absa-v-sars-introduction
The Constitutional Court’s judgment in Absa v SARS represents one of the most significant South African tax judgments in recent years. LegalSCA delivers blow to Sars in protracted court battleNews Aggregation TeamThursday, May 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42501/sca-delivers-blow-to-sars-in-protracted-court-battle
Finds the exclusion of lay representatives in tax court would be unconstitutional.LegalProcurement reform raises questions for South Africa’s infrastructure sectorNews TeamWednesday, April 29, 2026 1:00 am
https://africa.managersofwealth.com/article/42423/procurement-reform-raises-questions-for-south-africaamprsquos-infrastructure-sector
The Act consolidates and replaces multiple pieces of fragmented legislation to establish a coherent legislative framework for an efficient procurement system across South Africa’s multiple spheres of government. LegalCourt orders homeowner to pay Nedbank R1.6 million and initiates sale of Cape Town propertyNews Aggregation TeamMonday, 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. LegalWhy South African banks still charge for instant paymentsNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42851/why-south-african-banks-still-charge-for-instant-payments
Digital challenger banks argue that instant payments should be treated as a core banking service rather than a premium feature.FinTechNigeria tops Africa in Global Responsible AI Index, ranks 38th worldwideNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42825/nigeria-tops-africa-in-global-responsible-ai-index-ranks-38th-worldwide
The report says Nigeria has distinguished itself by pairing AI skills development with enforceable governance measures instead of focusing solely on technology adoption.FinTechMobile-money histories should unlock loans, insurance for informal workers – BoG fintech headNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42826/mobile-money-histories-should-unlock-loans-insurance-for-informal-workers-ampndash-bog-fintech-head
He said mobile money wallets should increasingly become a pathway for small traders, informal workers and ordinary consumers to access services that traditional bank accounts have long provided.FinTechTelkom launching new R100 million AI InstituteNews Aggregation TeamThursday, July 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42813/telkom-launching-new-r100-million-ai-institute
The coalition has surpassed $82 billion in global commitments to connect the world, with Telkom among the few African companies recognised in the recent round of pledges.FinTechFinancial platform for immigrants LemFi buys Wealth8News Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42797/financial-platform-for-immigrants-lemfi-buys-wealth8
It has also secured approval from the Central Bank of Ireland to acquire Bureau Buttercrane, granting it instant access to the entire European Economic Area.FinTech10 largest banks in Nigeria by branch Network in 2026News Aggregation TeamMonday, July 06, 2026 1:00 am
https://africa.managersofwealth.com/article/42794/10-largest-banks-in-nigeria-by-branch-network-in-2026
Together, the three banks operate more than 1,400 branches, highlighting the continued relevance of physical banking in Africa’s largest economy.FinTechKenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher CostsNews Aggregation TeamMonday, July 06, 2026 1:00 am
https://africa.managersofwealth.com/article/42796/kenyan-treasury-pushes-30-reserve-requirement-as-stablecoin-firms-warn-of-higher-costs
Industry representatives warn that locking up nearly a third of their reserves in Kenyan commercial banks could choke operational liquidity, slow transaction speeds, and increase costs for consumers who use stablecoins for cross-border trade and remittancFinTechFirms to Scale Digital Banking Services across AfricaNews Aggregation TeamThursday, July 02, 2026 1:00 am
https://africa.managersofwealth.com/article/42772/firms-to-scale-digital-banking-services-across-africa
This is a pivotal moment for Interswitch as we accelerate our expansion beyond payments and reimagine digital banking for Africa. FinTechMastercard launches Africa Cybersecurity Centre of ExcellenceNews Aggregation TeamTuesday, June 30, 2026 1:00 am
https://africa.managersofwealth.com/article/42754/mastercard-launches-africa-cybersecurity-centre-of-excellence
The Africa Cybersecurity Centre of Excellence is a multi-year initiative led by Mastercard that will begin a phased rollout in 2026, starting with South Africa and Nigeria.FinTechWorld Bank Announces Up to USD 25 Million Program to Improve Access to Digital Devices in MozambiqueNews Aggregation TeamMonday, June 29, 2026 1:00 am
https://africa.managersofwealth.com/article/42745/world-bank-announces-up-to-usd-25-million-program-to-improve-access-to-digital-devices-in-mozambique
The announcement was made by Anna-Elisabeth Costafrolaz, World Bank representative, during the 5th National Communications Conference, while addressing the challenges of digital inclusion in the country.FinTechAfrican Development Bank Approves $400 million Loan to Support Municipal Utility Reform in South Africa’s Mpumalanga ProvinceNews TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42860/african-development-bank-approves-400-million-loan-to-support-municipal-utility-reform-in-south-africaamprsquos-mpumalanga-province
Under the African Development Bank’s Results-Based Financing instrument, loan disbursements will be linked to independently verified improvements in utility performance and service delivery, with funds released only after agreed results are achievedRetail BankingBig changes for how credit cards are used in South AfricaNews Aggregation TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42862/big-changes-for-how-credit-cards-are-used-in-south-africa
The bank collects this data and produces reports to better understand how young individuals are engaging with its products and how services can be adapted to their needs.Retail BankingMajor South African bank looking to retrench 1,200 workersNews Aggregation TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42864/major-south-african-bank-looking-to-retrench-1200-workers
The group also flagged that its costs were growing ahead of its risk-adjusted revenue. Retail BankingGood news for Absa customers in South AfricaNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42852/good-news-for-absa-customers-in-south-africa
Absa noted that the service is available strictly to active Absa Bank customers with a valid transactional account.Retail BankingStandard Bank provides first $29m social documentary credit facility to Helios TowersNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42857/standard-bank-provides-first-29m-social-documentary-credit-facility-to-helios-towers
This article was produced with the support of Standard Bank Corporate and Investment BankingRetail BankingEcobank Cameroun rolls out a wealth management offer to lock in its Premium segmentNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42859/ecobank-cameroun-rolls-out-a-wealth-management-offer-to-lock-in-its-premium-segment
By launching in Douala a wealth management offer built on its pan-African network and specialised partners, Ecobank Cameroun aims to strengthen its positioning with premium clients seeking tailored wealth advisory.Retail BankingCapitec and Standard Bank just made a huge leap in South AfricaNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42844/capitec-and-standard-bank-just-made-a-huge-leap-in-south-africa
The Banker’s ‘biggest bank’ ranking focuses on Tier 1 Capital, which represents a bank’s core capital—considered the most reliable and stable source of funds.Retail BankingFidelity Bank Chairman Gets Woman of the Year AwardNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42836/fidelity-bank-chairman-gets-woman-of-the-year-award
She noted that Onwughalu made history as the first woman to chair the board of Fidelity Bank Plc and has continued to provide strategic leadership that has strengthened the bank’s corporate governance and long-term growth.Retail BankingAbsa Bank Empowers Persons With Disabilities Through Financial Literacy ProgrammeNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42837/absa-bank-empowers-persons-with-disabilities-through-financial-literacy-programme
The session also educated participants on various financial solutions designed to meet their everyday banking needs, reinforcing Absa’s commitment to making banking more accessible and inclusive for all.Retail BankingDevelopment Bank Ghana unveils lending initiative for womenNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42842/development-bank-ghana-unveils-lending-initiative-for-women
It is also further proof of the bank’s commitment to increasing access to long-term finance for businesses in Ghana's productive sectors.Retail BankingNigeria tops EIB largest country of operations in AfricaNews Aggregation TeamMonday, June 22, 2026 1:00 am
https://africa.managersofwealth.com/article/42710/nigeria-tops-eib-largest-country-of-operations-in-africa
The agreement, was sealed at a signing ceremony held at the Lagos State Waterways Authority, LASWA, Headquarters, Falomo, in Lagos.Investment BankingStandard Bank wins global awards for Investment Banking and Sustainable FinanceNews Aggregation TeamThursday, May 28, 2026 1:00 am
https://africa.managersofwealth.com/article/42575/standard-bank-wins-global-awards-for-investment-banking-and-sustainable-finance
The recognition reflects the Group’s progress and commitment to supporting Africa’s growth as a responsible financial partner, helping clients navigate the opportunities and trade-offs of energy security, infrastructure development, and a justInvestment BankingPan-African Investment Banking Group United Capital Chooses Rwanda as Its East and Central African HubNews Aggregation TeamFriday, May 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42504/pan-african-investment-banking-group-united-capital-chooses-rwanda-as-its-east-and-central-african-hub
This is the kind of conviction that changes the trajectory of capital markets and we intend to honour it by continuing to build a platform worthy of the best institutions Africa has to offer.”Investment BankingOman opens Angola-based investment bank to deepen Africa trade linksNews Aggregation TeamWednesday, 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 BankingEcowas Bank for Investment and Development targets SMEs in Ghana with fresh funding for 2026News Aggregation TeamFriday, 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 BankingCedi strength cuts Societe Generale Ghana's bottom line as profit after tax dips 28%News Aggregation TeamMonday, 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 BankingRothschild & Co receives two major awards from The BankerNews Aggregation TeamFriday, 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 BankingEthiopia Adds Fourth Investment Bank as ECMA Licenses Awash CapitalNews Aggregation TeamThursday, 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 BankingNedbank CIB crowned Best Investment Bank in SA – three years runningNews Aggregation TeamMonday, 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 BankingGoldman, Investec see room for three SA rate cuts in 2025News Aggregation TeamThursday, 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 BankingNigeria’s foreign reserves hit $51.86 billion, highest since 2009News Aggregation TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42861/nigeriaamprsquos-foreign-reserves-hit-5186-billion-highest-since-2009
The milestone underscores the strengthening of Nigeria’s external position amid improved foreign exchange inflows, rising export earnings, and sustained investor interest in the country’s financial assets.Alternative InvestmentsInflationary pressures ease as expectedNews TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42863/inflationary-pressures-ease-as-expected
This marks a reversal of the upward inflation trend observed since MarchAlternative InvestmentsNaira remains broadly stable in JuneNews TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42865/naira-remains-broadly-stable-in-june
The resulting moderation in market liquidity constrained the availability of FX supply.Alternative InvestmentsUpward trajectory in pension assetsNews TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42867/upward-trajectory-in-pension-assets
The sustained growth reflects a combination of continued pension contributions, increasing enrolment levelsAlternative InvestmentsRegency Alliance targets N932m Q3 profitNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42850/regency-alliance-targets-n932m-q3-profit
To bolster its core underwriting profit, Regency Alliance is relying heavily on its investment portfolioAlternative InvestmentsInsurers are investing heavily in AI, yet many are still struggling to realise meaningful returnsNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42839/insurers-are-investing-heavily-in-ai-yet-many-are-still-struggling-to-realise-meaningful-returns
That matters in a sector where AI is already affecting underwriting, claims, fraud detection, customer service, compliance and internal productivity.Alternative InvestmentsGood governance comes before investment – SBG’s Goolam BallimNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42832/good-governance-comes-before-investment-ampndash-sbgamprsquos-goolam-ballim
‘Africa has never enjoyed such economic reverence.’Alternative InvestmentsNigeria’s FX market turnover crashes 46.57% to $1.63 billion second week of JulyNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42833/nigeriaamprsquos-fx-market-turnover-crashes-4657-to-163-billion-second-week-of-july
….FX Spot plunges $1.38 billion as Forwards halve; daily average collapses from $610.60 million to $326.22 millionAlternative InvestmentsJoburg to pay R2.4bn in debt to get R3.6bn funding reinstatedNews Aggregation TeamThursday, July 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42817/joburg-to-pay-r24bn-in-debt-to-get-r36bn-funding-reinstated
And plans bond sale to fund upgrades to infrastructure.Alternative InvestmentsAirtel Africa hits N5,801 as NGX surges N3.45 trillion; YTD return reclaims 55% thresholdNews Aggregation TeamThursday, July 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42819/airtel-africa-hits-n5801-as-ngx-surges-n345-trillion-ytd-return-reclaims-55-threshold
….ASI climbs 2.27% to 242,459.98 points as Oil & Gas leads five-sector advance; Fidelity Bank jumps 9.97%Alternative InvestmentsSofter inflation outlook but headwinds persistNews TeamFriday, July 17, 2026 1:00 am
https://africa.managersofwealth.com/article/42866/softer-inflation-outlook-but-headwinds-persist
The elevated reading reflected broad-based price pressures across both food and core components. Comment, Analysis & ResearchCAUGHT IN A CASH 22 - Many South Africans still mistrust banks in increasingly digital worldNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42856/caught-in-a-cash-22-many-south-africans-still-mistrust-banks-in-increasingly-digital-world
South Africa has made remarkable progress in expanding access to banking over the past few decades. Comment, Analysis & ResearchWhat billionaire Dangote can teach Africa about financing infrastructureNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42821/what-billionaire-dangote-can-teach-africa-about-financing-infrastructure
Panellists at a Standard Bank conference cite the industrialist’s refinery in Lagos as an example of how ambitious projects should be funded.Comment, Analysis & ResearchSouth Africa’s Newlyn Group Secures Absa Financing for Logistics ExpansionNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42827/south-africaamprsquos-newlyn-group-secures-absa-financing-for-logistics-expansion
The facility will support the company’s pipeline of infrastructure projects across South Africa and fund development along the country’s main logistics corridors.Comment, Analysis & ResearchWorld Bank Sets Five Strategic Priorities for Mozambique’s DevelopmentNews Aggregation TeamThursday, July 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42816/world-bank-sets-five-strategic-priorities-for-mozambiqueamprsquos-development
Another priority highlighted by the World Bank is economic diversification. Comment, Analysis & ResearchA wider current account surplus in Q1 ‘26News TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42812/a-wider-current-account-surplus-in-q1-amplsquo26
The improved surplus on the CA was primarily driven by a sharp increase in the trade surplusComment, Analysis & ResearchNigeria ranks 55th globally, tops Africa in IMD economic performanceNews Aggregation TeamWednesday, July 01, 2026 1:00 am
https://africa.managersofwealth.com/article/42770/nigeria-ranks-55th-globally-tops-africa-in-imd-economic-performance
The IMD report, which evaluated 70 economies across economic performance, government efficiency, business efficiency and infrastructure, ranked Nigeria 55th globally on economic performance with a score of 45.2.Comment, Analysis & ResearchDemand for Technology and Consulting Skills Is RisingNews Aggregation TeamTuesday, June 30, 2026 1:00 am
https://africa.managersofwealth.com/article/42756/demand-for-technology-and-consulting-skills-is-rising
The firm is seeking individuals who want to build rewarding careers while contributing to some of the financial services industry’s most complex and meaningful transformation programmes.Comment, Analysis & ResearchServices deficit narrows, underlying weakness persistNews TeamFriday, June 26, 2026 1:00 am
https://africa.managersofwealth.com/article/42742/services-deficit-narrows-underlying-weakness-persist
Despite this improvement, the services account remains a structurally weak component of Nigeria’s current account, reflecting limited services export capacity alongside persistent import demand.Comment, Analysis & ResearchAfrica was the world's fastest-growing ultra-wealth region in 2025, new data showsNews Aggregation TeamWednesday, June 24, 2026 1:00 am
https://africa.managersofwealth.com/article/42721/africa-was-the-worldamp039s-fastest-growing-ultra-wealth-region-in-2025-new-data-shows
Africa posted the world's fastest ultra-wealth growth in 2025, yet the continent's 3,440 ultra-wealthy individuals hold less than 1% of global fortunes.Comment, Analysis & ResearchNew ‘tax’ for petrol and diesel is comingNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42846/new-amplsquotaxamprsquo-for-petrol-and-diesel-is-coming
Green noted that both the US and Iran are fighting to control the Strait and to implement tolls. TaxCASP 2026: Government Prepares Tax Cuts. Find Out Which Sectors Will Be CoveredNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42848/casp-2026-government-prepares-tax-cuts-find-out-which-sectors-will-be-covered
The minister explained that the ongoing reforms aim to create a more favorable business environment and make the agricultural sector more attractive to private investment.TaxSARS nails taxpayer for R62 million VAT fraudNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42840/sars-nails-taxpayer-for-r62-million-vat-fraud
The sentencing is an outcome that the South African Revenue Service (SARS) has warned awaits those who seek to defraud the country.TaxImportant information for anyone who was auto-assessed by SARS in South AfricaNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42829/important-information-for-anyone-who-was-auto-assessed-by-sars-in-south-africa
From 13 July, taxpayers who were auto-assessed can amend their returns, and tax experts warn that one of the easiest mistakes to overlook could cost them valuable deductions.TaxIndustry push forces Sars to scrap premature trust penaltiesNews Aggregation TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42806/industry-push-forces-sars-to-scrap-premature-trust-penalties
But trust penalties remain, and new letters of final demand are on their way.Tax7 companies collect a R40 billion ‘paycheque’ every year from taxpayers in South AfricaNews Aggregation TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42808/7-companies-collect-a-r40-billion-amplsquopaychequeamprsquo-every-year-from-taxpayers-in-south-africa
South Africa’s automotive incentives are provided through the Automotive Production and Development Programme (APDP2), which supports large-scale vehicle manufacturing and exports. TaxAllan Gray sends auto-assessment warning to taxpayers in South AfricaNews Aggregation TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42809/allan-gray-sends-auto-assessment-warning-to-taxpayers-in-south-africa
Taxpayers selected for autoassessment will receive an assessment directly from SARS without having to submit a return upfront.TaxA solid outing for VAT receipts in Q1News TeamWednesday, July 08, 2026 1:00 am
https://africa.managersofwealth.com/article/42811/a-solid-outing-for-vat-receipts-in-q1
This surge likely reflects improved compliance and stronger enforcement among multinational firmsTaxHow to legally pay less tax in South AfricaNews Aggregation TeamTuesday, July 07, 2026 1:00 am
https://africa.managersofwealth.com/article/42800/how-to-legally-pay-less-tax-in-south-africa
The key is understanding what can be claimed and keeping accurate records throughout the year.TaxTaxpayers in South Africa warned to check their banking details before next weekNews Aggregation TeamMonday, June 29, 2026 1:00 am
https://africa.managersofwealth.com/article/42752/taxpayers-in-south-africa-warned-to-check-their-banking-details-before-next-week
SARS commissioner Johnstone Makhubu noted earlier this month that the revenue service is expecting to issue in excess of 6 million auto assessments in 2026.TaxNew rules for foreigners buying property in South AfricaNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42853/new-rules-for-foreigners-buying-property-in-south-africa
Foreign buyers are increasingly buying property in South Africa, especially in the luxury and ultra-luxury segments.Regulation,Tax & ComplianceFAAC distributes N2.55 trillion as June gross revenue rises 32.6% to N4.5 trillionNews Aggregation TeamThursday, July 16, 2026 1:00 am
https://africa.managersofwealth.com/article/42854/faac-distributes-n255-trillion-as-june-gross-revenue-rises-326-to-n45-trillion
The distributable revenue comprised N1.809 trillion from statutory revenue and N740.724 billion from Value Added Tax (VAT), representing the two major revenue streams shared among the three tiers of government.Regulation,Tax & ComplianceCBN repays N2.97 trillion OMO bills after N2.5 trillion auctions on MondayNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42847/cbn-repays-n297-trillion-omo-bills-after-n25-trillion-auctions-on-monday
…Investors pour N2.55trn in bids on Strong Demand for 127-Day Paper despite moderating yieldsRegulation,Tax & ComplianceNew eviction laws coming to South Africa – with a R2 million fine or jail time on the tableNews Aggregation TeamWednesday, July 15, 2026 1:00 am
https://africa.managersofwealth.com/article/42849/new-eviction-laws-coming-to-south-africa-ampndash-with-a-r2-million-fine-or-jail-time-on-the-table
Courts are being required to look beyond ownership and consider the broader contextRegulation,Tax & ComplianceNigeria’s overnight funding market hits N97.45 trillion in June, highest since launchNews Aggregation TeamTuesday, July 14, 2026 1:00 am
https://africa.managersofwealth.com/article/42838/nigeriaamprsquos-overnight-funding-market-hits-n9745-trillion-in-june-highest-since-launch
...Average daily market activity rises 10.9% as benchmark overnight funding rate holds steady at 22%Regulation,Tax & ComplianceWarning to South Africans with retirement fundsNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42830/warning-to-south-africans-with-retirement-funds
This is at the upper end of the Reserve Bank’s new tolerance band, which allows for swings of one percentage point around the 3% target.Regulation,Tax & ComplianceAwosika urges entrepreneurs to embrace leadership, humility, financial disciplineNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42831/awosika-urges-entrepreneurs-to-embrace-leadership-humility-financial-discipline
She added that true leadership is about influence rather than authority.Regulation,Tax & ComplianceT-bills auction: Government exceeds target by 77%; but to pay more for one-year bill at maturityNews Aggregation TeamMonday, July 13, 2026 1:00 am
https://africa.managersofwealth.com/article/42835/t-bills-auction-government-exceeds-target-by-77-but-to-pay-more-for-one-year-bill-at-maturity
The government received GH¢10.03 billion of the bids from the investors. Regulation,Tax & ComplianceCBN’s proposed HoldCo capital rules could trigger investor fatigue, shareholders warnNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://africa.managersofwealth.com/article/42824/cbnamprsquos-proposed-holdco-capital-rules-could-trigger-investor-fatigue-shareholders-warn
The concerns come as the July 9, 2026 deadline for stakeholder comments on the draft guidelines elapsed.Regulation,Tax & ComplianceRand takes a hitNews Aggregation TeamThursday, July 09, 2026 1:00 am
https://africa.managersofwealth.com/article/42814/rand-takes-a-hit
Trump called the ceasefire “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz.Regulation,Tax & ComplianceWorld Bank drops climate funding target, raising fears for AfricaNews Aggregation TeamFriday, July 03, 2026 1:00 am
https://africa.managersofwealth.com/article/42783/world-bank-drops-climate-funding-target-raising-fears-for-africa
The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming woESGUBA mobilises employees for pan-African environmental clean-upNews Aggregation TeamMonday, June 29, 2026 1:00 am
https://africa.managersofwealth.com/article/42746/uba-mobilises-employees-for-pan-african-environmental-clean-up
It said the clean-up exercise was conducted simultaneously in cities including Lagos, Accra, Nairobi and Dakar as part of the bank’s environmental sustainability initiatives.ESGAbsa named green financial institution of the yearNews Aggregation TeamFriday, June 26, 2026 1:00 am
https://africa.managersofwealth.com/article/42738/absa-named-green-financial-institution-of-the-year
NEMA recognised Absa for its contribution to sustainable financing and environmental protection.ESGUnion Bank pushes collaboration on climate actionNews Aggregation TeamFriday, June 26, 2026 1:00 am
https://africa.managersofwealth.com/article/42741/union-bank-pushes-collaboration-on-climate-action
The bank, in partnership with the Nigerian Conservation Foundation, made the call during a symposium to commemorate the 2026 World Environment Day at the Lekki Conservation Centre in Lagos.ESGNigerian Banks and ESG: Between Optics and PracticeNews Aggregation TeamFriday, May 22, 2026 1:00 am
https://africa.managersofwealth.com/article/42552/nigerian-banks-and-esg-between-optics-and-practice
They are borne by ordinary citizens crushed in the crucibles of scorched earth and broken communities.ESGBOI bags global award for sustainable financeNews Aggregation TeamTuesday, April 28, 2026 1:00 am
https://africa.managersofwealth.com/article/42417/boi-bags-global-award-for-sustainable-finance
The award reflects the bank’s significant strides in advancing climate action, circular economy practices, and responsible resource management.ESGSMEs must embrace ESG to compete globally — UBA Ghana CEONews Aggregation TeamTuesday, 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.ESGLagos pushes monetisation of climate, sustainability initiativesNews Aggregation TeamMonday, 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.ESGTransition finance – Unlocking decarbonisation in South Africa’s most important sectorsNews Aggregation TeamMonday, 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.ESGInsurance Industry Urged to Prioritise ESG to Sustain BusinessesNews Aggregation TeamTuesday, 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