Managers of Wealth - Africa https://africa.managersofwealth.com/ Tue, 17 Feb 2026 14:00:14 GMT part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP 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 South African billionaire cashes in R2.5 billion payday News Aggregation Team Wednesday, December 24, 2025 12:00 am https://africa.managersofwealth.com/article/41765/south-african-billionaire-cashes-in-r25-billion-payday Bekker sold the shares between 17 and 19 December in several transactions totalling R2.47 billion. Wealth and Asset Management Season's Greetings from Managers of Wealth News Team Wednesday, December 24, 2025 12:00 am https://africa.managersofwealth.com/article/41769/seasonamp039s-greetings-from-managers-of-wealth Happy New Year to all Wealth and Asset Management Why Mauritius is Africa’s new magnet for 1,200 millionaires from China, France News Aggregation Team Friday, December 19, 2025 12:00 am https://africa.managersofwealth.com/article/41741/why-mauritius-is-africaamprsquos-new-magnet-for-1200-millionaires-from-china-france Mauritius ranks second only to Morocco, which attracted about 1,400 millionaires over the same period. Wealth and Asset Management 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 Capitec Bank Names Former AWS Executive Andrew Baker as CIO News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42032/capitec-bank-names-former-aws-executive-andrew-baker-as-cio Baker will start immediately, showing Capitec’s commitment to innovation and providing secure digital services. Executive Moves Iress appoints Dominic Rey to lead SA wealth management News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42023/iress-appoints-dominic-rey-to-lead-sa-wealth-management The industry veteran has more than three decades of experience in several sectors. Executive Moves Absa to name M-Pesa boss as head of personal banking News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42006/absa-to-name-m-pesa-boss-as-head-of-personal-banking The appointment also gives East Africa representation at the highest decision-making echelons at Absa Executive Moves Absa Appoints Fintech Veteran Sitoyo Lopokoiyit to Drive Personal and Private Banking Expansion News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42011/absa-appoints-fintech-veteran-sitoyo-lopokoiyit-to-drive-personal-and-private-banking-expansion This appointment represents an important step in Absa’s ongoing focus on delivering integrated, customer centric solutions across its Personal and Private Banking franchise, while also exploring new growth opportunities. Executive Moves DTC Botswana Appoints New Managing Director News Aggregation Team Monday, February 09, 2026 12:00 am https://africa.managersofwealth.com/article/41984/dtc-botswana-appoints-new-managing-director Leburu takes over from Sedireng Serumola, who was DTC Botswana’s managing director for six years. Executive Moves UBA Group appoints Loknath Mishra as Chief Executive Officer of UBA UK News Aggregation Team Friday, February 06, 2026 12:00 am https://africa.managersofwealth.com/article/41975/uba-group-appoints-loknath-mishra-as-chief-executive-officer-of-uba-uk This appointment forms part of the Group’s strategy to strengthen its international presence and position UBA UK as a strategic platform connecting Africa to global markets. Executive Moves Iress Appoints Dominic Rey to Lead Wealth Management in South Africa News Aggregation Team Wednesday, February 04, 2026 12:00 am https://africa.managersofwealth.com/article/41965/iress-appoints-dominic-rey-to-lead-wealth-management-in-south-africa His appointment strengthens Iress’ commitment to deep financial services domain expertise, strong execution, and delivering greater value for wealth management clients. Executive Moves Jonathan Dale Joins Evercore as Senior Managing Director in the Consumer Group News Aggregation Team Tuesday, February 03, 2026 12:00 am https://africa.managersofwealth.com/article/41950/jonathan-dale-joins-evercore-as-senior-managing-director-in-the-consumer-group Mr. Dale brings nearly 20 years of investment banking experience to Evercore. Executive Moves BOI Appoints Mubarak MD of Investment Company News Aggregation Team Monday, January 26, 2026 12:00 am https://africa.managersofwealth.com/article/41909/boi-appoints-mubarak-md-of-investment-company Prior to her appointment, she held various senior leadership roles at the Bank of Industry, where she was part of the team that drove significant impact across key sectors of the economy. Executive Moves Andre de Ruyter is back home with a new job News Aggregation Team Tuesday, January 20, 2026 12:00 am https://africa.managersofwealth.com/article/41879/andre-de-ruyter-is-back-home-with-a-new-job After a period of intense public scrutiny, he largely stepped away from South Africa and public life. Executive Moves Cybercrime Act being used to suppress free speech — NBA president News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42010/cybercrime-act-being-used-to-suppress-free-speech-ampmdash-nba-president According to Osigwe, the judiciary is complicit in this trend. Legal Glencore, AFC, Mauritius Bank, Fidelity Sue First Bank Trustees and Receiver, Abubakar Sulu Gambari News Aggregation Team Thursday, January 22, 2026 12:00 am https://africa.managersofwealth.com/article/41899/glencore-afc-mauritius-bank-fidelity-sue-first-bank-trustees-and-receiver-abubakar-sulu-gambari Neconde Energy Limited, a prominent player in Nigeria’s oil and gas sector, holds 45% interests in OML 42, an oil asset of strategic importance. Legal SCA orders FirstRand to repay client R170k for defective bakkie News Aggregation Team Wednesday, December 17, 2025 12:00 am https://africa.managersofwealth.com/article/41728/sca-orders-firstrand-to-repay-client-r170k-for-defective-bakkie Aletta van Niekerk was appealing a North West High Court judgment in favour of FirstRand. Legal Dentons expands presence in Africa with leading firm in Cameroon News Team Tuesday, December 16, 2025 12:00 am https://africa.managersofwealth.com/article/41717/dentons-expands-presence-in-africa-with-leading-firm-in-cameroon Cameroon’s role as a major transit hub positions it as a gateway for global business activity. Legal 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 Baker Botts Transaction Wins Sukuk Deal of the Year at GBM Awards Africa 2026 for the Arab Republic of Egypt News Team Tuesday, February 10, 2026 12:00 am https://africa.managersofwealth.com/article/41989/baker-botts-transaction-wins-sukuk-deal-of-the-year-at-gbm-awards-africa-2026-for-the-arab-republic-of-egypt The award follows the firm’s recognition at the Islamic Finance News’ Deal of the Year 2025 Awards, where it was named Best Deal in Oman for advising on Oman’s U.S.$1 billion sovereign Sukuk issuance. FinTech Private markets push for world’s wealthy runs Into AI meltdown News Aggregation Team Tuesday, February 10, 2026 12:00 am https://africa.managersofwealth.com/article/41991/private-markets-push-for-worldamprsquos-wealthy-runs-into-ai-meltdown Software slump and falling asset-manager stocks raise questions as industry targets retail capital. FinTech South Africa’s stablecoin silence is becoming a policy failure News Aggregation Team Monday, February 09, 2026 12:00 am https://africa.managersofwealth.com/article/41982/south-africaamprsquos-stablecoin-silence-is-becoming-a-policy-failure Stablecoins are reshaping global finance, but South Africa’s regulatory inaction risks leaving consumers and banks exposed. FinTech New warning to South Africans using banking apps on their phones News Aggregation Team Monday, February 09, 2026 12:00 am https://africa.managersofwealth.com/article/41986/new-warning-to-south-africans-using-banking-apps-on-their-phones Bonolo Sebolai, Head of Fraud at TymeBank, said that these scams are among the most sophisticated currently affecting South African consumers. FinTech Trillion-dollar tech wipeout ensnares all stocks in AI’s path News Aggregation Team Thursday, February 05, 2026 12:00 am https://africa.managersofwealth.com/article/41970/trillion-dollar-tech-wipeout-ensnares-all-stocks-in-aiamprsquos-path In the span of two days, hundreds of billions of dollars were wiped off the value of stocks, bonds and loans of companies big and small across Silicon Valley. FinTech MTN supports Ghana government “One Million Coders” initiative with $2m News Aggregation Team Thursday, February 05, 2026 12:00 am https://africa.managersofwealth.com/article/41972/mtn-supports-ghana-government-ampldquoone-million-codersamprdquo-initiative-with-2m The Pan African AI Summit (PAAIS) 2026 would return to Ghana for the second time from September 22 to 23, at the Kempinski Hotel in Accra. FinTech OPay named The Sun’s first-ever Fintech/Digital Bank of the Year 2025 News Aggregation Team Wednesday, February 04, 2026 12:00 am https://africa.managersofwealth.com/article/41957/opay-named-the-sunamprsquos-first-ever-fintechdigital-bank-of-the-year-2025 The award recognises OPay’s integrated platform, which brings together mobile banking, digital wallets, fast payments, merchant services, and lifestyle solutions in one place. FinTech How technology can help bank Africa’s informal economy News Aggregation Team Monday, February 02, 2026 12:00 am https://africa.managersofwealth.com/article/41948/how-technology-can-help-bank-africaamprsquos-informal-economy This tension is arguably most evident in financial services FinTech Telcos plan N1.4tn investment on network expansion – NCC News Aggregation Team Friday, January 30, 2026 12:00 am https://africa.managersofwealth.com/article/41946/telcos-plan-n14tn-investment-on-network-expansion-ampndash-ncc Africa’s most populous country faces rising data demand FinTech KPMG’s Tech Report Reveals Decisive Shift among Technology Leaders News Aggregation Team Thursday, January 29, 2026 12:00 am https://africa.managersofwealth.com/article/41938/kpmgamprsquos-tech-report-reveals-decisive-shift-among-technology-leaders With direct implications for African and global enterprises navigating digital transformation, the report offers timely insights into what separates organisations that scale AI successfully FinTech IOM, Fidelity Bank Ghana Ltd partner to boost financial literacy for Ghanaian returnees News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42030/iom-fidelity-bank-ghana-ltd-partner-to-boost-financial-literacy-for-ghanaian-returnees The initiative addresses a critical gap in support for migrants who return to Ghana, often with limited resources and facing social stigma. Retail Banking Access Bank Unveils Platform To Promote Local-currency Transfers Across Africa News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42036/access-bank-unveils-platform-to-promote-local-currency-transfers-across-africa LEADERSHIP reports that PAPSS enables individuals and businesses to secure real-time transfers between African countries without relying on foreign currencies. Retail Banking PalmPay unveils in-app AfriGO card requests News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42027/palmpay-unveils-in-app-afrigo-card-requests The scheme is designed to deepen financial inclusion, reduce transaction costs, enhance payment efficiency and support Nigeria’s transition to a digital economy. Retail Banking NDIC insures 99% depositors, urges BVN linkage News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42015/ndic-insures-99-depositors-urges-bvn-linkage The trade fair, organised by the Kaduna Chamber of Commerce, Industry, Mines and Agriculture, had as its theme, “From Reforms to Results: Economic Transformation through Sustained Local Content Development.” Retail Banking Another massive profit jump for Capitec News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42009/another-massive-profit-jump-for-capitec The group also expects its earnings per share to rise by 20% to 25%, to a range of 14,293 cents to 14,889 cents per share. Retail Banking UBA revamps agency, merchant banking services News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42013/uba-revamps-agency-merchant-banking-services UBA’s Executive Director Designate, Digital Banking, Emmanuel Lamptey, who spoke at the event, said, “Today’s session marks a pivotal step in our collective journey to democratise financial access in Nigeria. Retail Banking Major international bank betting big on South Africa News Aggregation Team Wednesday, February 11, 2026 12:00 am https://africa.managersofwealth.com/article/42000/major-international-bank-betting-big-on-south-africa The deal would also allow Bidvest to focus on its core operations, with the proceeds used to settle its existing debt. Retail Banking Access Bank’s bid to acquire South Africa’s Bidvest Bank collapses News Aggregation Team Wednesday, February 11, 2026 12:00 am https://africa.managersofwealth.com/article/42001/access-bankamprsquos-bid-to-acquire-south-africaamprsquos-bidvest-bank-collapses The collapse brings to an end a deal that was expected to significantly expand Access Bank’s footprint in Southern Africa. Retail Banking Ecobank Transnational Posts N4.8trn Gross Earnings News Aggregation Team Tuesday, February 10, 2026 12:00 am https://africa.managersofwealth.com/article/41996/ecobank-transnational-posts-n48trn-gross-earnings The group reported gross earnings of N4.82 trillion in 2025, up from N4.21 trillion in 2024, with interest and non-interest income both contributing to the expansion. Retail Banking Alarm bells over popular payment method in South Africa News Aggregation Team Monday, February 09, 2026 12:00 am https://africa.managersofwealth.com/article/41983/alarm-bells-over-popular-payment-method-in-south-africa Scherman is concerned that the use of this payment option could spiral out of control in South Africa without proper regulation or understanding. 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 South Africa dominates Africa’s 2025 M&A deal values News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42034/south-africa-dominates-africaamprsquos-2025-mampampa-deal-values But regional mega-deal activity is down due to global uncertainties. Alternative Investments Ethiopia Strengthens Strategic Partnerships with Major International Financial Institutions News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42024/ethiopia-strengthens-strategic-partnerships-with-major-international-financial-institutions The engagements underscore mutual confidence in Ethiopia’s partnerships with AfDB, IFAD, and BADEA Alternative Investments Should I invest in a three-year or five-year fixed deposit at retirement? News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42017/should-i-invest-in-a-three-year-or-five-year-fixed-deposit-at-retirement Besides returns, tax, estate planning, diversification and flexibility must also be considered. Alternative Investments Sanlam Private Equity takes majority stake in Medhold News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42018/sanlam-private-equity-takes-majority-stake-in-medhold Investment set to support Medhold and help it scale its distribution of advanced medical technologies. Alternative Investments Ghana’s growth slows to 4.2% in November as industry falters News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42019/ghanaamprsquos-growth-slows-to-42-in-november-as-industry-falters This compares with a stronger 7.1 per cent expansion recorded in November 2024, signalling a cooling in the pace of growth. Alternative Investments Money flooding into South Africa News Aggregation Team Tuesday, February 10, 2026 12:00 am https://africa.managersofwealth.com/article/41990/money-flooding-into-south-africa South Africa is a key producer of both metals. Alternative Investments Bringing funds into SA is now cheaper, faster and easier than ever News Aggregation Team Friday, February 06, 2026 12:00 am https://africa.managersofwealth.com/article/41980/bringing-funds-into-sa-is-now-cheaper-faster-and-easier-than-ever Future Forex is transforming how South Africans receive funds from abroad – pairing world-class technology with a truly white-glove client experience. Alternative Investments The benefits of health insurance in tough economic times News Aggregation Team Thursday, February 05, 2026 12:00 am https://africa.managersofwealth.com/article/41969/the-benefits-of-health-insurance-in-tough-economic-times Health insurance is emerging as a vital alternative for employees who can’t afford full medical aid. Alternative Investments R320 billion Eskom mega-project coming to South Africa News Aggregation Team Wednesday, February 04, 2026 12:00 am https://africa.managersofwealth.com/article/41958/r320-billion-eskom-mega-project-coming-to-south-africa Nedbank’s listing indicates 16.4% year-over-year growth in fixed investment plans for 2025, driven primarily by an increase in private-sector announcements. Alternative Investments Money set to flood into South Africa News Aggregation Team Wednesday, February 04, 2026 12:00 am https://africa.managersofwealth.com/article/41962/money-set-to-flood-into-south-africa While the global environment is still dealing with geopolitical tension and market volatility, South Africa is emerging as an increasingly attractive destination for capital. Alternative Investments South Africans are poorer than 20 years ago News Aggregation Team Wednesday, February 11, 2026 12:00 am https://africa.managersofwealth.com/article/42002/south-africans-are-poorer-than-20-years-ago Generally, higher per capita GDP indicates higher economic productivity and a higher standard of living. Comment, Analysis & Research Moody's upgrades outlook for Kenyan banks on interest rates fall News Aggregation Team Monday, February 09, 2026 12:00 am https://africa.managersofwealth.com/article/41988/moodyamp039s-upgrades-outlook-for-kenyan-banks-on-interest-rates-fall The agency raised the country’s rating from Caa1 to B3 in late January, six notches below investment grade. Comment, Analysis & Research Ghana’s inflation drops to 3.8% in January 2026, lowest since 2021 rebasing News Aggregation Team Friday, February 06, 2026 12:00 am https://africa.managersofwealth.com/article/41974/ghanaamprsquos-inflation-drops-to-38-in-january-2026-lowest-since-2021-rebasing On a month-on-month basis, inflation stood at 0.2 percent, indicating that the general price level increased marginally between December 2025 and January 2026. Comment, Analysis & Research Private credit rating agencies shape Africa’s access to debt News Aggregation Team Thursday, February 05, 2026 12:00 am https://africa.managersofwealth.com/article/41971/private-credit-rating-agencies-shape-africaamprsquos-access-to-debt Better oversight is needed. Comment, Analysis & Research How much you need to earn to be middle-class in South Africa News Aggregation Team Tuesday, February 03, 2026 12:00 am https://africa.managersofwealth.com/article/41953/how-much-you-need-to-earn-to-be-middle-class-in-south-africa To calculate ‘middle-class’ in South Africa, analysts take all salaries in the country and divide them by the number of employed people to find the average. Comment, Analysis & Research IMF adopts a more optimistic tone amid elevated risks News Team Thursday, January 29, 2026 12:00 am https://africa.managersofwealth.com/article/41933/imf-adopts-a-more-optimistic-tone-amid-elevated-risks Overall, these developments signal renewed confidence in the global economy’s underlying resilience. Comment, Analysis & Research Economic Week: Inflation May Reach 8.4% in 2027, Foreign Investment Accelerates, and Centralized Imports Threaten Jobs News Aggregation Team Monday, January 26, 2026 12:00 am https://africa.managersofwealth.com/article/41914/economic-week-inflation-may-reach-84-in-2027-foreign-investment-accelerates-and-centralized-imports-threaten-jobs British consultancy Oxford Economics anticipates a sharp rise in inflation in Mozambique over the next two years, driven by the restart of major liquefied natural gas projects and the likely monetary financing of the budget deficit. Comment, Analysis & Research South African billionaire’s company hits a new record News Aggregation Team Wednesday, January 21, 2026 12:00 am https://africa.managersofwealth.com/article/41888/south-african-billionaireamprsquos-company-hits-a-new-record It saw record net Cartrack subscriber additions of 111,478 (Q3 2025: 86,617). Comment, Analysis & Research The hammer South Africa should hope the US doesn’t drop: Dawie Roodt News Aggregation Team Monday, January 19, 2026 12:00 am https://africa.managersofwealth.com/article/41872/the-hammer-south-africa-should-hope-the-us-doesnamprsquot-drop-dawie-roodt Speaking in an interview with Biznews, Roodt said one of the significant risks is exposure to external shocks, particularly from the United States. Comment, Analysis & Research World Bank lifts South Africa growth outlook for 2025 News Aggregation Team Friday, January 16, 2026 12:00 am https://africa.managersofwealth.com/article/41865/world-bank-lifts-south-africa-growth-outlook-for-2025 Improved power supply and agriculture boost forecast, but trade risks cloud outlook Comment, Analysis & Research Tax Havens: Mirage or Threat for African Economies? News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42025/tax-havens-mirage-or-threat-for-african-economies Listing criteria keep changing, enforcement powers remain weak, and some highly advantageous tax jurisdictions still avoid being blacklisted. Tax GUTA clashes with GRA over new 20% VAT regime News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42014/guta-clashes-with-gra-over-new-20-vat-regime Mr Boateng urged traders not to surrender their old VAT booklets until an amicable resolution is reached. Tax South Africa: Controversial Eskom tariff increase approved after Nersa's recalculations News Aggregation Team Wednesday, February 11, 2026 12:00 am https://africa.managersofwealth.com/article/42004/south-africa-controversial-eskom-tariff-increase-approved-after-nersaamp039s-recalculations Eskom's prices will now rise 8.76% in April this year, and 8.83% in April 2027 instead of 5.36% and 6.19%, regulator Nersa said in a statement Tax New banking and tax rules impact receiving and remittance of rental income for foreign property owners in South Africa News Aggregation Team Wednesday, February 11, 2026 12:00 am https://africa.managersofwealth.com/article/42005/new-banking-and-tax-rules-impact-receiving-and-remittance-of-rental-income-for-foreign-property-owners-in-south-africa Many bona fide non-resident clients have recently been advised by their banks that rental income cannot be cleared Tax SARS gives final warning to taxpayers News Aggregation Team Tuesday, February 10, 2026 12:00 am https://africa.managersofwealth.com/article/41993/sars-gives-final-warning-to-taxpayers The revenue service said that all trusts, whether economically active or passive, are required to submit annual income tax returns. Tax Big VAT changes coming for South Africa News Aggregation Team Thursday, February 05, 2026 12:00 am https://africa.managersofwealth.com/article/41967/big-vat-changes-coming-for-south-africa Speaking with Business Day, SAIT acting deputy CEO Keitumetse Sesana said the modernisation programme offers clear benefits but comes with heightened responsibility for vendors. Tax SARS is coming after bank accounts in South Africa, hunting for R520 billion News Aggregation Team Wednesday, February 04, 2026 12:00 am https://africa.managersofwealth.com/article/41960/sars-is-coming-after-bank-accounts-in-south-africa-hunting-for-r520-billion “It is money that SARS accepts is legally due, final and payable. Tax South Africa heading for a tax shock News Aggregation Team Tuesday, February 03, 2026 12:00 am https://africa.managersofwealth.com/article/41952/south-africa-heading-for-a-tax-shock Collectively, they earned a taxable income of roughly R690 billion and were assessed for R149.5 billion of tax. Tax New tax law boosts disposable income of workers– Oyedele News Aggregation Team Thursday, January 29, 2026 12:00 am https://africa.managersofwealth.com/article/41935/new-tax-law-boosts-disposable-income-of-workersampndash-oyedele According to the committee’s data, 98% of workers in both the private and public sectors will experience either a reduction or a total removal of their Pay-As-You-Earn tax. Tax SARS is coming after taxpayers with a new weapon, leaving nowhere to hide News Aggregation Team Wednesday, January 28, 2026 12:00 am https://africa.managersofwealth.com/article/41927/sars-is-coming-after-taxpayers-with-a-new-weapon-leaving-nowhere-to-hide The proposals aim to grant the Financial Intelligence Centre (FIC) statutory power to conduct lifestyle audits. Tax No more ‘prime’ – Reserve Bank wants key rate to be used to price loans News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42031/no-more-amplsquoprimeamprsquo-ampndash-reserve-bank-wants-key-rate-to-be-used-to-price-loans Plans to phase out the prime lending rate and replace it with its own benchmark interest rate. Regulation,Tax & Compliance Another big turn for the rand News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42033/another-big-turn-for-the-rand Warsh was initially expected to be hawkish on US rate cuts, but has since come out as more dovish than those early impressions suggested. Regulation,Tax & Compliance China to implement zero tariffs on imports from 53 African countries News Aggregation Team Tuesday, February 17, 2026 12:00 am https://africa.managersofwealth.com/article/42035/china-to-implement-zero-tariffs-on-imports-from-53-african-countries China ​will ‌also continue ⁠to ⁠push for the negotiation ​and signing ‌of ⁠joint economic partnership pacts, and further expand market access for African exports Regulation,Tax & Compliance UBA unveils diaspora banking to connect Africans with opportunities News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42028/uba-unveils-diaspora-banking-to-connect-africans-with-opportunities This platform represents a transition from simple money transfers to a financial ecosystem Regulation,Tax & Compliance Land Bank declines to confirm R50m ransom claim as cyber investigation continues News Aggregation Team Monday, February 16, 2026 12:00 am https://africa.managersofwealth.com/article/42029/land-bank-declines-to-confirm-r50m-ransom-claim-as-cyber-investigation-continues It remains unclear whether any ransom was paid. Regulation,Tax & Compliance Flawed policy and tariffs deepen SA’s municipal power crisis News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42016/flawed-policy-and-tariffs-deepen-saamprsquos-municipal-power-crisis At the centre of this issue is Nersa’s annual tariff determination process. Regulation,Tax & Compliance CBN approves BDCs’ return to forex market, allows purchase of up to $150,000 weekly News Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42020/cbn-approves-bdcsamprsquo-return-to-forex-market-allows-purchase-of-up-to-150000-weekly Third-party transactions were prohibited, while cash settlements were capped at 25 per cent of each transaction Regulation,Tax & Compliance Zimbabwe’s ZiG, a mirage on the far horizon News Aggregation Team Friday, February 13, 2026 12:00 am https://africa.managersofwealth.com/article/42021/zimbabweamprsquos-zig-a-mirage-on-the-far-horizon Inflation or no inflation, the ZiG is all but a mirage shimmering on the far horizon Regulation,Tax & Compliance SARS freezing bank accounts of one group of taxpayers News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42007/sars-freezing-bank-accounts-of-one-group-of-taxpayers Instead of sticking to their mandates, he believes the authorities are trying to overlap into each other’s jurisdiction and causing confusion. Regulation,Tax & Compliance IMF sends a warning to South Africa News Aggregation Team Thursday, February 12, 2026 12:00 am https://africa.managersofwealth.com/article/42008/imf-sends-a-warning-to-south-africa Economic prospects for 2026 are looking better, with GDP growth expected at 1.4% in 2026 and rising to 1.8% over the medium term. Regulation,Tax & Compliance 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 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