Managers of Wealth - Africa https://africa.managersofwealth.com/ Mon, 06 Apr 2026 13:25:03 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP 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 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 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 Delta appoints Matt Long as MD for Europe, Africa News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42253/delta-appoints-matt-long-as-md-for-europe-africa In this role, Matt will help ensure that Delta continues to deliver the thoughtful, reliable and best-in-class experience customers expect when flying across the Atlantic. Executive Moves Ericsson Appoints Country Head of South Africa News Aggregation Team Tuesday, March 24, 2026 12:00 am https://africa.managersofwealth.com/article/42230/ericsson-appoints-country-head-of-south-africa His career includes senior positions such as Head of Sales for Market Vertical and Enterprise, Sales Executive for Mobile Networks, and Strategic Account Manager. Executive Moves Trevor Manuel retires from Old Mutual News Aggregation Team Tuesday, March 17, 2026 12:00 am https://africa.managersofwealth.com/article/42195/trevor-manuel-retires-from-old-mutual Jardine will assume the chairmanship at the company’s Annual General Meeting to be held on 5 June 2026. Executive Moves Sam Ngumeni to take over as Woolworths Group CEO from Roy Bagattini News Aggregation Team Friday, March 13, 2026 12:00 am https://africa.managersofwealth.com/article/42180/sam-ngumeni-to-take-over-as-woolworths-group-ceo-from-roy-bagattini When Bagattini retires after six years at the helm later this year. Executive Moves Loewald to join PSG board post-Sarb retirement News Aggregation Team Thursday, March 12, 2026 12:00 am https://africa.managersofwealth.com/article/42166/loewald-to-join-psg-board-post-sarb-retirement Former Reserve Bank chief economist joins ranks of private sector leaders Executive Moves Wema Bank executive appointed 2026 SABRE Awards juror News Aggregation Team Thursday, March 12, 2026 12:00 am https://africa.managersofwealth.com/article/42170/wema-bank-executive-appointed-2026-sabre-awards-juror Reflecting on the role’s significance and the current state of the industry, Adeteye noted that the African PR landscape is undergoing a fundamental transformation. Executive Moves African Bank boss Kennedy Bungane resigns with immediate effect News Aggregation Team Monday, March 09, 2026 12:00 am https://africa.managersofwealth.com/article/42143/african-bank-boss-kennedy-bungane-resigns-with-immediate-effect Group names Zweli Manyathi as interim CEO. Executive Moves Van Schalkwyk appointed Momentum Metropolitan regional manager News Aggregation Team Monday, March 09, 2026 12:00 am https://africa.managersofwealth.com/article/42149/van-schalkwyk-appointed-momentum-metropolitan-regional-manager Momentum Metropolitan Namibia has appointed Joggie van Schalkwyk as regional manager within its Momentum Metropolitan Retail business unit. Executive Moves 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 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 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 Does SA really need another ZAR stablecoin?Langelihle Nkabinde from Easy News Aggregation Team Friday, March 20, 2026 12:00 am https://africa.managersofwealth.com/article/42213/does-sa-really-need-another-zar-stablecoinlangelihle-nkabinde-from-easy Equities explains the role of the new Zaru rand stablecoin and why it’s so important. FinTech African banks face “survival mode” as fintech disruptors reshape the region’s financial sector News Aggregation Team Tuesday, March 17, 2026 12:00 am https://africa.managersofwealth.com/article/42192/african-banks-face-ampldquosurvival-modeamprdquo-as-fintech-disruptors-reshape-the-regionamprsquos-financial-sector Traditional banks in East Africa are confronting an uncertain future as financial technology firms expand rapidly and regulators begin to open the door to their innovations. FinTech Nigeria records $96bn crypto transactions – SEC News Aggregation Team Tuesday, March 17, 2026 12:00 am https://africa.managersofwealth.com/article/42198/nigeria-records-96bn-crypto-transactions-ampndash-sec According to him, the regulatory framework governing the space has been reinforced with the enactment of the Investment and Securities Act 2025 FinTech South African telecoms group MTN swings to annual profit News Aggregation Team Monday, March 16, 2026 12:00 am https://africa.managersofwealth.com/article/42184/south-african-telecoms-group-mtn-swings-to-annual-profit South Africa-headquartered ​MTN had reported a restated ​loss before tax of 4.1 billion rand in 2024. FinTech MML’s MoMo transactions hit GH¢4.1trn in digital finance surge News Aggregation Team Monday, March 16, 2026 12:00 am https://africa.managersofwealth.com/article/42185/mmlamprsquos-momo-transactions-hit-ghampcent41trn-in-digital-finance-surge The sharp growth in float reflects increasing consumer trust in mobile wallets as a store of value and a key transactional platform in Ghana’s fast-evolving digital payments landscape. FinTech Good news for FNB customers in South Africa News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42287/good-news-for-fnb-customers-in-south-africa The expansion of the pilot programme, which was launched by Home Affairs over a decade ago, gives banks greater control over the system. Retail Banking Bank Zero partners with global payments processor News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42288/bank-zero-partners-with-global-payments-processor Link-up with Paymentology will enable fintechs, retailers, SMEs, and digital platforms to offer financial products through Mastercard card issuing. Retail Banking A new low-cost bank launching in South Africa next year News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42289/a-new-low-cost-bank-launching-in-south-africa-next-year Unlike traditional banks, Pepkor already has a strong presence in communities across the country. Retail Banking Ecobank Ghana reports GH¢1.82billion profit for 2025 News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42282/ecobank-ghana-reports-ghampcent182billion-profit-for-2025 Total assets of the group stood at GH¢47.33 billion as at December 31, 2025, compared to GH¢46.00 billion in the prior year. Retail Banking Ecobank Reports 194% Surge in Lending to Women-led Businesses News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42271/ecobank-reports-194-surge-in-lending-to-women-led-businesses Women entrepreneurs play a vital role in Africa’s economies, creating jobs, supporting families and strengthening local value chains. Retail Banking FirstBank backs ChessMasters 2026 to deepen youth development, financial inclusion News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42273/firstbank-backs-chessmasters-2026-to-deepen-youth-development-financial-inclusion Unveiled in Lagos, the collaboration underscores the bank’s strategy to leverage education and sports as tools for talent development, inclusion, and long-term community impact. Retail Banking From potential to performance: A snapshot of African banking News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42275/from-potential-to-performance-a-snapshot-of-african-banking As tailwinds fade and competition intensifies, African banks can convert today’s momentum into durable growth for the industry. Retail Banking More South African banks eye Kenya as next expansion frontier News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42263/more-south-african-banks-eye-kenya-as-next-expansion-frontier At the heart of the move are new minimum capital requirements in Kenya, which are forcing smaller lenders to seek strategic partners or consolidation, creating a rare window for acquisitions. Retail Banking Great news for Capitec customers in South Africa News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42257/great-news-for-capitec-customers-in-south-africa The bank has now made Smart ID services available in every province in the country, giving it the widest reach across all banks. Retail Banking New N100m loan scheme targets Nigerian micro-entrepreneurs News Aggregation Team Thursday, March 26, 2026 12:00 am https://africa.managersofwealth.com/article/42247/new-n100m-loan-scheme-targets-nigerian-micro-entrepreneurs The facility targets the informal sector, where micro-entrepreneurs often struggle to secure capital due to stringent collateral requirements from larger banks. Retail 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 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 SARS rakes in record amount from taxpayers, and important South African company loses R3 trillion News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42285/sars-rakes-in-record-amount-from-taxpayers-and-important-south-african-company-loses-r3-trillion Global investor confidence was lifted by comments from President Donald Trump, indicating that the US could conclude its military campaign against Iran within two to three weeks. Alternative Investments Ghana inflation falls to 3.2% in March 2026 News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42290/ghana-inflation-falls-to-32-in-march-2026 The 3.2 per cent inflation rate for March 2026 marks the lowest level in about three decades since August 1999, when inflation was 1.4 per cent and the lowest rate recorded following the 2021 CPI rebasing. Alternative Investments TotalEnergies Ghana profit rises 9%; declares final dividend of GH¢2.3 News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42291/totalenergies-ghana-profit-rises-9-declares-final-dividend-of-ghampcent23 Profit before tax increased to GH¢467.87 million from GH¢424.32 million in the prior year. Alternative Investments African banks outpace global peers on returns as revenues top $100bln, McKinsey says News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42292/african-banks-outpace-global-peers-on-returns-as-revenues-top-100bln-mckinsey-says On a constant-currency basis, banking revenues grew by around 17% a year between 2020 and 2024 Alternative Investments African Development Bank’s mid-term review reaffirms strategic partnership priorities in Kenya News Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42276/african-development-bankamprsquos-mid-term-review-reaffirms-strategic-partnership-priorities-in-kenya Discussions also identified measures to accelerate implementation and results during the remaining CSP period. Alternative Investments South Africa Capital Raising Trends in Focus News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42277/south-africa-capital-raising-trends-in-focus Access to capital is evolving and understanding how is key. Alternative Investments South Africa records foreign direct investment inflows of $2.4bln in Q4 News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42283/south-africa-records-foreign-direct-investment-inflows-of-24bln-in-q4 Portfolio investment inflows ‌fell to 2.8 billion rand ⁠in October-December from ​inflows of 40.7 billion rand Alternative Investments BOI Secures €50m European Investment Bank Healthcare Funding News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42269/boi-secures-ampeuro50m-european-investment-bank-healthcare-funding “BOI acknowledges the partnership of the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) as a key advisory body driving Nigeria’s healthcare ecosystem development. Alternative Investments Nigeria’s reforms driving strong domestic capital mobilisation — NGX Group CEO News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42270/nigeriaamprsquos-reforms-driving-strong-domestic-capital-mobilisation-ampmdash-ngx-group-ceo Drawing comparisons with countries such as Indonesia, Brazil and India, Popoola noted that economies that implemented structural reforms often witnessed strong domestic capital mobilisation and strengthened corporate balance sheets. Alternative Investments Melesia Adderley wins Caribbean and African Women of Impact award News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42261/melesia-adderley-wins-caribbean-and-african-women-of-impact-award Adderley launched Women’s Haven eight years ago, and the business now sells organic pads, liners, tampons and other feminine products in 12 countries across the region. Alternative Investments 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 Retirement shock for South Africa News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42238/retirement-shock-for-south-africa The first group consists of around two million relatively affluent retirees who had access to stable employment and the opportunity to save during their working lives. Comment, Analysis & Research Does Nedbank really need a board of 19 directors? News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42240/does-nedbank-really-need-a-board-of-19-directors It paid more than R28m to non-execs last year, and that figure is set to rise … Comment, Analysis & Research From bad to much worse for interest rates in South Africa News Aggregation Team Tuesday, March 24, 2026 12:00 am https://africa.managersofwealth.com/article/42236/from-bad-to-much-worse-for-interest-rates-in-south-africa Markets had previously seen between two and four rate cuts from the South African Reserve Bank (SARB) over the next 18 months, with inflation seen as being under control. Comment, Analysis & Research Rising reserves amid cautious FX outlook News Team Thursday, March 19, 2026 12:00 am https://africa.managersofwealth.com/article/42211/rising-reserves-amid-cautious-fx-outlook Having steadily increased since Jul ’25, Comment, Analysis & Research South Africans earning more than R180,000 a year are in trouble News Aggregation Team Monday, March 09, 2026 12:00 am https://africa.managersofwealth.com/article/42146/south-africans-earning-more-than-r180000-a-year-are-in-trouble The report showed that while higher-income earners continue to access large amounts of credit, defaults and overdue balances are rising across multiple income segments. Comment, Analysis & Research Ghana inflation falls to 3.3% in February 2026 News Aggregation Team Friday, March 06, 2026 12:00 am https://africa.managersofwealth.com/article/42139/ghana-inflation-falls-to-33-in-february-2026 Data from GSS showed that food inflation eased to 2.4 per cent, down from 3.9 per cent in January, Comment, Analysis & Research Ghana records 14th straight drop in inflation News Aggregation Team Thursday, March 05, 2026 12:00 am https://africa.managersofwealth.com/article/42127/ghana-records-14th-straight-drop-in-inflation The February rate marks a 19.8 percentage point plunge from the 23.1 per cent recorded in the same month last year. Comment, Analysis & Research Visa survey reveals South Africa's rapidly evolving payment landscape News Aggregation Team Thursday, March 05, 2026 12:00 am https://africa.managersofwealth.com/article/42128/visa-survey-reveals-south-africaamp039s-rapidly-evolving-payment-landscape This confidence is reinforced by the widespread adoption of advanced payment security tools Comment, Analysis & Research 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 Tanzania tax review warns of trust erosion, proposes sweeping overhaul News Aggregation Team Monday, March 23, 2026 12:00 am https://africa.managersofwealth.com/article/42227/tanzania-tax-review-warns-of-trust-erosion-proposes-sweeping-overhaul System overhaulThe report also criticises existing tax dispute mechanisms as weak, leaving taxpayers feeling unprotected when challenging TRA decisions Tax Burkina Faso Evaluates Wealth Tax Options Through ATAF Engagement News Aggregation Team Monday, March 16, 2026 12:00 am https://africa.managersofwealth.com/article/42182/burkina-faso-evaluates-wealth-tax-options-through-ataf-engagement Engagements have also included private-sector stakeholders such as financial institutions, audit firms and legal practitioners, to ensure a comprehensive and balanced assessment. Tax SARS has a new WhatsApp weapon to come after taxpayers News Aggregation Team Wednesday, March 11, 2026 12:00 am https://africa.managersofwealth.com/article/42159/sars-has-a-new-whatsapp-weapon-to-come-after-taxpayers “Taxpayers should no longer assume that SARS communicates solely through these methods,” Tax Consulting SA said. Tax New tax year triggers surge in two-pot claims News Aggregation Team Wednesday, March 11, 2026 12:00 am https://africa.managersofwealth.com/article/42162/new-tax-year-triggers-surge-in-two-pot-claims Volume of repeat withdrawals raises concerns, says Old Mutual. Tax Huge changes to VAT laws in South Africa News Aggregation Team Friday, March 06, 2026 12:00 am https://africa.managersofwealth.com/article/42136/huge-changes-to-vat-laws-in-south-africa The high court then heard an urgent application by the DA and the EFF to set aside the adoption of the Fiscal Framework by the National Assembly and the National Council of Provinces. Tax Bad news for taxpayers in South Africa, and South Africa’s R35 billion waterfront ‘city’ mess News Aggregation Team Wednesday, March 04, 2026 12:00 am https://africa.managersofwealth.com/article/42119/bad-news-for-taxpayers-in-south-africa-and-south-africaamprsquos-r35-billion-waterfront-amplsquocityamprsquo-mess Analysts noted that the drop in commodity prices could significantly affect the Johannesburg bourse Tax Amid budget pressures, Nigeria moves to borrow $6 billion from Citi, Abu Dhabi Bank News Aggregation Team Thursday, April 02, 2026 1:00 am https://africa.managersofwealth.com/article/42286/amid-budget-pressures-nigeria-moves-to-borrow-6-billion-from-citi-abu-dhabi-bank Nigeria’s parliament has approved a $6 billion external borrowing plan from Citigroup and First Abu Dhabi Bank, as the government seeks fresh funding to support rising spending needs and ease mounting fiscal pressure. Regulation,Tax & Compliance Nigerian lawmakers approve increased $49.4bn 2026 budget News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42281/nigerian-lawmakers-approve-increased-494bn-2026-budget Tinubu presented ⁠a 58.47 trillion naira budget to the National Assembly on December ​19, saying it was aimed at consolidating economic reforms and accelerating growth. Regulation,Tax & Compliance Nigeria: Naira gains against Pound, trades at $1.32 amid CBN reforms News Aggregation Team Wednesday, April 01, 2026 1:00 am https://africa.managersofwealth.com/article/42284/nigeria-naira-gains-against-pound-trades-at-132-amid-cbn-reforms The naira’s break below the N1,900/£ psychological threshold is seen as a key development, boosting investor confidence and reinforcing a more stable outlook for the currency after months of volatility. Regulation,Tax & Compliance Fed Govt shifts to private investment for growth, jobs News Aggregation Team Tuesday, March 31, 2026 1:00 am https://africa.managersofwealth.com/article/42272/fed-govt-shifts-to-private-investment-for-growth-jobs Edun said the government’s goal is to build on recent stabilisation measures by encouraging stronger participation from private investors. Regulation,Tax & Compliance Reserve Bank holds interest rates in South Africa News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42256/reserve-bank-holds-interest-rates-in-south-africa The decision did not come as a surprise, as economists and analysts had anticipated the position. Regulation,Tax & Compliance Why SA needs stablecoin regulations – and fast News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42258/why-sa-needs-stablecoin-regulations-ampndash-and-fast Wiehann Olivier from Forvis Mazars explains what new stablecoin regulations will look like and why SA needs to speed up its regulatory reform. Regulation,Tax & Compliance Sarb holds rate steady at 6.75% News Aggregation Team Friday, March 27, 2026 12:00 am https://africa.managersofwealth.com/article/42260/sarb-holds-rate-steady-at-675 Despite oil spike and inflation risks. Regulation,Tax & Compliance Ghana government signs Service Level Agreement to enforce electronic payments News Aggregation Team Thursday, March 26, 2026 12:00 am https://africa.managersofwealth.com/article/42248/ghana-government-signs-service-level-agreement-to-enforce-electronic-payments ...And phase out manual cheques Regulation,Tax & Compliance Get ready for major pain in South Africa News Aggregation Team Wednesday, March 25, 2026 12:00 am https://africa.managersofwealth.com/article/42244/get-ready-for-major-pain-in-south-africa The index shows that the average nominal salary stabilised in the first two months of the year, hitting R21,550 in February (up 0.1% from January). Regulation,Tax & Compliance 34 banks scale recapitalisation hurdle News Aggregation Team Tuesday, March 24, 2026 12:00 am https://africa.managersofwealth.com/article/42231/34-banks-scale-recapitalisation-hurdle The Central Bank of Nigeria (CBN) is expected to issue final status report next week. Regulation,Tax & Compliance 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 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