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South Africa’s National Treasury has reacted to pressure from expats all over the world, over its plans to scrap a tax exemption on overseas earnings and announced that…
Old Mutual Wealth, the UK-based wealth management arm of South Africa’s Old Mutual plc, has named John Porteous to the newly-created role of retail customer solutions director.…
Old Mutual Wealth is creating a new multi-asset business, that will sit as a separate investment entity from its current investment arm Old Mutual Global Investors (OMGI).…
In a country where a significant percentage of the population cannot afford a bank account, a ‘budget bank’ is challenging the market share of the ‘big four’…
Time is running out for South Africans living abroad and hoping to force the government to back down on plans to tax SA workers for the money…
Barclays Barclays has named Bjorn Holderbeke to head up its MENA global investments and solutions (GIS) operations for its private banking business in that region, based in…
Old Mutual Wealth, the UK-based arm of Old Mutual plc, moved strongly into profit in the six months to the end of June, compared with a loss of…
Late summer is a time when stories about the year’s annual flotilla of boatsful of African migrants attempting to emigrate to Europe appear in the world’s news…
Carrick Wealth, a Cape Town, South Africa-based, expat-focused advisory firm founded in 2014 by four already-Africa-based financial advisers, has launched a recruitment drive, as it prepares to…
The Dubai Islamic Bank has revealed plans to expand in East Africa, once it settles into its new base in Kenya, where it obtained regulatory permission to…
The proposed scrapping South Africa’s expats’ tax exemption is “unjust, discriminatory and regressive”, according to deVere chief executive Nigel Green. As reported, plans are put forward by the country’s…
The South African government has outlined its plans to remove the foreign employment income tax exemption for South African expatriates, that will see thousands forced to pay…
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Peter Brigham, of Monaco's Rosemont International, explains why a multi-faceted global strategy is needed today for HNW clients
