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South Africa’s wealth management sector hits $722bn

By: Pedro Goncalves | 30 Jul 2018

Total private wealth held in South Africa rose from US$670bn at the end of 2016 to US$722bn at the end of 2017, whilst HNWI wealth rose from…

Allianz Care teams up with Mozambican insurer ICE

By: Pedro Goncalves | 19 Jul 2018

Allianz Care has forged an alliance with Mozambique-based insurance provider ICE Insurance to offer international health-insurance services for expats and locals in the African country. The deal…

Mauritius is the fastest growing wealth market in Africa: study

By: Pedro Goncalves | 12 Jul 2018

The number of millionaires on the offshore island of Mauritius has grown by 20% in the last year, making it the fastest growing wealth market in Africa,…

Old Mutual signs bancassurance deal in Nigeria

By: Pedro Goncalves | 09 Jul 2018

Old Mutual has signed a bancassurance agreement with Ecobank Nigeria to provide insurance products and a service to the bank’s customers. Initially, Old Mutual will market life…

CISI opens first Africa office in Nairobi

By: Christopher Copper-Ind | 14 Jun 2018

The Chartered Institute for Securities & Investment (CISI) has this month opened its first African office, in Nairobi, Kenya. Based in the Westlands district of Nairobi the…

Mauritius is the new property ‘hot spot’ for foreign investors

By: Christopher Copper-Ind | 07 Jun 2018

A recent relaxation of the rules governing Mauritian property and residency has seen a dramatic surge in the number of foreigners investing in the Indian Ocean island.…

Egypt’s economic outlook ‘fundamentally optimistic’: HSBC

By: Christopher Copper-Ind | 23 May 2018

HSBC is “fundamentally” optimistic on Egypt’s near-term outlook, the international banking group’s chief economist for Central and Eastern Europe, Middle East and Africa Simon Williams said at…

Carrick Wealth Botswana appoints Ben Nevin to head business

By: Christopher Copper-Ind | 21 May 2018

Carrick Wealth today announced the appointment of Ben Nevin as manager, wealth management and advisory – Botswana. Nevin showed his leadership strength while working as a Wealth…

Comment: Angola’s unlikely reformer

By: Yigal Chazan | 16 May 2018

Derided as a puppet of the former dos Santos regime, President Joao Lourenco is proving his doubters wrong, says Yigal Chazan. Expectations were low when he came…

Awareness issues hamper Ugandan life insurance push

By: Gary Robinson | 11 May 2018

Poor awareness about the variety of insurance products and benefits available is hampering Uganda’s life insurance penetration, according to the region’s biggest players. Speaking in Kampala, Prudential…

Old Mutual sets out details of its restructuring ahead of flotation

By: Christopher Copper-Ind | 24 Apr 2018

Old Mutual, the British and South African international financial services group, has clarified the final details of its long-planned break-up, as the company readies itself to split…

Ashburton unveils partnership with Fidelity Int’l on multi asset

By: Helen Burggraf | 23 Apr 2018

Ashburton Investments, the asset management arm of the FirstRand Group, has entered a strategic partnership with Fidelity International, the $324bn global asset manager, the companies announced today.…

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