Tag Archive for South Africa

seychelles_beach_bridge

Best Places To Visit in Africa This Christmas

Every year at Christmas time thousands of tourists fly to various countries in Africa for exotic and relaxing holidays. Christmas in Africa is a time of outdoor fun, due to the warm summer weather. Moreover, tourists to Africa during this time will observe the magnificent scenery whether it’s alo…

Luxury Spirit

Luxury Spirits in Africa Take a Leap

Traditionally, the ability to purchase luxury goods has been linked to wealth and in Africa this rings true. It was recently revealed that Africa has 18 people on the Forbes billionaire list for 2018, out of a record 2,208 billionaires worldwide. Additionally, there were approximately 145,000 peo…

Kenya’s Most Luxurious House

Kenya Becomes the 5th Richest Country in Africa

Over the past 10 years, Kenya has acquired wealth at a rate of 73% becoming the 4th biggest African country in wealth growth. In 2017 alone, the country grew its wealth at 2%. Kenya now has more than KSh10.4 (104 billion USD) trillion in wealth, a 9.5% increase from the previous year’s tota…

zambs

This is How China Could Be the New IMF

Landlocked Zambia in Africa is facing a debt crisis and it’s a typical story. During years of booming copper prices, the Zambian economy boomed. But when copper prices started falling in 2011, Zambia borrowed to stimulate the economy and maintain growth impulses. Money was spent on vanity project…

lagos

Lagos is the 4th Richest City in Africa

A report was recently prepared by New World Wealth in conjunction with AfrAsia Bank, in which Lagos city took the top position thanks to its big number of High Net Worth Individuals (HNWI). The total wealth held in the Lagos amounts to US$108 billion and major sectors in the city include basic ma…

Lalla Hirayama

Africa Beats to the Rhythm of Polo Luxury

The beat of Africa was in full swing at the Cell C Inanda Africa Cup that took place at the weekend as teams representing Zimbabwe, Pan Africa, Nigeria, Ghana, Zambia and South Africa took part in the annual knockout polo championship. Inanda general manager Paul Oosthuizen said the cup had grown…

shopping-mall-kenya1-870×481

Why Luxury Brands Are Flooding the Kenyan Market

A growth in Kenya’s niche market amid rise in incomes and increasing expat community has lured many global shops in the East African State. While the most conspicuous entrants into the East African nation are supermarkets, top consumer brands in clothes, transport, food, banks and electroni…