What are the top luxury brands favoured by African millionaires? 800 High Net Worth Individuals are interviewed each year by New World Wealth, a research company that studies high growth markets in the global wealth sector. Here are the results.…
NAIROBI LUXURY HOME PRICES SECOND FASTEST GROWING IN AFRICA
IN SUMMARY Kenyans working abroad have also been identified as key players in the country’s real estate sector. Those in the diaspora send over Sh10 billion back into the country each month, some of it for investment. Kenya is also…
DE BEERS SIGNS ‘LONGEST EVER’ ROUGH DIAMOND AGREEMENT WITH NAMIBIA
Anglo American’s subsidiary The De Beers Group of Companies and the government of Namibia have announced the signing of a new 10-year sales agreement, the longest ever between the two, for the sorting, valuing and sales of Namdeb Holdings diamonds. Namibia…
AFRICA TODAY IS LIKE CHINA IN THE 1980s
In the 1980s, China was far from the economic heavyweight it is today, but it was already in the midst of the economic reforms that would help make it the world’s largest economy by some measures. Today, plenty of retailers, especially…
KIGALI SPARKLES ON THE HILLS
Rwanda’s moniker, “land of a thousand hills,” not only attests to the country’s unique geography but also suggests the trajectory of Kigali through its many crises to become a model sustainable city. Kigali is one of Africa’s rising cities: it…
KENYA TOPS EAST AFRICA’S MILLIONAIRES CHART
Kenya is now among the top five countries in Sub-Saharan Africa with a high number of dollar millionaires, says a new report. According to the report by New World Wealth, a South African market research firm, Kenya now has 8,500…
Mauritius the top hot spot for African millionaires
Mauritius has emerged as an attractive luxury hot spot for millionaires in Africa in the past decade, with Kenya at fifth position, the Africa 2016 Wealth Report has revealed. The report, which reviewed the fastest growing African countries for millionaires…
THE BUGATTI CHIRON IS HERE!
The ultimate of Supercars was finally revealed on March 1st, 2016 Geneva International Motor Show Bugatti. The beast of a car was named Chiron. The Chiron is the latest generation of the ultimate super sports car and is an entirely…
TOP 3 PLACES TO SURF IN AFRICA
America and Australasia are great examples of continents with excellent accessibility for surfing. However, Africa is making its way on that list and should not be written off so quickly! The continent has great and hidden gems that are yet…
SOTHEBY’S JEWELLERY AUCTION MAGNIFICENT JEWELS & JADEITE: HONG KONG APRIL 2016
Sotheby’s is an innovative global art business serving the most discerning clients. The company has been operating since 1744 and offers clients a range of extraordinary opportunity. The company provides clients with a transacting to private gallery sales, local wines,…