According to this year’s report, the “Big 5” of private wealth are South Africa, Egypt, Nigeria, Morroco, and Kenya as they hold over 50% of the continent’s wealth. The total value of private wealth held in Africa is US$2.1 trillion and is expected to rise by 38% over the next 10 years.

Andrew Amoils, Head of Research at New World Wealth, explains that private wealth refers to all an individual’s net assets (property, cash, equities, and business interests) less any liabilities. He says;

“Africa is home to some of the world’s fastest-growing markets, including Rwanda, Uganda, and Mauritius. We forecast private wealth growth of over 60% in all three countries in the next decade, driven by especially strong performance in the technology and professional services sectors.”

There are currently 136,000 high-net-worth individuals (HNWIs) with a private wealth of US$1 million or more living in Africa, along with 305 centi-millionaires worth US$100 million or more, and 21 US dollar billionaires.

Despite a tough past decade, South Africa is still home to over twice as many HNWIs as any other African country, while Egypt now has the most billionaires. Mauritius has the highest wealth per capita (average wealth per person) in Africa, at USD 34,500, followed by South Africa at USD 10,970 and Namibia at USD 9,320.

The report has shown Mauritius to be the fastest-growing wealth market in Africa, with projected growth of 80% over the next decade. This will also make it one of the fastest-growing high-income markets in the world over this period (in percentage growth terms), together with Australia, Malta, New Zealand, and Switzerland. By 2031, HNWI numbers in Mauritius are expected to reach over 8,000.

Zimbabwe is not mentioned anywhere in the report and it is understandable as the economy is currently very unstable and the majority of Zimbabweans live in poverty.

The post Africa Wealth Report 2022: South Africa, Egypt, Nigeria, Morocco, and Kenya Account For More Than 50% Of Africa’s Total Wealth appeared first on Provoker Magazine.

Many people in Zimbabwe rely on Open View decoders for good content. They buy it once and they do not pay any subscription to keep it connected. This contravenes customs, trademark and copyright laws.

Raids and seizures are set to continue across the SADC region as they clamp down on content piracy. The Open View decoders air shows made by the SABC and eMedia in South Africa. The content made on the shows is intended for South African viewers and anyone else from outside South Africa that uses them is committing a crime.

The COO of Openview parent company eMedia Antonio Lee has applauded the ZRP saying that Zimbabweans should support local content and stop buying South African decoders. He said that anyone that purchases the Open View decoder in Zimbabwe is robbing the country of customs duty.

Further raids and investigations can be expected as 1094 records of Open View serial numbers were also confiscated during the raids. Lee also said that having the decoder in your home means you can also be arrested at any time as it is considered a serious offence.

Lee also said smuggled decoders will be disconnected from now on and people stand to run a loss if they buy illegal decoders and they are disconnected because of the criminal act.

The post ZRP Blitz Targets People With Open View (OVHD) Decoders appeared first on Provoker Magazine.

On the first of June 2017, the National Student Financial Aid Scheme (NSFAS) sent Sibongile Mani R14 million by mistake instead of the R1 400 she was entitled to for food allowance. Sibongile was a student at the Walter Sisulu University (WSU)

Instead of reporting the error, Sibongile decided to spend as much as she could. And she managed to spend R810 000 of the funds in 73 days. The court charged her with theft and sentenced her to five years in prison.

Sibongile used the money at 43 merchants in the Eastern Cape, Western Cape and Gauteng. What did she blow it on you may ask. Based on the places she shopped, the bulk of it was food!

• R178 923 at Discount Supermarket in Fleet Street, East London;
• R174 631 at Checkers Hyper supermarket in Centurion;
• R107 255 at Checkers Nonesi Mall in Komani;
• R68 116 at Shoprite on Caxton Street in East London;
• R17 006 at Shoprite in George.

The items she bought included alcohol, cigarettes, airtime, blankets, cookware, cutlery, 13 extension cords, five hairdryers, 24 jackets, 12 cordless kettles, handbags, iTunes gift cards, 11 microwaves, 10 sleepwear items, underwear for men and women and an iPhone.

Now, it’s either the woman is a genius and she knew she was going to get caught or she just really loves food…or she spent it with her university friends because who buys 11 microwaves and 13 extension cords?

If she had bought a car or some big asset it was going to be seized anyway. There is no way the NSFAS can recover food that has already been eaten. She (and her friends) enjoyed themselves in the moment and the court noted that she spent on average R11 000 per day.

What would you have done if the money landed in your account? Would you have gone to jail alone if you spent it with your friends?

The post SA Student Sent To Jail For Spending Miracle Money: She Bought 11 Microwaves! appeared first on Provoker Magazine.

Greyhound had discontinued their services last year in February because of Covid 19 restriction and the limited movement it caused.

The bus company posted a picture with the words “WE’RE BACK!” on their Facebook page with the caption:

“We’re back! ​

South Africa’s luxury coach solutions will be open for business soon. We are so proud and excited to be back on the road!​

Watch this space! ​

#Greyhound #luxurytravels #travel”

Greyhounds services include:

Scheduled luxury intercity coach travel

• Luxury Cross Border passenger transport to Zimbabwe & Mozambique
• National network covering all major cities in South Africa
• A vast range of discounts from students to pensioners
• Frequent Travellers programme
• Online & Mobile bookings

On-Board Amenities include:

• DVD viewing
• Reclining seats
• Hostess on selected services
• Free onboard coffee & tea serving on selected services
• Toilets
• Refreshments may be purchased from the hostess on selected services.
• Specific Set Bookings i.e. Isle or Window
• Earphones on selected routes

Greyhound is a popular mode of transport amongst people who travel to South Africa by road from Zimbabwe because of their luxury service and comfortable seats. They also travel at safe speeds and people generally trust them better than other bus operators.

The post Good News For Zimbabwean Travelers As Greyhound Will Soon Be Back On The Road appeared first on Provoker Magazine.

Olinda Chapel-Nkomo shared a picture of a Covid positive test a few days ago on her Facebook page with the caption “Ma one”.

Today on Facebook, Olinda posted of Facebook;

“Amana covid ma one. Ndaizviita ndururani the last 3 years ndichiti ndiri strong. Chinhu chino chino rwadza. Plus kuita kunge wakutopenga. Apo I have 3 vaccines. Haaaaaa ndabhooo. I want to go back to work”

Olinda talks about how the illness is causing her pain and making her feel like she is hallucinating or going mad. And all this despite getting three shots of the Covid 19 vaccine.

Recently many countries like South Africa, Kenya, Denmark and many others have announced that they have removed most (if not all) Covid restrictions as they feel that people are coping well due to good vaccine uptake. With a few people like Olinda Chapel-Nkomo getting ill, could removing measures spark another wave?

The post Olinda Chapel Battling Covid Despite Getting Three Vaccinations appeared first on Provoker Magazine.

The dapivirine ring is an intravaginal silicone ring, developed by the International Partnership for Microbicides (IPM) for HIV prevention

The ring releases the antiretroviral drug dapivirine for a month and reduces HIV infection by 35%. %. Its safety has been impressive in all clinical trials to date. It received approval from the European Medicines Agency and the World Health Organisation (WHO) also added it to its list of prequalified medicines.

South Africa is the first country to approve the ring as it was successfully tested in six African countries (South Africa, Kenya, Malawi, Tanzania, Uganda and Zimbabwe) as pre-exposure prophylaxis (PrEP)

Dr Zeda Rosenberg, IPM’s founder and CEO, said:

“This approval is a positive step towards offering women more prevention options they can use to control their health on their own terms.

We look forward to collaborating with the South African government and partners to incorporate the monthly ring into the health system, and into women’s lives in South Africa.”

HIV experts argue that expanding women’s HIV prevention choices is critical to controlling the epidemic and ensuring their sexual and reproductive health and rights. Women are currently most affected by the HIV virus with nearly two-thirds of new adult infections in South Africa and across the continent occurring among women.

This is yet another huge stride in the continuous fight against HIV. Recently researchers successfully cured an HIV patient with stem cell therapy. Although stem cell therapy is not accessible to most people, this ring will be accessible to all women and they can insert it themselves.

With the legalization of sex work in many countries as a recognized profession, we are also bound to see women in these lines of work operating more confidently. One has to wonder if the fear of contracting HIV has been contributing to the rate at which the virus has been spreading. Will the spread of HIV be curbed if people start being more sexually active on the assumption that the ring will protect them? The ring is after all 35% effective.

The post New HIV Prevention Ring For Women Approved In South Africa appeared first on Provoker Magazine.

There is no longer a ban on large indoor gatherings such as religious services or a requirement to present a negative COVID-19 test for arriving air passengers.

Although restrictions have been lifted, Kenyans have been encouraged to adhere to Covid 19 safety measures like sanitizing and social distancing.

Face masks are no longer mandatory in public and all quarantine measures for confirmed COVID-19 cases have been halted with immediate effect. For the past month, the East African country’s COVID-19 test positivity rate has remained below 1%.

Nearly 29% of Kenyan adults are fully vaccinated, more than most countries in sub-Saharan Africa and this could have been a key motivator to removing the restrictions.

With a population of 54 million, Kenya recorded less than 35 daily COVID infections over the past week, according to government statistics. About 323,000 infections, and 5,600 deaths, have been recorded throughout the pandemic since 2020.

Kenya joins other countries like South Africa, Namibia, Sweden, Denmark, Ireland, the United Kingdom, Norway, Israel and El Salvador. South Africa led the pack earlier this year being the first South African country to remove their Covid 19 restrictions.

Zimbabwe is currently under a level two lockdown and has been so for months now since the Omicron variant entered the country. There has been a recent spike of new infections ranging from 200 to 700 since children returned to school. However, there haven’t been many deaths. The ministry of health claims that a total of 4 401 450 people have been vaccinated against COVID-19 to date.

So why is Zimbabwe still under lockdown given the numbers? Although there is a lockdown, people pretty much do whatever they want whenever they want. There is no social distancing in public places especially in queues and in public transport.

The post Why Is Zimbabwe Still Under Lockdown? appeared first on Provoker Magazine.

The explicit scene comes a few days after viewers took to social media to complain about the show calling it boring. Well, the producers of the show responded with what people probably love the most based on the views….s_ex.

There isn’t much to say about the scene beside the fact that is the most explicit scene so far in South African television. Some people are wondering how The Wife managed to get itself ranked next to Fifty Shades of Grey?

The Wife is an adaptation of the book Hlomu The Wife by Dudu Busani-Dube. Although the original story is a romance story, the focus is more about crime, culture and wealth. It follows the love story of Hlomu a journalist and Mqhele a taxi (commuter omnibus) owner who also commits crimes in a bit to protect himself and his brothers.

When it was announced that The Wife would be playing on Showmax, many people (including myself) anticipated the book coming to life on their screens. Sure one expects a few changes when it comes to movies/series versus the book. Some details are different like we saw in movies like Harry Potter. Some viewers were however disappointed when they discovered that the storyline is very different compared to the book.

Some people are calling Khanyi and Mondli the best actors in Mzansi. This is weird given that a few days ago they were calling the show boring. Are they the best because they simply are or because of the explicit scene? Another issue of note is how the shower hour on Big Brother Mzansi rakes in more views than any other hour of the day. People are generally more interested in the content with more explicit scenes.

Some people argue that if the scene was in an American movie people wouldn’t have reacted like they are. They would have considered it normal. Because of our culture, people expect different standards from local African content compared to international content.

There are comments that the scene would not have been aired on SABC and they are probably true because of the BCCSA restrictions. But Showmax is a streaming platform that is accessible internationaly. It competes with other streaming platforms like Netflix and Amazon Prime. When you put The Wife next to other international shows like Fifty Shades of Grey, you realize that there isn’t much of a difference. It’s shocking to some because we are in Africa.

Working Wives was the first Zimbabwean show to make it on Showmax in 2021. As our entertainment industry grows we are bound to see more and more shows like itself making it on international streaming platforms. Will they also have to tweak their content to satisfy the viewers? Will we also be watching a steamy scene in shock one day? That would be interesting because Zimbabwean film is yet to reach a point where couples can be shown on the screen with no clothes on like Khanyi and Mondli did.

The post Why Are We Making A Big Deal Of Khanyi Mbau and Mondli Makhoba’s Scene On The Wife? appeared first on Provoker Magazine.

OGatsheni Architectural and Engineering has made owning property a little easier for South Africans with their Property Lifestyle Stokvel. Stokvel is a South African word that refers to a savings or investment society to which members regularly contribute an agreed amount and from which they receive a lump sum payment.

The stokvel concept is quite popular amongst women in Zimbabwe and it’s also known as “club” or “round”. Most of these “clubs” or “rounds” are used to acquire anything from groceries in bulk to cars and household furniture. Some women also use such funds to start businesses.

The oGatsheni Property Lifestyle Stokvel functions much like the classic “club” or “round”. Members are bundled in to clusters of 8 according to the premium payment chosen. Premiums range from 3 500 Rand per month to 15 000 Rand per month. These premiums are paid over 8 years and a member gets a house at the end of each year.

The houses are allocated on a “first registered first served” basis. However, they do not officially get to claim their houses until the 8 years are over and everyone has paid their full share of premiums. OGatsheni Architectural and Engineering facilitates and helps members acquire, design and build their properties.

This marketing strategy uses a common relatable concept to encourage people to view property ownership in a way they probably wouldn’t have under normal circumstances. Acquiring property is a concept that may seem far for many. People often wait for a time when they feel they can afford to make such decisions. They wait until they get better jobs or make enough income to save their money.

The oGatsheni Property Lifestyle Stokvel also has the advantage of no debt. Unlike mortgages or other house loans that have people paying premiums over long periods of time at high interest rates, this concept is just as good as saving money in a piggy bank. Being part of a group also makes one accountable and the chances of misusing the saved funds are lessened.

In a country like Zimbabwe property stokvels would be a great way for people to be home and commercial property owners. Yet the state of the economy makes this idea difficult to implement for the majority of people. The rate of unemployment is high meaning much of the population does not have a stable income. People resort to saving up to buy land then proceed to build their houses in phases and over prolonged periods of time.

The premiums charged would have to be very high as land in Zimbabwe is overpriced. A stand (piece of land) in the high density suburbs can cost between 8 000USD to 15 000 USD or more. A stand in the low density suburbs can cost anything between 100 000USD and 1 000 000 USD depending on size and location. This is before designing and building the house. OGatshenis’s property stokvel premiums start from as low as 3 500 Rand. Meaning after 8 years of premiums one gets a fully built house for 336 000 Rand (22 400 USD). Much of these premiums in Zimbabwe would be taken up by acquiring the land and this would limit the types of houses members would be at liberty to build.

Seeing such ideas implemented across the boarder shows just how bad the state of our economy is. The options when it comes to building a home are very limited. Loans and mortgages are not an option for many due to the rate of unemployment. Most incomes are not stable enough to sustain the stokvel concept as most people resort to hustling as a means of earning a living. Yet home ownership is a need for a majority of Zimbabweans.

The post SA Construction Firms Selling Houses Using “maRounds”. Zimbabwe Must Definitely Copy This. appeared first on Provoker Magazine.

A school called Hoerskool Witterburg has a non-backpack day in which students are allowed to use anything other than a school backpack. It’s fascinating what some of the students chose as their “bags” for the day.

People in the education system can learn a lot form this simple activity/exercise. Such activities help students think out of the box. Sometimes it’s not so much about what you teach but how you teach it. There are many ways to convey information and the limitations are determined by our mindsets. This shows that school can also be a fun and exciting place.

In Zimbabwe, many parents prefer to take their children to private colleges and mission schools. Government schools are often associated with teacher’s strikes, low pass rates, and less resources. Activities like these that challenge students to think differently can make school an exciting place to be at little to no cost.

The post SA School Bans Backpacks, Student Brings Wheelbarrow lol appeared first on Provoker Magazine.