According to the annual AfriAsia Bank wealth survey for 2018, Africa is now home to 155 000 dollar millionaires and 24 dollar billionaires. These affluent Africans were collectively responsible for more than R84 billion ($6 billion) in revenue from the sale of luxury cars, top-end watches, privat…
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China’s Thirst for Wine Is Outpacing the Rest of the World
With China set to out-drink the majority of the world by 2020 and online shopping habits becoming an increasingly important factor for businesses to consider, one could justifiably wonder whether the future of wine is coded within an Eastern IP address. According to private bank Julius Baer’s Wea…