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Industry News

18 May 2021

Insurance Ombud's offices continue their work despite pandemic

While the COVID-19 pandemic caused disruption in the handling of insurance complaints, the offices of the Short-term and Long-term Insurance Ombudsman managed to perform in accordance with their mandates. According to the 2020 Annual Report covering both offices, almost R300 million was placed back in the pockets of aggrieved consumers of short-term and long-term insurance products.
18 May 2021

Digital solution for SA livestock buyer and auction market launched

New technology and the use of data are impacting every industry, and agriculture is no exception. Consumers are continuously discovering more productive and cost-effective methods to perform the same task, and they now no longer expect only the experience they were offered before, but also developed much higher expectations.
18 May 2021

How ESG is transforming investment outcomes

The global pandemic served, amongst other things, to accelerate some trends and put others to rest. One of the bright lights was the positive momentum built around acknowledging the risks of climate change and the need to move to sustainable investing.There is now a renewed urgency for the world to work together to reverse climate change damage and move to a net-zero economy (keeping the average global temperature increase below 2ºC).
17 May 2021

BlackRock's Weekly Market Commentary: Don’t be surprised by surprising data

Hotter inflation has materialized and market volatility is rising as the economic restart gathers pace. This is playing out in line with our view that the economy is in a “restart” – not a traditional recovery. We prefer to look through any volatility and see a later “lift-off” from zero rates than markets expect.

17 May 2021

Report: Localisation - what is realistic?

Business Unity South Africa (BUSA) in conjunction with Business Leadership South Africa (BLSA) has launched an important research report into localisation policy. This timely report was compiled by local consulting firm Intellidex and aims to contribute to policy on promoting local manufacturing in South Africa.
17 May 2021

It’s time to rethink fixed income with ETFs

The role of fixed income in multi-asset portfolios is evolving with the unprecedented levels of market volatility we have seen this year, and it is hard to think of a better time to rethink fixed income. In today’s fixed income markets, investors face increasing pressure to deliver returns, generate yield and maintain diversification.

17 May 2021

Reaching the underinsured & uninsured using digital technolgy

There can be no doubt that South Africa is massively underinsured. That’s true of healthcare, where around 80% of the population has no form of private health insurance. It’s also true of life and disability insurance, The Association for Savings and Investment South Africa (ASISA)’s most recent Life and Disability Insurance Gap Study showed that earners younger than 39 years face an average insurance shortfall of R1.4 million for life cover and R1.5 million for disability.

17 May 2021

Climate change sectors heat up

Sustainable investing has seen considerable growth over the last five years and shows no sign of slowing down, as awareness around crucial sustainability topics continues to grow. We have seen a steady pace in sustainable investment asset growth in Europe, North America, and Australia.

17 May 2021

Discovery CEO outlines vaccine rollout programme

I am reaching out to update you on the Mass COVID-19 Vaccination Campaign that starts on Monday 17 May. I know there has been considerable anxiety given the delays in commencing the mass campaign. The process has been complex, with many moving parts, particularly the difficulty of procuring the required volume of doses for the entire country;

17 May 2021

Multi Managers and ESG investing

The investment industry has been shifting towards responsible investing since its inception in 2006 and over the past decade, sustainable strategies have shown both strong assets under management (AUM) growth and positive asset flows.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za