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Industry News

08 Mar 2021

Infrastructure investment, the economy, investment returns and Regulation 28

Isaah Mhlanga, Chief Economist at Alexander Forbes, explains that the 2021 Budget Review is positive overall for three reasons:
08 Mar 2021

Understanding group insurance benefits

Have you ever underestimated someone simply because you didn’t really know them? This is also true when it comes to financial benefits, particularly those we access through our employer, like group insurance.
08 Mar 2021

Interest bearing CIS portfolios attract record breaking net inflows in 2020

The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion last year – the highest ever in the industry’s 55 year history.

08 Mar 2021

BUSA pays tribute to Peter Matlare

Business Unity SA has issued the following statement: BUSA, on behalf of its Board, members and staff, is shocked and saddened to learn of the tragic and untimely passing of Peter Matlare! Peter was a distinguished businessperson and business leader. He played senior roles in numerous businesses, including Prime media , Tiger Brands and ABSA...
08 Mar 2021

Life insurers pay more than half a trillion rand to policyholders in 2020

Policyholders and beneficiaries received claims and benefit payments worth R522.7 billion from South African life insurers in 2020.

08 Mar 2021

Local hedge funds industry finding its feet in a regulated environment

The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased by R4.35 billion in 2020 from the R68.92 billion managed by local hedge funds at the end of 2019.
08 Mar 2021

Absa Group announces passing of Peter Matlare

It is with profound sadness that the Absa Group announces the passing of our Executive Director and Deputy Group Chief Executive Peter Matlare on 7 March 2021 due to COVID-19-related complications.
08 Mar 2021

Cultivating inclusion: Growing female talent in the workforce

Today, Monday March 8, marks International Women’s Day. Recognising women for over a century, International Women’s Day is a celebration of progress and a recognition of work that still needs to be done to advance women in business and society.
07 Mar 2021

Peter Matlare dies from Covid-related complications

Sadly, Peter Matlare succumbed to Covid-related complications on Sunday 7 March. His family has released the following statement:
05 Mar 2021

Fairtree Hedge Funds Win at Hedge News Africa Awards

Two Fairtree hedge funds won their respective categories in the annual Hedge News Africa Awards, one for the third consecutive year.

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