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Industry News

05 Mar 2020

Standard Bank releases Thermal Coal Mining Policy

Standard Bank, Africa’s largest bank by assets, today released its Thermal Coal Mining Policy. Standard Bank is the first South African bank to publicly release a policy on lending to coal mining projects. The move follows a landmark shareholder vote in favour of a climate risk-related shareholder resolution which was tabled at the bank’s May...
05 Mar 2020

Hollard launches tailor-made cover for travellers facing uncertainty of coronavirus

Travelling when the coronavirus Covid-19 is spreading across the world is nerve-racking, so Hollard Travel Insurance launched a new product on 4 March 2020 that will help travellers deal with the virus’s impact.
05 Mar 2020

Five questions your fund fact sheet should answer

Reading a Unit Trust fund fact sheet can feel overwhelming, some may even consider it an extreme sport – what with all the financial terms, acronyms, and percentages. In reality, the fund fact sheet isn’t nearly as confusing as it first seems.

05 Mar 2020

February market review: Fears about the coronavirus

February kicked off with ill-boding, as international investors erased $393 billion from China's benchmark stock index and dumped commodities on fears about the coronavirus and its economic impact.
05 Mar 2020

Standards, values and ethics at the Masters’ offices

By: Alex Simeonides, CEO, Capital Legacy The recent directive sent out by the Department of Justice for the investigations by the Special Investigations Unit (SIU) into the offices of the Masters of the High Court has most, within the industry, in uproar. The motivation for this investigation – someone with authority indulged themselves leaving the...
04 Mar 2020

Agriculture: National state of disaster declared

Agri SA acknowledges the announcement by the Minister of Cooperative Governance and Traditional Affairs, Dr. Nkosazana Dlamini Zuma to declare a national state of disaster in South Africa.
04 Mar 2020

Understanding the rules of engagement for investing in Africa

Investors must understand the African environment or use advisers who are familiar with it
04 Mar 2020

Fedgroup Impact Farming transforms investment landscape

Impact investing is a global trend that is challenging traditional approaches to wealth creation. Modern investors want to know that their funds are not merely generating a profit, but that they are also making a sustainable environmental and social impact.
04 Mar 2020

Trends that will shape the insurance sector in the next decade

When it comes to the impact of technology, there is no industry riper for disruption than the financial services sector, including insurance, which for the longest time remained trapped in outdated product development and delivery models.
04 Mar 2020

King Price acquisition of Stangen gets the go-ahead

Short-term insurer King Price has confirmed its entry into the South African life insurance market after regulators this week gave the green light for its acquisition of life insurer Stangen from JSE-listed African Phoenix Investments, for R140 million.

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