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14 Feb 2020

SARB looks to exit African Bank as its major shareholder

African Bank has been informed by the South African Reserve Bank (SARB) that it has issued a request for proposal (RFP) to appoint a transaction advisor to assist the central bank with the future sale of its shareholding in African Bank Holdings Limited (ABHL).
14 Feb 2020

SONA recognises grave socio-economic challenges

The positive impact of the policy framework outlined in the SONA will depend on successful implementation and close collaboration with the private sector. The wide-ranging SONA delivered by President Cyril Ramaphosa to Parliament last night recognized the grave socio-economic challenges currently faced by SA, especially its low growth and high unemployment., says Professor Raymond Parsons,...
13 Feb 2020

MeTTa Capital’s 12J offering available via Standard Bank Wealth & Investments

MeTTa Capital is proud to announce that its February 2020 portfolio of Section 12J offer, is now accessible to Standard Bank’s Wealth and Investment clients.
13 Feb 2020

Ombudsman orders refund of premiums

The Ombudsman for Long-term Insurance Judge Ron McLaren recently applied equity/fairness when he ordered an insurer to refund a portion of premiums paid for full cover when in fact accidental cover was provided.

13 Feb 2020

US equities: we are still neutral

By BlackRock Investment Institute. Market performance since early December has been a story of two phases: Emerging market (EM) equities had rallied and U.S. equities moved in line with global equities until the coronavirus outbreak in late January, reinforcing views in our 2020 Global Outlook.

13 Feb 2020

The long and the short of it: Short-term insurance essentials for life

Life happens. Some things we can predict, plan or hope for, while others aren’t always as easy to foresee. Fortunately, short-term insurance can play a consistent role in keeping your longer-term dreams, and assets safe.

13 Feb 2020

Why golf courses come with unique risks

Business interruption insurance is also vital cover for golf clubs
13 Feb 2020

The decade that was – where to now?

By: Alwyn van der Merwe, Director of Investments at Sanlam Private Wealth The third decade of the third millennium has not started quietly. We’re just six weeks in, and we’re already on the edge of our seats with a global health emergency resulting from the Wuhan coronavirus outbreak, Brexit Day finally arriving and US president...
13 Feb 2020

Netstar appoints new GM for insurance markets

South African tracking and stolen vehicle recovery company Netstar has appointed Belinda Felix as its new General Manager for Insurance Markets. Felix replaces insurance industry stalwart Justus van Pletzen, who is pursuing business ventures outside of telematics and insurance.
13 Feb 2020

Flawed financial thinking revealed by Just retirement tracking study

Over 80% of a sample of South African pre-retirees and retirees are confident in their financial planning ability, as revealed in an independent tracking study commissioned by retirement income specialist Just.

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