Industry News

Altron expands into India with Netstar partnership

Netstar, a subsidiary of JSE-listed Altron, has signed a Joint Venture Deal (JV) with international company C Ahead Technologies to offer insurance and fleet telematics in India.

Five key issues flagged for the MTBPS

This year’s Medium-Term Budget Policy Statement (MTBPS) promises to be one of the more important in South Africa’s recent history, given the faltering economy, strained fiscal status and ongoing concern regarding the risks of further credit rating downgrades and tax hikes.

WIN a copy of 'Everything you need to know about non-life insurance in SA'

What exercise and investments have in common

What do investing and getting ‘beach’ ready have in common? More than you may think! “Dedication, perseverance and discipline are as key to investment success as they are to summer confidence,” says Jac de Wet, National Head of Sales at PSG Wealth. “The most important realisation, however, is that it is a lifestyle decision –...

Investors must consider ESG factors

Responsible investment is an approach to investing that includes environmental, social and governance (ESG) factors into investment strategies. This is done to help better manage risk and generate sustainable, long-term returns.

IAM acquires controlling stake in Richfield Holdings

Marking its first investment in the African education sector, Investec Asset Management, through its African Private Equity capability, has acquired a controlling stake in Richfield Holdings, one of the leading private sector tertiary education providers in South Africa.

VBS curator reduces costs of the Bank

Over the past months, the curator of VBS Mutual Bank, Mr Anoosh Rooplal, has had to reduce all non critical costs in an attempt to align cash inflows with the cash outflows. Cash expenses have been exceeding cash income earned by the mutual bank.

Momentum Myriad fast-tracks success through innovation

As part of the national financial adviser roadshow, Momentum Myriad shares in the exciting journey of ensuring that clients achieve their desired financial goals and aspirations successfully. Since we make it our business to understand clients’ unique needs, we offer them a unique Myriad value proposition which consists of us looking for opportunities in every...

Global Insurers Pulling Out of Coal Mining

  With rising concerns about global warming and a push toward ethical underwriting, mining companies operating in today’s landscape are facing a unique set of insurance challenges.

Maitland acquires Talaria, launches Maitland Family Office

Maitland, the global advisory and administration firm, has announced the formation of Maitland Family Office, a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. The new entity will be one of the largest full-service independent multi-family offices in South Africa.