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Industry News

13 Sep 2018

Knowing a few legal concepts can save you time and money

You are not alone if you’ve found yourself caught dumbfounded in the middle of legal-talk between attorneys, simply nodding your head in agreement, quietly hoping things are going your way. Attorneys (like poets) are notorious for losing clients in jargon, often steering clients into unnecessary legal situations.
13 Sep 2018

3 important investing principles to remember when markets get scary

South African investors are nervous and for good reason. With a sluggish economy and weak Rand, worries over uncertain land expropriation policies and fears that the often market-leading US stocks are set for a correction, many people are wondering if they should sell up or stop investing.
12 Sep 2018

SHA appoints a new executive head to streamline claims business

Stalker Hutchinson Admiral (SHA) Specialist Underwriters in a continued drive to enhance business operations recently appointed Janine Janse van Vuuren as the Executive Head Claims: PI and Liability.
12 Sep 2018

Retail trade sales underwhelm in July

By Jason Muscat, FNB Senior Economic Analyst. July retail trade sales expanded 1.3% y/y, behind our expectations of a print north of 2%. As with the manufacturing data, the retail figures were drawn from a new 2018 sample, and while there were some pretty substantial revisions to the data, the sample is now more reflective...
12 Sep 2018

Black asset managers entrusted with under 10% of the market

Just under 10% of the R5 trillion managed by private sector asset managers is managed by majority black-owned asset managers according to the 10th annual ‘BEE.conomics – Transformation in South Africa Asset Management’ survey published by 27four Investment Managers today.
12 Sep 2018

Putting control back into members' hands

In a first for the medical scheme industry, Fedhealth has announced its 2019 benefit options which features a revolutionary new approach to benefits that gives consumers more flexibility, choice and control.
12 Sep 2018

Glacier’s AI Flexible Fund of Funds – a first of its class in SA

Glacier by Sanlam recently launched its first Artificial Intelligence fund – the Glacier AI Flexible Fund of Funds.  The fund targets CPI plus 5% over rolling three year periods and uses AI to diversify away human manager risk.
12 Sep 2018

South Africans should prioritize drafting their wills

More South Africans should take advantage of the opportunity to have their wills drafted during this year’s Wills Week from 17 to 21 September.
11 Sep 2018

SA banking system: Resilient financials amid a weakening economy drive our stable outlook, says Moody's

Moody’s says in its outlook on the SA banking system issued today: We have changed our outlook for the South African banking system to stable from negative, reflecting our assessment that the banks’ financial metrics and creditworthiness will remain resilient over the next 12 to 18 months, despite weakening operating conditions. Slow economic growth will...
11 Sep 2018

From Venezuela with love: Lessons for SA

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. The reality of South Africa’s economic quagmire has finally sunk in with the announcement that the country had slipped into a technical recession in the second quarter of this year, adding fuel to populist demands for greater political intervention in the economy.

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