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Industry News

15 Jan 2018

AI: Top Trends To Look Out For in 2018

In his 2017 forecast, Scott Zoldi, analyst for big data analytics, artificial intelligence(AI) and cyber security company, FICO (Fair Isaac Corporation), suggested that we were “just at the beginning of the golden age of analytics, in which the value and contributions of AI, machine learning (ML) and deep learning will only grow as we accept...
12 Jan 2018

How to kick bad spending habits in 2018

With the current economic conditions, it is essential that South Africans become more realistic about their finances and effectively manage their debts. This is according to John Manyike, Head of Financial Education at Old Mutual.
11 Jan 2018

Bidvest Financial Services acquires Citadel’s stake in Cannon Asset Managers

Cannon Asset Managers was established in 1998 by Dr Adrian Saville and in January 2015, Citadel Investment Services (Pty) Ltd acquired a controlling stake in the business. The Citadel Group has benefitted greatly from Cannon’s insights and experience. However, both entities agree that the time has come for each of them to concentrate more effectively...
11 Jan 2018

Expropriation without compensation: not just about land

The Institute of Race Relations (IRR) has taken note of the widespread confusion around the proposal adopted by the African National Congress at its recent elective conference pledging expropriation without compensation to drive land reform.
11 Jan 2018

Sygnia launches the Stabilised Growth Fund

The Sygnia Stabilised Growth Fund, a brand new concept in managing retirement fund savings, has been launched.
11 Jan 2018

Deputy President Ramaphosa to lead South African delegation to Davos

Deputy President Cyril Ramaphosa will lead the South African delegation to the 48th World Economic Forum annual meeting that will take place on 23-26 January in Davos-Klosters, Switzerland, the Presidency said in statement.
10 Jan 2018

State capture inquiry is late but welcome: OUTA

  OUTA says it welcomes the decision by the President to establish the Commission of Inquiry into state capture and is especially heartened by the appointment of Deputy Chief Justice Raymond Zondo to head this inquiry.
10 Jan 2018

CEE economies close to their economic performance peak

By Coface, the international trade credit insurance company Recently released data confirms a solid pace of economic activity in the Central and Eastern European (CEE) region* with the average GDP growth in the third quarter of 2017 exceeding 5% year on year, nearly doubled the level of the Eurozone’s growth.
10 Jan 2018

SACCI welcomes commission of enquiry into state capture

The South African Chamber of Commerce and Industry (SACCI) has welcomed the appointment of the commission of enquiry into state capture as announced by President Jacob Zuma last night, on the eve of Cyril Ramaphosa’s first NEC sitting as ANC president.
09 Jan 2018

Old Mutual receives SA Competition Commission recommendation

Old Mutual Emerging Markets welcomes the constructive and supportive engagements with the Minister for Economic Development, his Department and the South African Competition Commission on the proposed corporate restructure taking place as part of Old Mutual plc’s managed separation strategy.

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