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Industry News

02 Aug 2017

Barclays Africa Group to collaborate with nine fintech companies

Barclays Africa Group, one of Africa’s largest financial services group with close to 12 million customers, will collaborate with nine financial technology (fintech) companies to rapidly explore promising new technology-based solutions that could prompt significant improvements for consumers and in bank services.
02 Aug 2017

Transforming stokvels into investment opportunities

Earning a good salary is no longer a sure road to financial freedom. It’s about how much of this salary you can save – and how well you can make it grow for you.
02 Aug 2017

Insurance market favourable for cell captives and UMAs

At the 2017 Insurance Conference (IISA) held at Sun City recently, Peter Jennett, chief executive officer of leading specialist insurer, Centriq Insurance, said the cell captive insurance model is going strong despite tough market conditions and ongoing regulatory challenges.
02 Aug 2017

Hollard Insurance Group appoints Saks Ntombela as CEO

The Hollard Insurance Group, South Africa’s largest independent insurer, has appointed Saks Ntombela as Group Chief Executive Officer. Ntombela will assume the role on 1 October, taking over from current CEO, Nic Kohler, who announced in January that he would step down after 10 years at the helm.
01 Aug 2017

Success in Smart IDs and passports issued through FNB branches

The use of banks as a channel for issuing Smart ID cards and passports is proving to be a success. This is according to FNB, which says approximately 45% of all Smart IDs and passports issued by banks have been issued through its branches.
01 Aug 2017

Teach your child to be financially fit in five easy steps

With South Africa’s economy in its current precarious state, careful money management and next-stage, goals-based financial planning is more important than ever if consumers are to put themselves on the path to financial stability and prosperity. Yet, just looking at our national consumer debt and saving statistics, it’s pretty clear that many SA adults know...
31 Jul 2017

African real estate is creating new ways to attract capital

This year’s Africa Property Investment (API) Summit & Expo, held at the Sandton Convention Centre on 24 and 25 August 2017, will unpack and examine the latest in developments and potential opportunities for the African real estate sector.
31 Jul 2017

Avis partners with Discovery Insure to launch SafeDrive

Available to all Avis Rent a Car customers at 10 locations nationally from 31 July 2017, the Avis SafeDrive app is uniquely integrated with Discovery Insure’s breakthrough telematics technology and its behavioural app-based programme, proven to help make South African roads safer.
31 Jul 2017

Moody's on SA: Rate cut supports near-term growth recovery

On 20 July, the South African Reserve Bank (SARB) lowered its policy rate to 6.75% from 7%.
31 Jul 2017

Liberty launches Agile 2: Guaranteed returns during economic uncertainty

The significant success of Liberty’s Agile retirement solution, combined with the current market uncertainty has spurred the insurer to introduce a new feature to the retirement solution by launching Agile 2. The enhancements now allow investors to realise more aggressive, guaranteed investment returns.

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