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Industry News

18 May 2016

April 2016 CPI Eases To 6.2%

  Headline CPI decelerated further in April to 6.2% y/y from 6.3% in March, but was up 0.8% on a month-on-month basis.   Jason Muscat, FNB Senior Industry Analyst explains.
17 May 2016

SARB will maintain hawkish stance – even if they pause

There is little consensus in the market on whether SARB Governor Lesetja Kganyago will hike rates on Thursday. Malcolm Charles and Nazmeera Moola from Investec Asset Management’s fixed income team look ahead to the next MPC meeting.
16 May 2016

Who had the last word at WEF Africa 2016?

Paul Clark, Portfolio Manager and Africa Specialist at Ashburton Investments tells us who had the last word at the WEF Africa 2016.
16 May 2016

Lion of Africa Life comments on social grant deductions & Minister’s statement

Lion of Africa Life Assurance has commented on both social grant deductions and the Minister of Social Development’s recent statement as follows:
13 May 2016

What is different at the WEF for Africa 2016?

Paul Clark, Portfolio Manager and Africa specialist at Ashburton Investments tell us what is different at the WEF for Africa this year.
13 May 2016

Weak rand poses real threat for the insurance industry

The South African insurance industry needs innovative solutions to counteract the negative impact of the dramatic depreciation in the value of the rand since December 2015.  This is according to Anees Vazeer, Chief Financial Officer, Lion of Africa Insurance.
12 May 2016

April was the month of commodity price recovery - Market Snapshot

Carl Roothman, chief executive of retail business at Sanlam Investments says April was the month of commodity price recovery.
12 May 2016

Insurers critical in reviving SA economy

Insurance companies operating in South Africa have a critical role to play in protecting the current and future public-private projects aimed at reviving the South African economy. This is according to Allianz Global Corporate & Specialty (AGCS) Africa CEO and President of the Insurance Institute of South Africa (IISA) Delphine Maïdou.
11 May 2016

The case for SA VAT hike economically solid

While concerns around global growth and pressure on the SA economy have eased recently, the local economy is still fragile.  Moody’s decision not to downgrade SA’s sovereign rating at this stage was a welcome surprise, but the risk of a downgrade to junk status by any, or both, of the other two major ratings agencies...
11 May 2016

Time to review your financial resolutions

According to a recent article in the Sunday Times, South Africans are being forced to eat cheaper food. The Pietermaritzburg Agency for Community Social Action (Pacsa) was quoted as saying that in January a food basket of starchy foods, sugar, beans, oil, milk, meat, fish and vegetables cost R1797. In March, according to Pacsa, it...

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