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Industry News

04 May 2016

Women urged to seize control of their financial future this Mother’s Day

Very few mothers consider that they need to ensure their own financial wellbeing first if they want to be in a position to help their loved ones through tough times. Professor Roseanne Murphy da Silva, President of the Actuarial Society of South Africa, therefore calls on all mothers to celebrate this Mother’s Day by taking...
04 May 2016

Using rolling returns over a three- to five-year cycle

With the myriad of data available to investors when selecting which fund best suits their investment profile, it is difficult to know which data point to use. Rolling returns, however, give a clearer track record of how a fund has performed and potentially how it will perform in the future.
03 May 2016

Ins and outs of Islamic Banking

It’s been over a decade since some of South Africa’s leading commercial banks introduced Islamic Banking services but despite the progress, there are still numerous misconceptions about this alternate form of banking. CEO of FNB Islamic Banking, Amman Muhammad says South Africa is one of many African countries that enable citizens to benefit from the...
03 May 2016

The 6 Ps of a successful retirement plan

Your retirement years are something to look forward to, says Carl Roothman, chief executive of retail business at Sanlam Investments. “This is the time to spend with your grandchildren, pursue your hobbies full-time, or pursue whatever you find most fun and meaningful – at your own pace. But if you did not build up sufficient...
03 May 2016

IMF calls for Sub-Saharan Africa policy reset

After an extended period of strong economic growth, sub-Saharan Africa is set to experience a second difficult year as the region is hit by multiple shocks, the International Monetary Fund (IMF) said today. According to its April 2016 Regional Economic Outlook for Sub-Saharan Africa, Time for a Policy Reset, growth in the region as a...
26 Apr 2016

One-in-five Brits expect to retire after their 70th birthday

Most South Africans haven’t saved enough for their retirement years – but neither have many in other countries.  A new study by Willis Towers Watson in the UK highlights how worried British workers are about financial security in old age.
26 Apr 2016

Why taking a long-term view is key to successful investing

Investors may have had sleepless nights over the past year about the ability of so-called growth investments to ever show positive returns again, says Anet Ahern, CEO, PSG Asset Management.
26 Apr 2016

Construction starts on Abuja’s Novare Gateway Mall

Novare Real Estate Africa has announced that construction has started on its fourth commercial development in Nigeria, the multi-billion naira Novare Gateway mall in the capital city of Abuja.
26 Apr 2016

MUA honours top brokers

  MUA Insurance Acceptances celebrated its top intermediaries during April with three prestigious broker award evenings held in Johannesburg, Durban and Cape Town.
26 Apr 2016

Atlas Mara holds talks with consortium exploring acquisition of Barclays Africa

In response to recent press reports regarding interest in purchasing Barclays Plc’s 62.3% stake in Barclays Africa Group, Atlas Mara acknowledges that it has had discussions with a consortium of investors that is exploring an acquisition of Barclays’ stake in Barclays Africa and a potential combination of Atlas Mara with Barclays Africa. 

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