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Industry News

26 Nov 2015

SA as nation set to be poorer next year

The good news about the GDP 3Q2015 figures is that, by coming in at 0.7%, after negative growth of -1.3% in 2Q2015, SA has narrowly avoided a ‘technical recession’, defined as two consecutive quarters of negative growth.
25 Nov 2015

Absa Life recognized for innovative insurance technology and customer focus

Absa Life was a winner at the 13th Annual National Business Awards (NBA), walking away with the Innovation through Technology award at the ceremony held at Emperors Palace in Johannesburg recently.
25 Nov 2015

Small caps an exciting hunting ground: Sanlam Investments

Even though the small cap sector forms the bulk of the JSE in terms of number of shares, it comprises only 3.5% of our stock exchange’s market capitalization, says Vanessa van Vuuren, portfolio manager at Sanlam Investments.
25 Nov 2015

Noticeable decline in take-home pay

October 2015 saw a decline of 2.1% after inflation in the BankservAfrica Disposable Salary Index (BDSI).
24 Nov 2015

Sanlam, Santam in major transaction to expand footprint in Africa

In one of the Sanlam Group’s biggest transactions yet, Sanlam and Santam are set to enter new markets having reached agreement to acquire a 30% stake in Morocco-based Saham Finances which operates in a total of 26 countries predominantly across Africa and with a presence in the Middle East.
23 Nov 2015

Global markets in 2016

The coming year will be marked by accelerating divergence between financial markets around the world, according to NN Investment Partners’ (NN IP) outlook views for 2016.
20 Nov 2015

Be ‘Fed-ready’ ahead of December announcement

South African fund managers should warm up for a very likely U.S. Federal Reserve interest rate hike in December and make the most of the opportunities it brings for their clients and investors. This is the advice of Nigel Green, CEO and founder of deVere Group.
19 Nov 2015

Rising interest rate cycle 'will cost the economy'

Commenting on the decision by the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) to raise interest rates by 25 basis points, Professor Raymond Parsons of the North-West University Potchefstroom Business School says:
19 Nov 2015

SARB hikes repo rate

The Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) has hiked the repo rate by 25 basis points.
19 Nov 2015

Vive la France

Like most decent people, I was both shocked and saddened by the loss of life in Paris on Friday, the 13th of November 2015. Like many who watch and analyse the news, I had predicted that such an incident would occur in Europe.  As the weekend moved on, I began to wonder what effect the...

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