A game changing intervention could be the consideration of separate, limited and much more simple legislation for small businesses so that they are not held to the same commitments as large corporates.
Liberty shareholders have approved the proposal by the Standard Bank Group (SBG) to buy out its minority shareholders and to integrate Liberty fully into the greater group. The approval was secured at a general meeting held yesterday. This represents a significant milestone towards finalising the proposed transaction, expected in the first quarter of 2022.
Standard Bank has taken title sponsorship of one of the longest-standing events of the actuarial profession in South Africa: The Convention of the Actuarial Society of South Africa (ASSA) 2021. This year marks the 48th annual convention, which will take place virtually from 19-22 October.
Standard Bank Group was awarded the Global Islamic Finance Awards (GIFA) Excellence Award for Premier Islamic Banking for the second year in a row at GIFA’s 11th annual awards. The awards ceremony was held on the 14th of September and was attended by President of Pakistan, Dr Arif Alvi as the chief guest, alongside local and international leading players and other stakeholders of the banking industry.
Standard Bank’s Shari’ah banking allows customers to bank in a way that fits their beliefs and lifestyles. One that honors their values based on Shari’ah compliance. Though based on Shari’ah principles, these offerings are in no way exclusive to Muslim customers but are for anyone who wants to consume products that are based on the principles of Shari’ah.
Standard Insurance Limited will be reducing its insurance premiums to its small business and agriculture customers by 30%. This applies to premiums for the next 3 months starting in August 2021 and is aimed at helping to reduce some of the impact of recent lockdown restrictions as well as the recent unrest in Gauteng and KwaZulu-Natal.
In a highly competitive financial service offering like life insurance, delivering differentiated and memorable customer experiences across every touchpoint of the insurance journey have become more crucial than ever. COVID-19 has left in its wake a combination of altered life expectancy and forced migration to digital integration in virtually every aspect of daily living,
It is an unfortunate yet inescapable reality that Covid-19 will be a key determinant in Africa’s economic growth in the short term. Despite not suffering the same levels of human casualty as elsewhere (less than 5% of the overall deaths from Covid-19 have been in Africa), a largely sluggish vaccine rollout is preventing the continent from kickstarting its recovery as quickly as it might.
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za