03/28/2021
Sanlam posts Sh78m loss on higher claims
The higher claims pushed the insurer from the Sh114.4 million net profit it had posted in the previous financial year.
Wealth and Asset Management
03/26/2021
Assets under StanChart wealth management unit hit Sh129bn
Clients signed up to the service are allowed to borrow business loans using their investments as collateral.
03/24/2021
The Mauritius foundation: charitable giving built on strong foundations
A tax efficient method to achieve philanthropic goals: An attractive feature of the Mauritius foundation is that it is automatically exempt from tax
03/15/2021
Schroders recognised for exceptional offshore equity fund in the South Africa 2021 Morningstar Awards
The Morningstar Awards are designed to help investors around the world identify the year's most exceptional funds and fund managers.
03/10/2021
Standard Chartered: We’ve partnered with BlackRock’s Aladdin platform
Standard Chartered can now offer a consistent and coherent front-to-back experience through BlackRock’s Aladdin Provider Network
02/16/2021
Standard Bank to partner with Northern Trust to offer transition management services across Southern Africa
“This partnership agreement expands Standard Bank’s longstanding relationship with Northern Trust,” says Charl Bruyns, Head of Investor Services and Financial Institutions at Standard Bank Group.
02/04/2021
Top 15 richest presidents in Africa 2021
Their families are elite and almost always have links when the first governments were formed when African countries gained independence.
01/22/2021
The Forbes Billionaires’ List: Africa’s Richest People 2021
While some got richer by the billions, two from the 2020 list of Africa’s richest dropped below the $1 billion mark.
01/19/2021
Steven Nathan’s hasty 10x exit: Who believes the Old Mutual spin?
I did enjoy the benefits of the investment banking industry and I also spent some time in London with Deutsche Bank, where I ran the global bank’s team for Deutsche.
01/19/2021
Externalising assets - don’t be driven by fear, Reyneke van Wyk
The next couple of years will be crucial in getting South Africa back on track.
01/05/2021
South Africa is losing thousands of millionaires
Overall, between 2017 and 2020 South Africa lost 8,600 millionaires.
12/21/2020
This island paradise in the Caribbean has affordable second passport benefits for South Africans
The investment required is often less than what you would pay for a luxury property in SA, and rather than eyeing second homes here, wealthy South Africans are taking the opportunity to invest in a second home in offshore destinations where they can obtai
12/21/2020
Argyle Pinks Break Records After Mine Closure
The stones continued to appreciate this year, since supply is being diminished, participants observed.
12/20/2020
10 things wealthy people love about living in South Africa
There are approximately 1,800 multi-millionaires living in the country
12/18/2020
Investec CFO on overcoming challenges
Nishlan Samujh, finance leader of the Anglo-South African bank, reveals how the FTSE-250 group recovered after the pandemic struck
12/17/2020
Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects
The survey highlighted that the majority (84%) of asset managers have lost investors to digital-first disruptive competitors in the previous 12 months.
12/15/2020
Bank One scores hat trick at Global Banking & Finance Awards
Bank One Private Banking distinguished itself on the international scene this year despite the numerous challenges faced by the overall banking sector since the emergence of the COVID-19 pandemic.
12/09/2020
Investec self-service onboarding removes the pain points for business clients
Investec Corporate and Institutional Banking recently piloted a self-service onboarding process for clients.
12/04/2020
South African wealth firm unveils advisory partnership division
It will help independent advice companies grow their revenue and assets under management
12/03/2020
Follow a structured process to phase capital into the equity market – Reyneke van Wyk
The fact is there are too many risks associated with trying to predict or ‘time’ the market he explains.