Managers of Wealth Africa

Sanlam seeing ‘significantly more death and funeral claims’

Claims in its individual life unit hit R4.75bn last year, with a 60% increase in funeral claims alone, largely attributed to Covid-19.

South Africa Investment Industry Backs Early Pension-Access Plan

‘Two-bucket’ system proposed to safeguard retirement savings

Zurich's life sales growth in EMEA 'mainly driven' in five countries

The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.

South Africa's Absa, African Rainbow launch renewables investment platform

Starting with a total of 31 renewable energy assets from the founding partners, African Rainbow Energy will invest in projects including solar, wind and battery storage.

Property industry lost a dealmaker extraordinaire in Investec's Sam Hackner

"His values, passion and clarity of thought became entrenched in the fabric of the business, proving invaluable and contributing to the success and growth of the Fund for over ten years," wrote Investec Property Fund when it announced his passin

How South African SMEs can position themselves for growth

The good news is that wherever your SME is in its growth curve, affordable cloud-based business solutions and ecosystems make backend process support — previously reserved for larger companies — available to even the smallest sole proprietor,

How South Africa could pay for a universal basic income

The question is then not about whether a UBIG should be implemented, but rather how it should be designed and financed.

Nigeria's WEMA Bank expands long-term business agreement with Network International

This collaboration will provide the bank access to Network International’s advanced digital infrastructure, allowing it to better meet its customers’ payment and card needs in Africa.

ALLAN GREENBLO: Forget the concept of public-private-pension partnerships

Retirement funds are on their own to select just where they want to go and how to go about it, and perhaps that’s a good thing

TransCentury banks on $48m cash fix

The transaction is expected to be concluded in the third quarter (July-September) of this year subject to shareholder and regulatory approvals.

Zimbabwe: Capital Markets Awards Nominations Process Begins

"Voting will be based on polls conducted on all categories at different times," Zharare said.

Why SA's list of female CEOs at top companies is still so short

Meanwhile, the list of female CEOs in listed companies has also seen some prominent names crossed off, like Basani Maluleke's unceremonious departure from African Bank and Lizé Lambrechts's imminent early retirement from Santam.

Diamond sales at De Beers' Botswana unit rebound as global market recovers

Botswana gets about 30% of its revenues and 70% of its foreign exchange earnings from diamonds

Nigeria CEOs Among Best Paid in Sub-Saharan Africa, PwC Says

More than 40% of Nigerians, or 82.9 million people, are classified as poor based on their real per-capita expenditure of less than 137,430 naira ($334) a year, 2019 data from the National Bureau of Statistics show.

These are the companies that South Africans most want to work for

“Employers do not pay or choose to be on the list of employers evaluated and students themselves decide on which employers should be included by voting employers on or off the list.”

Consumers seek less costs to survive

Old Mutual’s head of research, Lynette Nicholson, said: “There is no doubt that consumers are having to take a much closer look at the way they manage their money, and many are having to adapt their lifestyles to survive.”

'Sensible', 'stable' Enoch Godongwana well received as SA's new finance minister

Economists have described Godongwana, who is currently the head of the ANC's economic transformation subcommittee in the national executive committee and chairperson of the Development Bank of Southern Africa (DBSA), to Fin24 as a safe pair of hands

Africa specialist reinsurer unveils new Bermuda office

Once rated, this capacity will be used to bolster ASR's current MGA capacity supporting investment and business into and throughout Africa. Bermuda is a Solvency II equivalent global reinsurance hub.

Customised training interventions are key for an agile and engaged workforce

Now more than ever, it is essential for organisations to have an ambitious learning and development strategy in place, which is linked directly to the strategy of their business and what they want to achieve in the future.

Dubai company to link NSE with top Africa bourses

DirectFN is a global technology firm experienced in capital markets solutions across the Middle East and emerging and frontier markets. It has offices in UAE, Saudi Arabia, Kuwait, Sri Lanka, and Pakistan.

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