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life-insurance

Life insurers ‘well capitalised’ despite paying out R608 billion in 2021

Policyholders and beneficiaries received claims and benefit payments worth R608 billion from South African life insurers in 2021, the highest paid in a single year, according to statistics released by the Association for Savings and Investment South Africa (Asisa). Asisa said that despite these historic pay-outs, “the industry remains well capitalised and in a strong […]

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Godongwana-Budget-2022

Political messaging, juggling spending demands, and the outlook for SA bonds

Jeff Schultz, senior economist at BNP Paribas South Africa, provides the following perspective on the Budget. He discusses: What the ANC hopes the Budget will achieve politically. The outlook for government revenue and spending. Why BNP Paribas remains positive on government bonds. Emulating the prudent approach to future revenue gains displayed in November’s Medium Term […]

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