Sanlam to consider alternatives ‘in the best interest of stakeholders’ to implement the orderly unwinding of SU BEE Funding in the lead-up to the funding repayment date.
A 200 basis point cut in the repo rate will lead to the rand plunging by between 12% and 15%, putting upward pressure on inflation through more expensive imports.
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
A ‘new frontier’ of gender, diversity and inclusion focused initiatives are tackling tackle gender inequality in the financial sector.
The insurance industry can be a force for good, says an insuretech’s managing director, and it begins with spreading happiness and well-being.
It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.
Respondents believe that charges should be for the ‘core’ financial product or service only, with additional features perceived as free add-ons.
Initial speculation pointed to the solar panels on the roof as the cause.
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
A member of United African Stokvel shares why she invested R200 000 despite her initial misgivings.
Sentencing of business owner highlights Sars’s determination to combat tax fraud and non-compliance.
A trading update also says the group is considering what to do with OUTvest, which may include selling it.
The banking sector is one of the few pillars standing in a country that is effectively under business rescue after imploding from state capture.
Claim documents have been sent to creditors as the provisional liquidators take steps to recover assets and secure funds held in the name of Classic Financial Services One.
From the pink-clad world of Barbie to the dazzling lights of music tours, the impact of pop culture phenomena on the global financial markets is shaping investors’ decisions.
An insurance provider advises caution following a surge in the trade in counterfeit luxury goods.
Adjudication of the complaints requires hearings, which are more conducive to a court of law, the Ombud says.
