Solar panel surge holds opportunities and risks for insurers
Old Mutual’s Clive Hogarth says insurers need to ask critical questions about the quality of installations.
Industry News
Eastern Cape floods: Santam receives more than 250 claims
The number of claims is expected to rise, and storm-hit policyholders in KwaZulu-Natal will also be filing claims.
Final report on racial profiling allegations ‘to be released soon’
Nearly four years since the investigation into allegations of racial profiling began, the Council for Medical Schemes has indicated that the final report is almost complete.
Ninety One’s AUM dips again, but net outflows lower than in 2023
The higher-for-longer interest rate environment has kept investors away from risk assets, particularly in emerging markets.
Momentum Metropolitan reports jump in single-premium business
The reduction in the number of tied agents knocked recurring-premium sales, the group says in a trading update.
Discovery Insure faces social media uproar after personal data breach
Criminals are impersonating policyholders and requesting copies of their policy schedules and claims histories.
Dis-Chem agrees to buy 50% stake in insurer OneSpark
The acquisition is in line with the group’s strategy to develop a portfolio of health-centric financial services products.
Glimmer of hope for when the SARB will start cutting the repo rate?
Governor Lesetja Kganyago says the central bank will remain committed to reining in inflation if a new government spends more and the deficit increases.
Unauthorised financial services business: FSCA issues a long list of entities and individuals
Boutique asset manager Denker Capital is the latest FSP to be impersonated by fraudsters operating on social media.
AI, digital currencies, and ESG are shaping currency trading strategies
Citadel unpacks currency fluctuation dynamics and how the rand is impacted by global and local events and indicators.
AfriForum criticises Craig Warriner’s plea deal for lack of disclosure
The recent plea deal resulting in a 25-year prison sentence for Craig Warriner is under scrutiny for allegedly failing to serve the interests of justice and providing minimal benefit to the State beyond administrative closure.
Another setback for CMS in legal battle over LCBO documents
The signing of the NHI Act does not mean the BHF is letting up in its fight for regulations on low-cost benefit options.
Investors reap the rewards of staying the course in (global) equities
Excluding reinvestments, the local CIS industry experienced net outflows in the year and the quarter to the end of March 2024.
Solidarity and BHF file court papers challenging NHI
The trade union says moves are afoot for members of the National Assembly to bring an application against the NHI Act.
Discovery Bank launches ‘shared-value’ home loan product
The bank claims its dynamic interest rate offering will allow clients to save up to R2.8 billion in interest repayments a year.
Why I opt for BHP rather than Anglo
An analysis of the consolidated value of Anglo’s mining production compared to its share price indicates that BHP’s valuation is justified.
Can the basic income grant be dismissed as simply ‘a vote-catching ploy’?
Like NHI, BIG has been on the government’s agenda for decades. An analysis shows the extent to which the ANC can look to other parties to support its implementation.
