PSG earnings rise as Wealth outperforms other divisions
Recurring headline earnings increased 5%, but lower performance fees and storm-related claims weighed on Asset Management and Insure, while return on equity declined.
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The rand’s long-term outlook may be changing
Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.
PSG earnings rise 33.5% as markets boost performance fees
PSG Financial Services reported strong earnings growth, supported by favourable market conditions and higher performance fees.
PSG Financial Services announces board leadership change
Founder Willem Theron will step down as non-executive chairperson.
Out of the grey, not yet in the clear: what EU delisting really means for South Africa
South Africa’s removal from the EU’s high-risk list eases regulatory friction, but economists caution that rebuilding investor confidence will be gradual.
PSG Insure leads earnings growth with 41% surge
PSG Financial Services posted a strong overall performance for the year, with a 24.7% increase in recurring headline earnings per share, driven by growth in PSG Insure, PSG Wealth, and PSG Asset Management.
PSG delivers 28% earnings surge despite tough market conditions
The group reported a 15.9% increase in assets under management to R435bn.
