Q&A: Anchor CEO Peter Armitage targets R500bn in assets

Founder says he backs his team to outperform vanilla index trackers

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Tourism has at least a year to go before recovery, says RMB chief

SA’s battered hotel industry, running at about 20% occupancy, might need to hold on until the second half of next year

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KPMG SA appoints nine new partners

SPONSORED | The firm shows its commitment to attracting and nurturing talent, and driving transformation

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Shares of JSE-listed insurers resilient amid scandal report

The Daily Maverick reported on Wednesday that Santam, Hollard, Old Mutual and Momentum Metropolitan’s Guardrisk lost R944m in an alleged payment scandal

Absa flags an interim dividend as profit recovers

Bank says its divisions are benefiting from lower credit impairments

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Covid-related death claims better than expected, says Liberty

The insurance group says the review will take into account the possibility of new infections

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WATCH: How to find value in the small-cap sector

Integral Asset Management’s Keith McLachlan takes a look at the winners in the small-cap space​

FNB, Capitec see biggest increase in annoyed clients, says banking ombudsman

But the figures need to be seen in the context that the two banks have a huge client base

Transaction Capital eyes majority stake and global expansion for WeBuyCars

Financier aims to expand the second-hand car platform internationally if bid to take control succeeds

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Curro buys a school in fast-growing Fourways

HeronBridge College will give the private education provider a foothold in a fast-expanding node

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BlackRock wins licence in China for wealth management venture

US fund giant has set up shop with a unit of China Construction Bank Corporation and Temasek

Tracy Brodziak to leave Old Mutual after 20 years

The portfolio manager will remain in the asset management industry after completing her notice period, and will start in her new role in mid-July

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Commerzbank surprises with strong profit as CEO unveils radical turnaround plan

Strong trading and investment banking conditions help stricken German bank beat forecasts

Transaction Capital resumes dividend as earnings recover from Covid-19

All three divisions are near or have returned to pre-pandemic growth rates, the company says

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FSCA wants to see more progress on credit life insurance

Regulator says more banks can treat customers fairly by adjusting premiums as loans are paid off

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‘Bombed out’ SA stocks are a bargain

Truffle Asset Management says the stocks are underrated and offer good value and solid return prospects

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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.