Financial services company says impairments should be lower next year
The improved financial performance comes despite clients withdrawing money and SA’s shrinking savings pool due to Covid-19
Global institutional funds increased almost 20% to R79bn after a strong performance in offshore markets
Michael Avery talks to a panel about regulators for internal and external audit in SA
Western Cape High Court orders Guardrisk to compensate Fat Cactus Restaurants for business interruption caused by Covid-19
SPONSORED | Improve financial controls and reduce the opportunities for fraud with Absa’s cash management team
Santam believes the Western Cape High Court erred in its judgment, but has more than doubled its provisions for business claims
Hedging losses knock UK Specialist Bank but group reinstates dividends
Auditors’ watchdog clears Danie Crowther while Mgcinisihlalo Jordan still has to face sanction on five charges
The Sygnia founder Magda Wierzycka says as active managers struggle to justify their higher fees, the new regulations are likely to provoke fierce resistance
‘We’re not going to be high volume, mass market — a hundred thousand a month — or even a hundred thousand a year like a Discovery or a Liberty or a Sanlam’
Investment holding company reduces value of multi-national gym chain amid a second wave of lockdowns
Asset manager argues in favour of value-based thesis even as funds underperform
The Western Cape High Court ruled on Tuesday that Santam is to pay full business interruption losses, including those related to state restrictions
SA’s largest asset manager reports net outflows for first time since 2017 half
Due to the programme, the insurer has secured listed-debt financing at favourable rates despite the difficult prevailing market conditions
Investment manager has £300m in net client outflows in its half year to end-September
Octodec Investments MD Jeffrey Wapnick talks to Business Day TV about the company’s results
Increased supply of shorter-dated government debt pushing up yields
The transaction is a vote of confidence in SA from key international operator
