Guardrisk loses another Covid-19 business interruption case

Western Cape High Court orders Guardrisk to compensate Fat Cactus Restaurants for business interruption caused by Covid-19

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Santam to appeal Ma-Afrika judgment

Santam believes the Western Cape High Court erred in its judgment, but has more than doubled its provisions for business claims

Investec burns its fingers in market turmoil

Hedging losses knock UK Specialist Bank but group reinstates dividends

Irba clears Deloitte partners on most serious charge over African Bank

Auditors’ watchdog clears  Danie  Crowther while Mgcinisihlalo Jordan still has to face sanction on five charges

Magda Wierzycka says Reserve Bank’s offshore investment cap rules a ‘disaster’ for active managers

The Sygnia founder Magda Wierzycka says as active managers struggle to justify their higher fees, the new regulations are likely to provoke fierce resistance

Investec Life targets 40,000 clients for life cover

‘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’

Virgin Active drops a dumbbell on Brait

Investment holding company reduces value of multi-national gym chain amid a second wave of lockdowns

Allan Gray finds equity valuations attractive

Asset manager argues in favour of value-based thesis even as funds underperform

SA insurers could be liable for billions after Santam's Covid-19 court loss

The Western Cape High Court ruled on Tuesday that Santam is to pay full business interruption losses, including those related to state restrictions

Ninety One hit by tech stock trends

SA’s largest asset manager reports net outflows for first time since 2017 half

Old Mutual raises R2bn as part of its multi-issuer note programme

Due to the programme, the insurer has secured listed-debt financing at favourable rates despite the difficult prevailing market conditions

Ninety One sees first net outflows in three years

Investment manager has £300m in net client outflows in its half year to end-September

WATCH: How Covid-19 affected Octodec

Octodec Investments MD Jeffrey Wapnick talks to Business Day TV about the company’s results

Government paying more than banks to borrow over five years

Increased supply of shorter-dated government debt pushing up yields

Ninety One sells unit trust administrator to Edinburgh-based FNZ

The transaction is a vote of confidence in SA from key international operator


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