WATCH: How unit trusts will fare in a post-pandemic world

Financial Mail associate editor Stephen Cranston talks to Business Day TV about unit trusts

Fitch cuts SA’s five largest banks deeper into junk status

The downgrade reflects the country’s downgrade to junk status with banks’ exposure to SA also a concern

Hanratty takes Sanlam’s helm during a critical time for SA

Current CEO Ian Kirk will remain with the group until the end of the year

Remgro to keep FirstRand stake in unbundling

Retaining the banking holding company is intended to provide additional balance sheet capacity

WATCH: How Covid-19 is affecting the banking sector

Basa MD Cas Coovadia talks to Business Day TV about the effect of the pandemic on banks

Sanlam to pay dividend as it reports strong start to new year

New business volumes are up almost a third in first two months of 2020

Absa unveils plan to assist clients facing financial pressure

Absa's programme to aid customers under financial pressure starts on April 1

Conduit Capital to acquire Legal Shield in reverse takeover

The acquisition of the Namibia-based insurer through issuing shares would make Conduit part of the Trustco group

SA insurers have the reserves to withstand Covid-19, Asisa assures

The Association for Savings and Investment says SA’ insurers have free capital of R373bn — twice the amount needed

Vunani shakes up its leadership structure

Butana Khoza succeeds Ethan Dube as CEO, with Dube shifting to deputy chair at financial services group

Peter Moyo loses bid to be reinstated as CEO, but plans to fight on

Peter Moyo mulls approaching either the president of the SCA for a reconsideration, or the Constitutional Court for leave to appeal

Banks step up to help customers take coronavirus hit

Announcements from Standard Bank, Nedbank and FNB come as the Reserve Bank works with sector to help shore up financial system

Standard Bank gives payment holiday to students and small businesses

Students and small businesses with an annual turnover of less than R20m will receive payment holidays until the end of June

Alexander Forbes delays share buyback over market volatility

Move will strengthen group’s capital as well as liquidity, and ensure its sustainability in next months, group says

Ninety One’s CEO looking forward to brave new world as independent player

Successor to Investec Asset Management has no regrets about listing at a time of market turmoil and considerable fear worldwide

WATCH: How ARC’s stake in Rain paid off

ARC joint-CEO Johan van Zyl talks to Business Day TV about group’s interim performance

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