This has been a year of change and opportunity, from the optimism ushered in by the formation of the government of national unity (GNU), to the accelerating convergence of banking and insurance — though the sector continues to navigate a complex landscape of regulatory shifts and technological disruption.

The GNU era has also seen a decline in interest rates and volatility in international market exposure. The associated positive sentiment, coupled with South Africa’s resilience, bodes well for the financial sector’s prospects. As the GNU’s proposed economic reforms take hold, the industry is poised for a period of stability and growth...

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