It will be difficult to avoid a global recession in 2023, and the recent surge in global bond yields is already reflecting the market’s expectation of a significant economic downturn next year, according to Jim Leaviss, CIO of Public Fixed Investment…
"The group has a clear strategy in place, which is being executed by an experienced management team who knows what is required to keep delivering expectation-beating growth for our shareholders. We remain focused and committed to this task,"…
The Southern African Venture Capital and Private Equity Association (SAVCA) recently hosted its 2022 Annual General Meeting (AGM) and welcomed three new board members: Andrea Böhmert, Lebo Thubisi and Richard Rose.
“Raul is an outstanding leader and an excellent fit for the role,” said Mario Greco, Zurich Group Chief Executive Officer. “He has a strong track record growing one of our largest retail businesses by delivering product innovations and optimizing…
SAVCA Acting CEO and Head of Policy and Regulatory Affairs, Shelley Lotz, says that both Fintech and EdTech are crucial sub-sectors for South Africa, and while the local financial system is highly developed and internationally competitive, financial…
The reality for the taxpayer is that defending a SARS' tax audit or dispute can be incredibly costly, and the taxpayer is liable for all the related costs of accountants, tax specialists and possibly legal experts to prepare and defend the audit,…
"South African investors, particularly the risk-averse, have been somewhat sceptical about the innovations that blockchain technology has introduced to the market. Now, with investment in digital assets entering the mainstream and taking its…
Our findings tell us that increasing gender representation was the top priority in hiring and onboarding talent for Southern African PE firms, with significant improvements being made in their overall gender diversity from 2020 to 2021, says…
According to the new report, the Black Middle Class constitutes of 3.4 million people, making up 7% of South Africa’s Black African population – with a spending power of R400 billion per year.
According to Ben Forster– Equity Analyst and Global Real Estate at Schroders, a parallel trend is transforming business operations around the world, Data centres, macro towers and fibre connectivity are among resilient growth areas as the digital…
“These strong results in year one of the three-year Reinvent and Grow strategy are encouraging and confirm our solid competitive position. It was a real team effort, with almost all our businesses performing at, or close to potential,” says…
“It’s an exciting phase to be involved in, with so many positive opportunities that we can build on. As one of South Africa’s top auditing firms, our goal is to advance the strategy of the business while keeping our focus firmly fixed on our…
Despite very volatile political and economic markets, the Group has made excellent progress on its growth strategy, as evidenced by Discovery Bank and the evolution of our global healthcare model, mainly through Amplify Health, our recently-announced…
Challenging and unpredictable market conditions combined with emerging risks previously not considered have refocused buyers on the value, structure and overall cost of their insurance programme, says Alicia Goosen, Chief Broking Officer at…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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