PSG Konsult has announced that in its last trading six months ended 31 August 2021, it had increased recurring headline earnings per share by 23% and generated a return on equity of 22%, thereby delivering a result which is circa 30% above its…
The Board Chairman of Prudential Portfolio Managers (SA), set to be renamed M&G Investments Southern Africa, Graham Mason has announced that Bernard Fick has decided to leave formal employment, and will therefore be stepping down from his position…
Prudential Investment Managers have today announced that, following an announcement made in March 2021, it has received approvals from all of the necessary regulatory authorities for its proposed small ownership changes
In this snapshot, analysts indicate that pent-up US demand might create a boom and bust. The increase in consumer spending as facilitated by lockdown savings is the likely source of economic growth, however, experts warn that consumer spending…
South Africans are more optimistic than at any point in the past five years, expecting their future investment returns to average 15.2% per year for the next five years, an increase of 2.5% since last year.
Zurich Insurance Group (Zurich) is taking global measures to accelerate cuts in carbon emissions from its operations, reflecting the urgent need to respond to the climate crisis.
The practice of gratitude helped me through the Covid-19 lockdowns last year, and every day I would write down three things that I appreciated in my life, which allowed me to reflect on what made me happy, writes Piya Sachdeva, Economist at…
The Financial Sector Conduct Authority (FSCA) has issued a warning to the public to act with caution when dealing with Oakshield Asset Management (Pty) Ltd (Oakshield).
The Financial Sector Conduct Authority (FSCA) today issued a warning for the public to act with caution when dealing with a WhatsApp group which is using the name Fairtree Capital.
The Financial Sector Conduct Authority (FSCA) has today suspended the exchange licence of ZAR X PTY LTD (ZAR X) in terms of section 60(1) of the FMA, effective from 16:00 on 20 August 2021
With intense regulatory scrutiny and restrictions on overseas listings, is it game over for investing in China tech and the Chinese market in general?
All businesses operate under a regulatory regime, in many cases involving multiple regulators and great complexity.
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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