"We will continue working collaboratively with stakeholders, in South Africa and more broadly, to ensure that our sector is efficiently and effectively able to intermediate and direct capital flows in support of sustainable outcomes, while appropriately…
"Now that the topics for the two-day event have been finalised, we have started sharing details of the subject matter experts who will be part of the panel discussions," says IISA CEO Thokozile Mahlangu. "Keep an eye on our social media feeds…
The Group said its Swiss Solvency Test (SST) ratio was 267% as per January 1, 2023, was up from 212% a year earlier, reflecting the rise in interest rates across all currencies and strong underlying capital generation.
"The policies that will enhance the country's reputation in the global arena are mostly in place. What is needed now is implementation. How quickly we react in working together towards a solution will determine investor sentiment, which will…
"The most evident challenge facing South Africa is the lack of power, which has led to severe load shedding. Ultimately, this is just one facet of a broader collapse in various state capabilities that accelerated under the Zuma administration,…
"Screening for integrity "relates to the honesty and moral principles of an employee." This will involve determining whether an employee has a criminal record or not, particularly related to crimes of dishonesty, money laundering or financial…
“While the ongoing energy crisis presents many uncertainties, one thing we do know is that loadshedding will continue to be a reality for the foreseeable future. South African businesses need to mitigate this risk by decreasing their reliance…
"The performance of our key financial metrics under these conditions highlights the competitive advantage of our advice-led business model. Total assets under management increased by 13% to R354.1bn, comprising assets managed by PSG Wealth of…
The run on smaller US banks will certainly tighten credit conditions further down the track, but so far the Fed continues to see fighting inflation as opposed to maintaining financial stability as its priority, and has continued to raise rates…
"Our ability to keep operating expense escalations below inflation demonstrates the continued commitment from the board of directors and executive committee to manage the company prudently in a challenging macroeconomic environment," explains…
"Despite companies facing increasing volatility and uncertainty in the form of inflation, a global pandemic, changing workforce patterns and geopolitical conflict, the latest Global Wellbeing Survey demonstrates that employers are still focused…
“We remain committed to returning capital to our shareholders, with R59.3 billion returned through special distributions since 2018. The Group solvency ratio remains robust at 190%, within our target range of 170% – 200%," said Iain Williamson,…
“The Annual Report describes how we delivered on our targets for the 2020-2022 cycle despite an extremely challenging environment. We achieved an industry-leading total shareholder return and continuously supported our customers and communities…
“ACED are very proud to have reached financial close and construction commencement on this much needed South African first, and we look forward to getting to the commercial operation date on Msenge for Sasol," says James Cumming, ACED’s General…
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