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Tag: Sanlam

Sanlam and Absa set to combine their investment management businesses and it is going...

SANLAM, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, have announced that they have reached agreement to combine their investment management businesses. This major...

Sanlam is now the largest insurer in Africa

JOHANNESBURG – Sanlam on Thursday became the largest insurer across the African continent following its $1.05 billion (R15.37bn) splurge on Saham after regulators authorised the purchase of more shares in the...

Sanlam chief executive of employee benefits unit to leave

JOHANNESBURG  - Financial services group Sanlam said on Monday Dawie de Villiers, the chief executive officer of Sanlam Employee Benefits (SEB), had resigned and would leave on October 31. Sanlam...

Sanlam urges SA to tone down on policy to lift growth

The government must provide policy certainty and tackle its problems one at a time if it is to pull the country out of its economic malaise, according to Sanlam chief executive officer...

Steinhoff forms sub-commitee with former Absa, Sanlam CEO & investment banker

Steinhoff has added former banking and insurance heavyweights to form a sub-commitee board following the resignation of its CEO, Markus Jooste on Tuesday over alleged accounting irregularities. A board subcommittee,...

Sanlam Global Investment Solutions to launch an artificial intelligence investment capability

Sanlam Global Investment Solutions (SGIS) has today announced that its first investment capability wholly managed by artificial intelligence (AI) and machine learning (ML) will be launched in March 2017. This fully automated investment process uses multiple machine learning techniques to learn from...

Sanlam portfolios take the lead

Several Sanlam portfolio managers brought home accolades for being the top performers in their fund categories after the 21st Raging Bull Awards ceremony held in Johannesburg on Wednesday, 25 January. The prestigious Raging Bull...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

The Cape’s financial landscape

Cape Town is often viewed as the hub of money management – an image obviously enhanced by the fact that two of the country’s most iconic savings institutions, Sanlam and Old...

New business volumes boost Sanlam

Sanlam Ltd, a South Africa-based insurer, said 2014 profit rose after new business volumes grew by 18%, assets under management increased and underwriting activities expanded. Net income climbed to R8.73bn...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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