With nearly 80% of all direct premiums in Africa, the South African insurance industry is a regional giant. Having weathered the economic slowdown, the sector is facing new challenges, including shifting market dynamics and an evolving regulatory framework that will likely alter the day-to-day operations of licensed insurers.
Rated as the best-regulated exchange in the world by the World Economic Forum’s “Global Competitiveness Report 2010-11”, the Johannesburg Stock Exchange (JSE) occupies a prominent position in South Africa’s economic landscape. Holding its place as Africa’s largest bourse, the JSE continues to invest in upgrading its technological platform, which...
THE COMPANY: Sappi is a paper and packaging company, with headquarters in South Africa and listings on the Johannesburg Stock Exchange (JSE) and New York Stock Exchange (NYSE). It has operations in: (i) Southern Africa (29% of group operating profit for fiscal year 2011 to end-September 2011 and with pulp...
THE COMPANY: At nearly 100 years old, Sanlam Group Limited is one of the oldest and largest non-banking financial institutions in South Africa. Founded as a mutual assurance company in 1918, Sanlam today manages 16% (second only to Old Mutual at 27%) of the life insurance industry total assets and writes...
THE COMPANY: Nedbank is the fourth-largest bank in South Africa by asset size, and provides wholesale and retail banking services, insurance and asset management services. Nedbank’s headquarters are in Sandton, Johannesburg and it has branches and representative offices in other Southern African countries...
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