The year 2012 promises to be a significant one for South Africa’s long-term insurance industry. The publication of a green paper is expected to at last provide details of the proposed National Social Security Fund (NSSF). The initiative is designed to meet a well-documented social need, but while its goal might be laudable, its implementation...
The national economy has long been supported by industry, in particular the manufacturing sector. Major successes in both the apartheid and post-apartheid eras have helped build the country. The fact that South Africa has long positioned itself as gateway to African markets, both financially and physically, has also served its industrial sector well...
The mining industry has long been a driving force behind South Africa’s economic growth. Although some mines have reached maturity, the country still relies heavily on its mineral output and the industry’s producers have become global behemoths. South Africa’s total reserves, while diminished, remain some of the world’s most valuable, with an...
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...
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