Latest News & Developments
sanlam
Rising cancer and heart disease cases drive R6. 62 Billion payout by one of South Africa’s largest insurers
In 2024, Sanlam Risk and Savings paid out R6. 62 billion, reflecting a concerning rise in claims related to cancer and heart disease among South Africans
Sanlam reports strong earnings growth and strategic partnerships for future success
Sanlam announces robust earnings growth for 2024, driven by strategic partnerships and market expansion across Africa and India.
Empowering grassroots rugby | Boland Rugby Union's latest initiative
Boland Rugby Union's initiative empowers 490 teams with essential equipment, fostering talent and promoting rugby across the region.
Sanlam reaches massive asset management deal with UK-based Ninety One
A total pool of assets of about R400bn (as of 30 September 2024) was expected to transfer to Ninety One.
Ninety-One to manage R400 billion of assets for Sanlam in new partnership
In recognition of the value transferred, Ninety One intends to issue shares to Sanlam, giving Sanlam an approximate stake of 12. 3% of Ninety One’s share capital. Ninety One will remain an independent investment manager with staff as its largest shareholder.
Sanlam installs water tanks at Soweto school, spotlighting water scarcity crisis
The installation of water tanks at the school is the first phase of this developmental project, marking Sanlam’s milestone to educational sustainability.
World major status nears as 21,000 line up for Cape Town Marathon
With organisers aiming to secure world elite race status, it will have a number of different events including the trail marathon and 10km races on Saturday, with the headline act being the 42. 2km marathon taking place on Sunday.
Are the traditional South African insurers about to disrupt the retail banking market?
South African insurers are making bold moves into banking, while banks continue to sell insurance.
Woman loses court battle to withdraw R160,000 Sanlam investment early for tuition fees
After a year of investing, in January 2023, the woman approached Sanlam for a second withdrawal saying she needed money to pay tuition fees but her request was declined.
From KFC, laptops to TVs, South Africans reveal what they will spend their two-pot money on
From fast food to appliances and clothing, South Africans reveal what they will spend their savings pot money on.
Sanlam has received more than 20,000 two-pot retirement system claims
Sanlam said that they have received more than 20,000 savings component claims.
Sanlam reports big surge in activity due to roll-out of two-pot retirement system
The rollout of the two-pot retirement system had led to a surge in activity for Sanlam Corporate, which received more than 20 000 savings component claims via its portal and app on just the first two working days of September.
Sanlam’s local fortification strategy complemented with acquisitions continues to pay off
“The strategy to concentrate our efforts on fortifying our South Africa operations through leveraging our scale and competitive edge, alongside focusing on Pan-Africa and Asia where we already have robust market positions in rapidly growing economies, continues to position our business favourably,” he said.
Sanlam’s share price falls after deal to acquire a 25% stake in African Rainbow Capital Financial Services
Once the transaction is complete, ARC FSH will hold 100% of the shares in ARC FSI, together with its existing investments in TymeBank, AI Fund, CrossFin and Ooba.
Dishonest Sanlam broker debarred for insuring brother’s house minutes after it was burned by angry tenant
Two day after the house was torched, his brother called Sanlam to register a claim for damages to his house.
Sanlam share price rises on MultiChoice deal to expand in Africa
MultiChoice, which has subscribers in 50 countries in Africa, and which is currently being acquired by French global broadcaster Canal +, will use the cash proceeds from the deal for working capital purposes. Sanlam, which has becoming a pan-African insurance and financial services leading group as a core part of its strategy, already does business in more than 30 African countries
Hanratty agrees to extend term as Sanlam head to 2027
Hanratty was appointed chief executive on July 1, 2020, and has been a member of the board since 2017. He has been a non-executive director of MTN since 2016, and is the non-executive chair of Intelligent Debt Management, an online search showed.
South African Financial Sector urged to combat nature loss
As nature loss accelerates, the TNFD framework seeks to shift financial investments towards sustainability. South African financial institutions are urged to integrate these guidelines to safeguard biodiversity.
Adult dependants to get bigger share of R2m
The Sanlam Umbrella Fund has been ordered to allocate a bigger portion of a man’s close to R2 million death benefit to his adult children who were also dependent on him.
Sanlam sees some progress in resolving SA energy, logistics hurdles
This comes as South Africa’s economic growth for this year has been projected at around 1%.
Sanlam lifts stake in Shriram for greater exposure to India market
Sanlam increases shareholding in Shriram to 51% from 40% to increase exposure to fast-growing insurance market in India
Competition Tribunal gives the go ahead for Woolworths acquisition of Absolute Pets
Woolworths acquisition of Absolute Pets has been approved by the Competition Tribunal.
Rand holds some strength against the dollar as we wait for interest rate results
The rand showed some firm strength against the US dollar on Tuesday, as the country waits for the Reserve bank to issue its latest decision on interest rates.
Green flags - know the indicators of a strong and healthy financial relationship
Couples that are able to identify the green flags can have successful financial relationship.
The rand hits the R19 mark against the dollar as Budget 2024 looms
The rand breached the R19 threshold when compared to the US dollar on Tuesday, as the markets and economy anticipate the fiscal policies Finance Minister Enoch Godongwana will implement on Wednesday.