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Kenya

Kenya’s low income farmers get livestock microinsurance

A five-year project to provide low-income dairy farmers with livestock microinsurance in Kenya will be launched by Kenyan cooperative insurer CIC Insurance Group (CIC) at a formal event taking place today in Nairobi. This venture has been formulated as part of the International Cooperative and Mutual Insurance Federation’s (ICMIF) 5-5-5 Mutual Microinsurance Strategy, which aims […]

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insurancefeat

SA insurers made more resilient by new regulations: Moody’s

According to Moody’s Investor Service, South Africa’s new prudential regulatory standard for insurers, known as Solvency Assessment and Management (SAM), brings the country’s insurance regulation into line with international best practice. (more…)

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The results are in – SA’s most active and best driving city revealed

Capetonians exercise the most and are the nation’s safest drivers – and there is a correlation between the two. This is according to the Road to a Healthier South Africa, released by Discovery Vitality, which presents the latest insights on the physical activity levels and driving behaviour of over half a million Vitality members in […]

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momentum one

New research highlights how distracted employees damage company productivity

South African businesses are losing up to a staggering R89 billion per year due to unproductive employees. This is according to new research by Momentum Corporate, which reveals that presenteeism – the phenomenon when employees are at work but not productive due to distractions – is costing these businesses 5% of Gross Operating Profits (GOP)1. […]

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Minister Nhlanhla Nene and John Green, Deputy CEO, IAM

IAM announces strategic partnership with the China-Africa Development Fund

Marking a historic milestone in strategic collaboration between China and Africa, Investec Asset Management (Investec) today announced the signing of a significant strategic partnership with the China-Africa Development Fund (CADFund), the first private sector organisation to do so. Attended by Finance Mininster Nhlanhla Nene, the signing formed part of the events taking place at the […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

‘Despite our troubles, South Africa is a country in which a lot has gone right’

‘Life in South Africa: Reasons for Hope’*, the latest report from the Institute of Race Relations (IRR), seeks to remind South Africans of the significant progress the country has made under democracy, and the scope for resuming an upward trajectory towards growth and optimism. The report highlights progress in areas ranging from the economy to […]

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Greg Hopkins

Why the rise in passive investing may benefit active managers

Proponents of passive investing advocate low-cost returns, guaranteed to closely match those of the market. In contrast, many active managers globally have had a tough time achieving index returns. Will the next five years be any different? (more…)

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Competition Commission proposes tough measures on motor insurers

By Mark Griffiths, Norton Rose Fulbright. On 1 August 2018, the Competition Commission called for final comments on its far-reaching Code of Conduct for Competition in the Automotive Industry. The code will materially impact a range of stakeholders, including motor insurers. This consultation is the last opportunity for stakeholders to comment before they decide whether or […]

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