Sector: Financials
The company is available at Interactive Brokers
Sanlam (JSE:SLM) was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018, the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia.
The Group's vision is to be the leader in client-centric wealth creation, management and protection in South Africa, to be a leading player in Pan-African financial services with a meaningful presence in India and Malaysia and to play a niche role in wealth and investment management in specific developed markets.
Sanlam operates through a number of subsidiaries, associated companies and joint ventures. Sanlam Life is the largest operating subsidiary and the holding company of most of Sanlam’s operations in emerging markets.
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Kobus Botha, Prescient’s group chief technology officer, has built up a substantial knowledge base on technology in financial services.
2023-10-10 11:08 +02:00
MTN South Africa is pushing deeper into financial services, offering funeral cover to South African consumers.
2023-08-24 10:31 +02:00
South Africa and the governments of the Netherlands and Denmark have launched a $1-billion green hydrogen fund.
2023-06-21 14:57 +02:00
Santam has announced it’s acquiring MTN South Africa’s mobile device insurance book, which has about 400 000 policies.
2023-03-15 14:51 +02:00
When he first entered the IT industry, Sanlam Indie CIO Giulio di Giannatale believed an MCSE certification would bring him untold riches and allow him to travel the world.
2023-03-14 12:56 +02:00
Seacom said on Thursday that its CEO, Oliver Fortuin, is stepping down after two years in the role.
2023-03-09 14:59 +02:00
The strategy is to build Massmart into a force able to see off its brick and mortar rivals and then win a looming battle against Amazon.
2022-10-21 16:46 +02:00JSE:SLM JSE:SHP JSE:N91 JSE:AVI JSE:NY1 JSE:SPG JSE:MSM JSE:MPT JSE:ISA
Short-term insurer Santam has acquired the remaining 49% stake it doesn’t already own in JaSure for an undisclosed sum.
2022-06-07 11:15 +02:00
Where did you get my telephone number? Seldom has such a simple question elicited such a frantic response.
2021-10-21 17:43 +02:00
Rain has enjoyed a surge in demand for wireless broadband in the past year thanks to the lockdown and work-from-home measures. It now plans to bid for more spectrum.
2021-09-14 14:00 +02:00
The five-and-a-half-hour outage on the JSE that prevented traders buying and selling stocks until well into the afternoon on Wednesday was not a good signal for a bourse that touts itself as Africa’s finest.
2021-08-19 16:58 +02:00JSE:PRX JSE:NPN JSE:SLM JSE:N91 JSE:NY1 JSE:JSE JSE:MPT JSE:ISA
MTN Group and Sanlam are joining forces to offer insurance products to the telecommunications operator’s hefty subscriber base on the continent, where relatively few have cover.
2021-08-12 11:14 +02:00
JSE-listed IT services group EOH Holdings plans a secondary listing on A2X Markets, with its shares to available to trade from Friday, 13 August.
2021-08-05 11:30 +02:00JSE:PRX JSE:NPN JSE:SOL JSE:SLM JSE:APN JSE:MRP JSE:MTM JSE:AVI JSE:JSE JSE:FBR JSE:EOH JSE:ISA
Prosus said its e-commerce business grew revenues and shrank trading losses for the year that ended 31 March, even as its overall profit continued to be dominated by its investment in Chinese technology giant Tencent.
2021-06-21 12:05 +02:00
MetroFibre, the fibre telecommunications company that recently concluded a R2.5-billion debt funding round, is buying Link Africa’s fibre-to-the-home network in Gauteng and KwaZulu-Natal.
2021-04-19 12:23 +02:00
Shares of Tencent Holdings dropped in Hong Kong after Naspers unit Prosus priced its placement of the Chinese Internet giant’s stock at the top end of a marketed range, raising $14.7-billion.
2021-04-08 07:09 +02:00
South African fibre telecommunications infrastructure company MetroFibre Networx has raised R2.5-billion in new debt financing, led by Investec, adding to the R1.5-billion recently raised from shareholders.
2021-03-23 15:30 +02:00
ICT industry veteran Oliver Fortuin will take over from Byron Clatterbuck as CEO of Seacom with effect from January 2021.
2020-12-10 10:01 +02:00
South African fibre broadband provider MetroFibre Networx has raised R1.5-billion in a new funding round led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers.
2020-11-17 08:17 +02:00
South African banks face the steepest earnings slump in half a century – with some posting losses – as measures to curb the coronavirus drag the economy deeper into recession.
2020-06-08 08:47 +02:00
MTN Group CEO Rob Shuter was paid out a sign-on bonus of just R17.8-million in March. This is a sizeable figure but it’s less than half of the value indicated in March 2017, at the time he was awarded the bonus.
2020-05-13 09:13 +02:00
When it comes to data, MTN has a problem. While it is selling more of it, it is also under pressure to slash the cost of providing access to the Internet. A solution may lay in financial services.
2019-07-22 19:05 +02:00
Vodacom Group has updated its profit outlook on the back of the acquisition of East Africa’s largest mobile phone company that’s helping it push into financial services.
2019-05-13 09:16 +02:00
Fibre infrastructure provider Metrofibre Networx has received an equity investment from Stoa Infra & Energy. Stoa has acquired 23.1% of the South African open-access fibre network operator.
2019-03-18 16:19 +02:00
South African fashion and food retailer Woolworths will buy a 93.45% stake in pet care retailer Absolute Pets from Sanlam Private Equity and Absolute`s management, it said on Tuesday, stepping up a turf war for the country`s affluent shoppers.
2023-10-31South Africa and the governments of the Netherlands and Denmark on Tuesday launched a $1 billion green hydrogen fund to help kick-start an industry seen as critical to the country`s decarbonisation efforts.
2023-06-20
South African insurer Sanlam said on Thursday its full-year profit rose 3% as the benefits from lower claims in its life insurance business were offset by a weaker general insurance performance.
2023-03-09
South Africa`s ruling party is being forced to confront a problem that has bedevilled the country since apartheid ended 28 years ago: how to reduce record gross inequality and poverty that hurts the Black majority more than the white minority.
2022-03-14
* Ruling ANC party, facing protests, has tough choice on welfare
2022-03-14A consortium led by South African investment company Brait Plc has revived plans to exit glass bottle maker Consol Glass, two sources said, possibly via an initial public offering (IPO) three years after a previous failed attempt.
2021-09-17
* CEO says no change to 2021 output, cost guidance (Adds conference call, analyst comment)
2021-08-19
* Stocks defy global rally, dragged lower by property, retail (Updates prices, adds detail, background)
2021-07-13
South Africa`s rand steadied against the dollar in afternoon trade on Wednesday, with market attention pinned on the release of minutes from the U.S. Federal Reserve later in the day.
2021-07-07JSE:AGL JSE:AMS JSE:SSW JSE:SLM JSE:NPH JSE:AVI JSE:JSE JSE:HUG
The South African rand rallied to its highest in more than two years against the dollar on Wednesday, as investors cheered the latest evidence of a sustained rebound in global economies and as U.S. Treasury yields pulled back.
2021-06-02South Africa`s Sanlam reported a 24% rise in annual profit on Thursday and declared a dividend, as the insurer benefited from the absence of hefty one-time charges that marred its results last year.
2021-03-11
* New CEO Paul Hanratty took over in July (Recasts with strategy)
2020-09-10
South Africa`s largest insurer Sanlam announced new faces to its top three jobs on Tuesday, naming non-executive director Paul Hanratty as new CEO from July to succeed Ian Kirk who said earlier this month he would step down.
2020-03-31
South Africa`s biggest insurer Sanlam said on Thursday its annual profit fell 19%, coming in the middle of a range it flagged last week, as it recorded a number of one-time charges.
2020-03-12
South African insurance company Sanlam on Wednesday flagged lower headline earnings for the 10 months ending Oct. 31, weighed down by a once-off accounting cost.
2019-12-04
South Africa`s rand firmed against the dollar on Friday, as signs of a thaw in U.S.-China trade tensions and monetary easing in the euro zone and Turkey buoyed developing world currencies.
2019-09-13
* Newly acquired Moroccan unit bolsters growth (Recasts with CEO interview)
2019-09-05
South Africa`s rand firmed on Tuesday as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency, which in turn supported developing world currencies.
2019-06-25
* Mobilie service rev boosted by 85.9% rise in active subscribers
2019-05-27
* Equities retreat as tariffs threaten emerging markets (Adds latest data, trader comment, stocks)
2019-05-06
* Sanlam says headline earnings down 10 pct in first 10 months
2018-12-05Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next year in a rare challenge to the old guard.
2018-12-04JSE:FSR JSE:SBK JSE:CPI JSE:SLM JSE:ABG JSE:NED JSE:DSY JSE:AVI JSE:SPG
* Share price up more than 3 percent (Adds analyst comment, shares, details)
2018-10-31South Africa predicted wider budget deficits and cut growth forecasts in a bleak budget on Wednesday that focused spending on infrastructure, manufacturing and agriculture to boost the recession-bound economy.
2018-10-24
* Rand, government bonds fall (Mboweni expects rand, bonds to recover)
2018-10-24
