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Finance & Insurance

Weekly top stories
Winners of African Banker of the Year Awards announced
Groupe Banque Populaire has been named African Bank of the Year, while Ghana's Albert Essien, CEO of Ecobank, won the award for African Banker of the Year... read more>>

Africa is less risky than you think - Gordon Brown

Carol Paton

The risks of investing in infrastructure in Africa are far less than imagined and can be mitigated, Gordon Brown, chair of the World Economic Forum Global Strategic Infrastructure Initiative told delegates...

Read more >>



Keeping Africa's star on the rise

Nicci Botha

The continent is at a crossroads, and if the current "Africa Rising" narrative is to sustain itself, critical choices have to be made in order to continue its economic growth, according to the EY Africa Attractiveness Survey...

Read more >>



Innovation is the name of the game

Robert Boccia

The future success of the insurance industry - and, in fact, all industries - will be driven by innovation. So much so, that we need to conceive of the chief information officer as the chief innovation officer...

Read more >>





Finance
New 'Cape to Cairo' free trade pact hailed as Africa milestone
The launch of a free trade agreement by three African economic blocs in Egypt this week will be an important step towards a potentially game-changing common market spanning the continent, supporters say... read more>>
The renaissance in understanding Africa's economic past

Johan Fourie

For too long, Henry Morton Stanley's reference to Africa as the Dark Continent held sway. Not only was the African interior terra incognito, but so too was its past... read more>>
Finance minister tables Eskom bills
Finance Minister Nhlanhla Nene has tabled the Eskom Special Appropriation Bill and the Amendment Bill in Parliament on Wednesday, 3 June... read more>>
Business rescue offers attractive investment opportunities

Daniel Terblanche

Entrepreneurs should be pleased to know there is a way for them to securely invest their funds with a return that could not be secured through 'normal loans'... read more>>
Actuarial & Insurance
The development of driverless cars poses insurance industry questions
The development and implementation of driverless cars is becoming more prominent on news channels, indicating that what we perceive as futuristic concepts are closer than we think to become part of our daily lives... read more>>
Short-term Insurance Annual Report 2014 released

Issued by OUTsurance

The Ombudsman for Short-Term Insurance, an independent body to which clients can complain if they believe they have been treated unfairly by a short-term insurer, has released his report for the 2014 calendar year... read more>>
Underwriting conditions remain challenging says Santam
Santam (SNT) achieved "acceptable" underwriting results and premium growth in a tough general economic climate, the short-term insurer said in an operational update for the four month period ended 30 April... read more>>
Accounting & Auditing
CRM software CEO wins inaugural FNB Business Innovation Award
Bruce Morgan, CEO of GreatSoft CRM, is the overall winner of the inaugural FNB Business Innovation Award 2015... read more>>
Banking
SABRIC warns consumers of phishing scams
The South African Banking Risk Information Centre (SABRIC) has warned consumers against criminals who use online facilities to steal money... read more>>
Financial Services
Banks need to develop and market more SME-friendly offerings
Although funding is one of the most important services required by small and medium enterprises (SMEs), this sector seldom obtains financing from the banking industry... read more>>
Van Zyl to stay on at Sanlam until year-end
Sanlam CEO Dr Johan van Zyl will remain employed by Sanlam until the end of the year, but will officially retire with effect from June 30, the company announced on Thursday, 4 June... read more>>
Markets & Investment
Increase in boiler room scammers' activities
Kevin White, head of Financial Planning at deVere United Kingdom, has warned that 'boiler room fraudsters' are going to new lengths to scam British expats living in South Africa out of their savings since the UK pension freedoms came into effect last month... read more>>
Hedge funds offer downside protection and reduced volatility
Since April 2015, hedge funds in South Africa were classed as collective investment schemes in terms of the Collective Investment Schemes Control Act... read more>>
Over-regulation tops business' concerns, survey finds
Governments must apply renewed focus to achieve fiscal balance and sustainability in order to reduce the cost of delivery... read more>>
Taxation & Regulation
SAP SA to help local municipalities and customers transition to MSCOA
SAP South Africa announced its intent to engage with its ecosystem and local government with a view to assisting local government municipalities to simplify its functions and new regulatory processes... read more>>
Industry gets clarity on tax benefits of clinical trials
Regulations published by the Treasury on criteria for clinical trials give international pharmaceutical companies and local clinical research organisations greater clarity on claims for tax deductions they submitted more than two years ago... read more>>
Africa
MasterCard becomes first international payment network to enter Somalia
As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country which hasn't had any form of formal banking service since the collapse of the government... read more>>
Innovative tax return system expands to Namibia with PwC
Having integrated with SARS eFiling in 2014, TaxTim is now expanding beyond South Africa to assist Africans further up the continent with its tax technology... read more>>
Multinational companies cheat Africa out of billions of dollars
Africa was cheated out of US$11bn in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, 'Africa: Rising for the few.' read more>>
More Africa
Government news
Hawks not investigating FIFA allegations
The Hawks have not opened any formal investigation regarding the FIFA allegations that South African Football Association paid a $10m bribe to host the 2010 FIFA World Cup... read more>>
More Government news
Jobs offered
Statistician - Johannesburg
Online market research agency Columinate is looking for a dynamic statistician in Johannesburg. Apply now if you have what it takes! Read more >>

Accountant - Johannesburg
Read more >>



New events to diarise
M&A: Increasing your revenue
Xigo - 26 Jun 2015, Johannesburg

Insurance Claims Conference 2015
Trade Conferences International - 22 Jul 2015 to 23 Jul 2015, Johannesburg

Biometrics in Financial Services Conference 2015
Trade Conferences International - 29 Jul 2015 to 30 Jul 2015, Johannesburg

Vendor Management and Outsourcing Conference 2015
Trade Conferences International - 5 Aug 2015 to 6 Aug 2015, Johannesburg

Robert Kaplan in SA
Business Results Group - 17 Sep 2015, Johannesburg

Insurance Data and Analytics Conference 2015
Trade Conferences International - 21 Oct 2015 to 22 Oct 2015, Cape Town

Upcoming events
5th Annual Mobile Financial Services Conference 15
Trade Conferences International - 10 Jun 2015 to 11 Jun 2015, Johannesburg

SME Growth Champions
AdClick Africa - 10 Jun 2015, Pretoria

Annual Business Continuity Management Conference
Bizstrat - 10 Jun 2015 to 12 Jun 2015, Johannesburg

Reputation Risk Management Masterclass
The Reputation Go-to Guy - 11 Jun 2015 to 12 Jun 2015, Johannesburg

Reputation risk management master class
The Reputation Go-to Guy - 11 Jun 2015 to 12 Jun 2015, Johannesburg

Advanced income capitalisation valuations
Continuing Education at the University of Pretoria - 12 Jun 2015, Pretoria

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