Social media stats on Budget Speech 2016

The Budget Speech 2016 had social media abuzz with 43,680 conversations taking place. Opinions fluctuated during the build up to the speech, but on the day 18% of the conversation was positive, 21% was negative, and the bulk was neutral just sharing the information. Overall positivity towards the...

25 Feb 2016

The Insurance Apprentice 2016 released

The first episode of The Insurance Apprentice 2016 has been released. Viewers can expect a seven part series that will investigate the world of the apprentices and follow them on their journey to be crowned The Insurance Apprentice 2016. Expect a glimpse of the day-to-day workings of the apprentices...

24 Feb 2016

MiWayLife supports Working Mothers Expo

The first Working Mothers Expo is to be held at the Sandton ICC on 4-5 November 2016, and MiWayLife will be the main sponsor. MiWayLife is a division of Sanlam Life Insurance Ltd and has identified working mothers as a market segment that has been neglected by the industry. Working women play a...

22 Feb 2016

Nedbank Private Wealth wins at 2016 Euromoney Awards

Nedbank Private Wealth was awarded for its wealth management services at the 13th annual Euromoney Private Banking and Wealth Management Survey 2016. The financial services provider won in the following categories: • Philanthropic Advice (Africa and South Africa). • SRI/Social Impact...

17 Feb 2016

MasterCard wins at 2016 Paybefore Pay Awards

MasterCard won a Prepaid: Consumer Champion - Global award and a Prepaid: Best Government Benefits Delivery award at the 10th annual Paybefore Pay Awards for its Bidvest Bank Multi-Currency World Currency Card and the South African VAT Refund Administrator (VRA) Programme. The Bidvest Bank...

17 Feb 2016

M4JAM and Pick n Pay introduce instant cash outs

Microjobbing platform, M4JAM and Pick n Pay have ensured that M4JAM jobbers will be able to cash out their earnings more easily. Previously, jobbers wishing to cash out were required to pay a fee of R4, however, Pick n Pay will now be offering jobbers the option of only having to pay R2.50....

16 Feb 2016

Investec Bank wins Best Distributor in Africa award

Investec Bank's Structured Products division has won the Best Distributor in Africa award at the 2016 Europe Structured Products & Derivatives conference held in London recently. The accolade marks the rise of alternative investments as South African investors seek innovative means of gaining...

15 Feb 2016

Sage redefines accounting with Sage Live for iOS

Sage has launched a version of Sage Live which is available on iOS. As a new Apple mobility partner, this is the first of a series of solutions that Apple and Sage are collaborating together on for small businesses. The new Sage Live for iPad, iPhone and Apple Watch will deliver important advances...

11 Feb 2016

Jumia and AXA partner to provide mobile insurance products in Africa

Africa Internet Group, an African e-commerce group, and AXA, an insurance and asset management company, announced a partnership where AXA will become the exclusive provider of insurance products and services through Jumia and other AIG online and mobile platforms in Africa. AXA's African...

9 Feb 2016

Mahindra Comviva and EcoCash's joint win

Mobility solutions company, Mahindra Comviva along with Zimbabwean mobile money service provider, EcoCash Savings Club, won in the Best Mobile Innovation category at the sixth edition of the Kalahari Awards 2016. EcoCash Savings Club, powered by Mahindra Comviva's mobiquity Money platform is a...

5 Feb 2016

Launch of BayHill Capital

The Peregrine Holdings Group has introduced new investment firm, BayHill Capital. Stemming out of the private client division of Cannon Asset Managers the private client share portfolio business can customise the shares it purchases on a client-by-client basis. BayHill has created the Co-Pilot...

5 Feb 2016

Allianz ranked in world's Top 50 brands

Financial services company, Allianz, has been listed in the Top 50 of the Brand Finance Global 500 ranking for a third consecutive year. Currently listed as number 43, Allianz is the only insurance brand to be ranked in the Top 50 of the world's strongest brands.

2 Feb 2016

SweepSouth secures R10m in new funding

SweepSouth, a South African on-demand home cleaning service has secured R10 million cash injection from top SA companies. Funding comes from the Vumela Fund, capitalised by the First Rand Group, and Vinny Lingham and Llew Claasen's firm, Newtown Partners. The job creation opportunities which the...

26 Jan 2016

National Arts Council receives clean audit

The National Arts Council (NAC) was recognised on Friday, 7 August by the Auditor-General South Africa, Thembekile Kimi Makwetu, for receiving a clean audit for the 2014/2015 financial period. This is the first clean audit the entity has received under the current Council, which has been in place...

26 Aug 2015

Apple Pay to launch in Britain

SAN FRANCISCO: Apple has announced it will launch its tap-to-pay mobile payments system in Britain next month, allowing iPhones to be used to pay at 250,000 locations including London's transit system. "We are now excited to announce we are bringing Apple Pay to the UK, and it is coming next...

10 Jun 2015

Thulani Gcabashe replaces Fred Phaswana as Standard Bank chairman

Thulani Sikhulu Gcabashe has been appointed the new chairman of the board of the Standard Bank group (SBK) and of Standard Bank SA. The appointment is effective from end May. He will replace Fred Phaswana, 70, who will retire at end May. Source: BDpro

7 May 2015

Mutual & Federal partners One Financial Services
Mutual & Federal partners One Financial Services

Mutual & Federal Insurance and the short-term niche underwriter, One Financial Services Holdings (ONE), have signed a partnership agreement which will come into affect on 1 May 2015. The R1bn gross written premium deal was signed on 12 March 2015 by Andrew Harvey, group CEO of ONE and Karen Miller,...

16 Mar 2015

Eskom has issued a load-shedding alert

Eskom has announced South Africans could be in for another bout of load shedding. It made the announcement this morning.

6 Mar 2015

Centriq appoints FirstProp as underwriter
Centriq appoints FirstProp as underwriter

First Property Acceptances (FPA) has been appointed as an underwriting management agency (UMA) for Centriq Insurance. "Changes to the regulatory environment have placed intense pressure on UMAs to re-evaluate long-standing business practices. Therefore, we welcome the opportunity to re-establish our...

5 Feb 2015

Zurich SA partners Auto Trade Underwriting Managers
Zurich SA partners Auto Trade Underwriting Managers

Short-term insurance company Zurich South Africa has formed a strategic partnership with Auto Trade Underwriting Managers. "This transaction is an exciting opportunity for Zurich. Auto Trade has a wealth of knowledge and experience in the sector. The partnership is expected to present exciting...

4 Feb 2015

SA excels at helping poor

South Africa leads in using taxes and transfer payments to help the extremely poor, a World Bank report shows. "No other country of the 12 in the survey used its fiscal policy as effectively to reduce poverty," World Bank economist Catriona Purfield told The Times. The other countries surveyed...

5 Nov 2014

Head of Nedbank Corporate Property Finance retires
Head of Nedbank Corporate Property Finance retires

Frank Berkeley, managing executive of Nedbank Corporate Property Finance, has his early retirement effective 31 August 2014. Berkeley has been at the helm since 2004. Says Mfundo Nkuhlu, managing executive of Nedbank Corporate, "I would like to express my gratitude to Frank for his outstanding...

10 Aug 2014

StratLink Africa release market update report
StratLink Africa release market update report

StratLink Africa, a market research and consultancy firm based in Nairobi, Kenya have released a market update report on the following countries: Kenya, Uganda, Tanzania, Ethiopia, Nigeria and Ghana. Download Africa Market Update June 2014 [pdf]....

12 Jun 2014

Finance Ministry warns of fake Twitter account

The Ministry of Finance on Monday warned the public that a Twitter account, set up in the name of newly appointed Finance Minister Nhlanhla Nene, is a counterfeit. "The Twitter account with the handle @NhlanhlaNeneZA is counterfeit," said the ministry. Minister of Finance Nene does not have an...

26 May 2014

2014 Sikuvile Journalism Awards entry deadline extended

The Print and Digital Media South Africa (PDMSA) has announced that the 2014 Standard Bank Sikuvile Journalism Awards entry submission deadline has been extended to Friday, 21 February 2014. For competition details and to access the press kit, visit or contact Malesedi on...

18 Feb 2014

Treasury to tax digital products

The Treasury has published its new electronic services regulations in which it sets out those digital products and services that will be subject to 14% VAT. The new regulations take effect in April. Read more here....

4 Feb 2014

Absa the leading retail bank in survey
Absa the leading retail bank in survey

Absa has been voted the leading retail bank in the 2012 TGI Icon Brands survey, while Absa idirect was voted the leading short-term insurer. The TGI Icon Brands survey is a special measure of how consumers feel about brands in South Africa and looks for quintessential brands that fly the South...

25 Jul 2012

LG warns: Beware hoax SMS, e-mails
LG warns: Beware hoax SMS, e-mails

Hoax emails and SMS are again circulating in the name of LG Electronics and the company advises all consumers to disregard this official looking communications falsely claiming that the recipient of the SMS or e-mail has won a sum of money from LGESA. The company cautions all recipients against...

10 Nov 2010

New agencies for Bank SETA

The Banking Sector Education and Training Authority has appointed Indigo Marketing, a B2B agency specialising in brand strategy, marketing, design and event marketing agency and HMC Seswa Corporate Communications, a PR consultancy to manage its marketing and communications....

29 Oct 2010

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