* Sanlam looking to expand further across Africa* Ups stake in Moroccan insurer to 84.5%* Transaction costs $137 mln, funded by debt* Sellers agree to purchase Sanlam shares with 50% of...
JOHANNESBURG, May 3 (Reuters) - South Africa's largest insurer Sanlam SLMJ.J said on Monday it will acquire an additional 22.8% stake in Moroccan insurance company SAHAM Assurance Maroc...
May 3 (Reuters) - Sanlam Ltd SLMJ.J :* JSE: SLM - SNT - SANLAM LIMITED/SANTAM LIMITED - PROPOSED ACQUISITION OF AN ADDITIONAL 22.8% INTEREST IN SAHAM ASSURANCE S.A.* SANLAM - PROPOSED...
Nerve-wracking time for Tongaat, banking issues at Ayo, another pot of gold for African Rainbow and a ‘revolt’ at Glencore.
JOHANNESBURG, March 15 (Reuters) - The following company announcements, equity and currency market moves may affect South African markets on Monday. COMPANIES {{erl-41398||Absa ABGJ.J...
Management expects another tough year, but says it is in better shape.
Gary Booysen of Rand Swiss compares long- and short-term players in the local insurance sector.
‘They're changing the way the distribution model works.... I think this is something that can release significant profits for the business' – Gary Booysen of Rand Swiss.
'We estimate our excess claims for the full 2021 year are likely to be two to three times the level of excess claims for the 2020 year,' Hanratty said
* Profit rise in middle of forecast range* Mainly thanks to absence of one-off charges incurred in 2019* Declares 300 cents per share dividend* Says COVID-19 had over 2 billion rand impact...
The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENTS The South African Reserve Bank...
March 11 (Reuters) - Sanlam Ltd SLMJ.J :* JSE: SLM - SANLAM LIMITED AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020* SANLAM - FY NET RESULT FROM FINANCIAL SERVICES DECREASED BY...
JOHANNESBURG, March 11 (Reuters) - South Africa's Sanlam SLMJ.J reported a 24% rise in full-year profit on Thursday, in the middle of its forecast range of 19-29%, mainly thanks to the...
JOHANNESBURG, March 4 (Reuters) - South African insurer Sanlam Ltd SLMJ.J said on Thursday its profit for the year ended Dec. 31 could rise by up to 29% as some accounting changes that...
March 4 (Reuters) - Sanlam Ltd SLMJ.J :* JSE: SLM - TRADING STATEMENT - 2020 ANNUAL RESULTS* SANLAM - SEES FY DILUTED HEPS BETWEEN 425.9 TO 461.7 CENTS* SANLAM - CORE OPERATIONS REMAINED...
Sanlam Private Equity has acquired a majority stake in the Cavalier Group of Companies for an undisclosed amount.
Many South Africans hold long-term savings in standard, taxable accounts – either because they are oblivious of these new tax-free products or because they are not aware exactly how much tax...
Dec 18 (Reuters) - Sanlam Ltd SLMJ.J :* JSE: SLM - PROPOSED ACQUISITION OF A 25.0% NON-CONTROLLING MINORITY SHAREHOLDING IN A WHOLLY-OWNED SUBSIDIARY OF ARCFS* SANLAM - BASE VALUATION OF...
JOHANNESBURG, Dec 18 (Reuters) - South Africa's biggest insurer Sanlam SLMJ.J said on Friday it would take a minority stake, worth $51 million, in a new subsidiary being set up by...
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday. ECONOMIC EVENTS - Q3...
Dec 9 (Reuters) - Sanlam Ltd SLMJ.J :* JSE: SLM - OPERATIONAL UPDATE - OCTOBER 2020* SANLAM - 10 MONTHS ENDING 31 OCTOBER 2020 NET VALUE OF NEW COVERED BUSINESS (VNB) OF R1 350 MILLION, DOWN...
(Corrects to say EBIT margin currently 5.8% not 16.1% in paragraph 15)* Distell boss wants to build "African drinks champion"* Some shareholders lost patience after years of heavy...
Dec 9 (Reuters) - South Africa's biggest insurer, Sanlam SLMJ.J , said on Wednesday it expects the operating environment to remain challenging for the rest of 2020 and into 2021, as it...
* Distell boss wants to build "African drinks champion"* Some shareholders lost patience after years of heavy spending* CEO says better returns are coming, African footprint trebled*...
(The following statement was released by the rating agency) Fitch Ratings-London-02 December 2020: The recent South African High Court judgement in favour of contingent business interruption...
Oct 12 (Reuters) - Sanlam Ltd SLMJ.J :* SANLAM - ABIGAIL MUKHUBA HAS BEEN APPOINTED AS AN EXECUTIVE DIRECTOR TO BOARDS OF SANLAM LIMITED
Share with your network! Property investment of almost R14 billion underpins the Cape Town CBD’s resilience in the face of the devastating health and economic effects of the Covid-19...
(The following statement was released by the rating agency) Fitch Ratings-London-02 October 2020: Fitch Ratings has affirmed Sanlam (JO:SLMJ) Life Insurance Limited's (Sanlam Life), Sanlam...
* Headline earnings per share up 10% to 188.5 cents* H1 net operational profit down 39%* New CEO Paul Hanratty took over in July (Recasts with strategy)JOHANNESBURG, Sept 10 (Reuters) -...
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday. ECONOMIC EVENTS - South...
JOHANNESBURG, Sept 10 (Reuters) - South Africa's biggest insurer Sanlam SLMJ.J said on Thursday its half-year profit rose by 10%, mainly due to the absence of a one-off charge it incurred...
Sept 10 (Reuters) - Sanlam Ltd SLMJ.J :* SANLAM - NO INTERIM DIVIDEND DECLARED IN LINE WITH GROUP POLICY* SANLAM - HY NET FUND INFLOWS OF R33 BILLION COMPARED TO R23 BILLION IN 2019* SANLAM...
Aug 20 (Reuters) - Sanlam Ltd SLMJ.J :* SANLAM - JURIE STRYDOM, CURRENTLY CEO OF SANLAM PERSONAL FINANCE, HAS BEEN APPOINTED CEO OF NEWLY ESTABLISHED LIFE AND SAVINGS CLUSTER* SANLAM - WIKUS...
JOHANNESBURG, Aug 20 (Reuters) - South African billionaire Patrice Motsepe's financial services firm and Sanlam SLMJ.J have signed a deal that will create one of the largest Black-empowered...
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