Monday, May 20, 2019

Vunani acquires majority shareholding in Metropolitan Life Swaziland

In a transaction between MMI Holdings Limited and Vunani Limited, Vunani has, together with the current Metropolitan Life Swaziland management, acquired the majority stake of...

ATM cashout cyber-attacks hitting African banks

Foregenix has warned that a rise in ATM cashout cyber-attacks can cause extensive financial and reputational harm within a matter of hours. The growth of these...

SAIA warns of extreme weather conditions

The South African Insurance Association says the SADC Climate Services Centre Bulletin highlights the possibility of extreme weather events during the first quarter of...

New vehicle sales could shrink, says WesBank

South Africa’s leading vehicle finance provider says new vehicle sales are set to decline by 1% in 2019. “With little in the way of...

Sanlam spreads its wings to North Africa, becomes Africa’s largest insurer

Sanlam has concluded its acquisition of Morocco-based SAHAM Finances. This deal, Sanlam’s biggest to date, will transform the Group into Africa’s largest financial services...