In the news today: A record fuel price cut is expected in December, AI-powered insurance app Lemonade is set to expand into Europe, and King Price launches warranty cover for car parts

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Record fuel price cut coming in December

Motorists can expect a R1.85 reduction per litre in the price of petrol, with diesel coming down by R1.40. The move is expected to ease inflation.  READ MORE

Lemonade to expand into the European market

The AI-powered insurance app is set to disrupt the European insurance market with its competitively priced products for homeowners and renters.  READ MORE

King Prices launches warranty cover for car parts

King Price has launched warranty cover that pays for car part repairs or replacements, even if the applicant’s motor vehicle is not insured.  READ MORE

Celebrating excellence at the IIG’s 77th annual dinner

The Insurance Institute of Gauteng (IIG) held its 77th annual dinner at the Sandton Convention Centre last night, with outgoing president Daniel Stevens providing a review of the year and highlighting the IIG’s many achievements.  READ MORE

Fulcrum Group has no connection to Steinhoff

The business confidence index, compiled by Rand Merchant Bank and the Bureau for Economic Research at Stellenbosch University, shows that business confidence dropped from 34 to 31 in the final quarter of 2018.  READ MORE