In the news today: #WhyMustNeneFall?


Another chess move by  Zuma?

The shock decision by Zuma to fire Minister of Finance, Nhlanhla Nene, and replace him with relatively unknown David van Rooyen, has caused the rand to plummet to further depths, breaking the R15/$ barrier. It is still unclear as to why Nene was suddenly removed from his position.   READ MORE

Who is Van Rooyen?

“I know nothing about the new man,” George Herman, head of South African investments at Cape Town-based Citadel Investment Services, told Moneyweb. “I’ve never heard of him or dealt with him before. The markets are not going to like this.”   READ MORE

Troll insurance against internet bullies 

Chubb Insurance UK is offering insurance to cover cyber-bullying, which would provide up to £50 000 to cover counselling, lost income, and help from online experts for victims of cyber-bullying.  READ MORE

Accenture now employs Microsoft Azure as technology infrastructure

Accenture is now offering the Accenture Life Insurance and Annuity Platform (ALIP) as a cloud deployment through Microsoft Azure. READ MORE

Swiss Re sees ‘agile capital’ as an answer to re/insurance pressures

Swiss Re has unveiled its new four-pillar strategic framework, which the reinsurance firm says builds on the successful strategy it has implemented in recent years.  READ MORE