In the news today: The Reserve Bank keeps interest rates unchanged, ASISA members united R8.1 billion in unclaimed assets with their legal owners in 2018, and e-commerce is set to drive job creation in Africa

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Old Mutual suspends CEO Peter Moyo

Old Mutual has suspended its CEO, Peter Moyo, for a “material breakdown in trust and confidence between him and the board”.  READ MORE

Reserve Bank keeps interest rates unchanged

The Reserve Bank’s monetary policy committee (MCP) has kept interest rates unchanged at 6.75%.  READ MORE

ASISA members unite R8.1 billion in unclaimed assets with legal owners

Members of the Association for Savings and Investment South Africa (ASISA) united policyholders, beneficiaries, investors and heirs with unclaimed assets worth R8.1 billion in 2018.  READ MORE

E-commerce to drive job creation in Africa

Ahead of Africa Day on 25 May, the Boston Consulting Group says that online marketplaces can create as many as three million jobs in Africa over the next six years.  READ MORE

FSCA published draft conduct standard for pension fund board members

The Financial Sector Conduct Authority (FSCA) has published a draft conduct standard for determining the minimum skills and training requirements for board members of pension funds.  READ MORE

Board of Healthcare Funders annual conference to focus on healthcare 2030

The Board of Healthcare Funders’ annual conference – its 20th – will explore a future-focused approach to healthcare and will take place from 21-24 July.  READ MORE

FPI appoints new CEO

The Financial Planning Institute has appointed Lelané Bezuidenhout as its new CEO with effect from 1 June 2019.  READ MORE