After a devastating economic blow, dealt by the Covid-19 pandemic, South Africa is regaining GDP and clawing back fiscal position in the toughest conditions of a lifetime. In 2020’s second quarter, GDP sat at a total of R947 billion, falling from R1.147 billion in the...
Profiles
MIANZO: Shot in the Arm for Black SMEs
With five out of seven failing within their first year, and 100% Black-owned businesses notable victims, South Africa has one of the world’s highest SME failure rates. The consequences are stark. With their higher capacity to absorb labour, and a lower average capital...
NFB FINANCIAL SERVICES: Steadfast in Quest to Turn Knowledge Into Wealth
NFB’s financial advisors are, to a man and woman, industry-leading experts placed to offer independent financial advice, products and services to high worth individuals, trusts, businesses, and institutions. “We have a history of bringing shared wealth opportunities...
GAIA: Catalysing the African Infrastructure Investment Landscape
Established in 2012 as a specialist asset manager, Gaia focuses exclusively on facilitating the investment of long-term investor capital in infrastructure and agriculture investments in Southern Africa. “We pride ourselves on our unique engineering, project...
STANDARD BANK: The Best Bank in Africa, Officially
“We are a proudly African, integrated financial services group with compelling competitive advantages,” SBG explains, “providing banking, insurance, investment as well as non-financial complementary solutions that drive the financial wellbeing of our clients at every...
OUTSURANCE: Out-of-this-World Service When You Need It Most
Today comprising some 5000 employees and South Africa’s third-largest insurance group, OUTsurance was launched in 1998 as a wholly-owned subsidiary of Rand Merchant Investment Holdings (RMI Holdings), a South African based financial services investment holding...
AVBOB: Incomparable Care and Compassion in Times of Covid and Beyond
Established in Bloemfontein in 1918, AVBOB has grown over a century into Africa’s largest Mutual Assurance Society, with around 7000 staff providing a one-stop shop for funeral insurance and funeral service. Partly due to its relative affordability, funeral cover has...
VODACOM: Super App Set to Disrupt South African E-Commerce
Vodacom, the South African telco group majority owned by one of the world’s largest communications companies by revenue in Vodafone, is a leading and purpose-led African connectivity, digital and financial services company. Roots in South Africa have propelled the...
GRAYSWAN INVESTMENTS: Gray Swans and Blue Waters
Far away places for far-sighted funds? Offshore assets have always been part of the investment armoury of the super-wealthy. But now South Africa is seeing a boom in middle-class investors looking to move money offshore for wealth diversification and a more secure...