Sanlam News

Sim Tshabalala, CEO, Standard Bank Group

Africa's Biggest Bank Names Tshabalala as First Sole Black CEO

Standard Bank is now only South African lender with black CEO. Kruger will remain an executive director of the bank.

This South African bank's stock price has jumped 50,000% since 2002

This South African bank's stock price has jumped 50,000% since 2002 (Infographics)

Nothing, outside a financial-market collapse on the scale of the Great Recession, can faze Capitec Bank Holdings Ltd.

Keli Gadzekpo, CEO, Enterprise Group Limited (Center, standing). On March 13th, 2017, Enterprise Group opened an ultra-modern service center in Kumasi.

LeapFrog announces $180 million investment in Ghana's Enterprise Group

LeapFrog Investments, the profit-with-purpose investor in emerging markets, announced on Friday a total investment of USD 180m in Ghanaian financial services market leader, Enterprise Group Limited (EGL).

Two Rivers Development, Nairobi, Kenya

Listed Real Estate in Eastern Africa and Beyond: What Next?

East African property markets have demonstrated desirable levels of resilience over the past few years.

Cape Town, South Africa. Photograph: Eric Nathan/Alamy

A New Map for Business in Africa

Only a few years ago, Africa was being dubbed “the next Asia,” and multinationals watched with mounting interest as local economies boomed across the continent.

South African mining billionaire Patrice Motsepe, Founder and Executive Chairman of African Rainbow Minerals

South African billionaire Patrice Motsepe launches private equity firm

South African billionaire Patrice Motsepe has launched a new financial services investment company.

South Africa's largest REIT Growthpoint joins forces with Investec and IFC to invest in African real estate

South Africa's largest REIT Growthpoint joins forces with Investec and IFC to invest in African real estate

Growthpoint Properties, South Africa’s largest REIT and a JSE ALSI Top 40 Index company, has entered a joint venture with Investec Asset Management, in partnership with the International Finance Corporation (IFC), to make real estate investments in several African markets outside of South Africa.

Heinie Werth, CEO, Sanlam Emerging Markets

South Africa's largest insurer Sanlam in talks about acquisition in Angola

Sanlam has started talks about a potential acquisition in Angola, the company’s senior official told Reuters this week, as South Africa’s largest insurer look for new streams of income to offset slowing growth at home.

South African mining billionaire Patrice Motsepe, Founder and Executive Chairman of African Rainbow Minerals

Billionaire Patrice Motsepe and insurance company Sanlam partner to launch $500M private equity fund

Insurance company Sanlam and mining boss Patrice Motsepe’s company Ubuntu-Botho will invest in various industries including mining and financial services.

Ian Kirk, incoming CEO of Sanlam

South Africa's largest insurer Sanlam names insider Ian Kirk as CEO

South Africa’s biggest insurer Sanlam on Thursday named company insider Ian Kirk as its next chief executive, replacing Johan van Zyl after 12 years at helm.

Johan van Zyl, CEO, Sanlam

South Africa's biggest insurer Sanlam working on $170M of acquisitions in the rest of Africa and other emerging markets

South Africa’s biggest insurer by value Sanlam Ltd (SLMJ.J) is working on acquisitions worth over 2 billion rand ($170 million) in the rest of Africa and other emerging markets, its chief executive said on Thursday.

Old Mutual Offices in Sandton, Johannesburg, South Africa

2014 has witnessed a spate of major insurance deals in sub-Saharan Africa

Following are some purchases or expansion plans by South African and European insurers in sub-Saharan Africa announced in the past three months.

Swiss Re Tower, London, UK: Swiss Re is one of many global insurance companies buying insurers in Africa.

As incomes in Africa rise, African insurers are in vogue and global insurers are buying in

A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and strong competition at home.