Risk Management

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October 23, 2024
Risk Agency Warns Gauteng’s Water Crisis Will Intensify Without Strategic Action
Gauteng faces a critical water crisis as Rand Water warns of potential depletion this summer. Riskonet Africa urges businesses to act now by reviewing risk exposures and insurance coverages.
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October 16, 2024
Third Party risk keeps SA organisations vulnerable
A recent webinar hosted by SIGCyber of IITPSA emphasised the importance of Third Party Risk Management (TPRM) for mitigating cyber and broader business risks. Experts highlighted that managing third-party risks, beyond just cybersecurity, is essential for protecting sensitive information, reducing reputational, legal, and financial risks, and improving overall security.
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August 19, 2024
SA’s Biggest GDP Contributor Battles Climate Change Risk
The agriculture sector is vital for economic growth. It contributes 3% to GDP, supports 941,000 jobs, and generated US$13.2 billion in export revenue in 2023 – South Africa produces 10% of the global citrus production. But climate-induced changing weather patterns threaten the outlook for certain crop yields in 2024.
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August 15, 2024
Property and Cyber Risks SMEs are Faced With
Andrew Aubin, Aon South Africa's regional GM for the coastal region, highlights the escalating challenges faced by small businesses in South Africa due to economic pressures, crime, and geopolitical uncertainties.
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Financial Planning

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October 22, 2024
Medium-term budget preview: Pinpointing five fiscal pressure points
Sanisha Packirisamy, Chief Economist at Momentum Investments Group shares five of the fiscal pressure points that she expects the medium-term budget policy statement (MTBPS), to be tabled on 30 October 2024 by Finance Minister Enoch Godongwana, to focus on.
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October 16, 2024
Tax implications of the ‘two-pot’ retirement system
Since coming into effect on 1 September, the ‘two-pot’ retirement system has seen a total gross lump sum of R21.4 billion paid out to taxpayers, thus far according to SARS. However, any savings withdrawn from retirement savings must be declared to the SARS as gross income and taxed accordingly – highlighting the importance of understanding the tax implications before deciding to withdraw from your retirement annuity, or your pension or provident fund.
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October 15, 2024
Are your finances affecting your mental health? Five ways to break the cycle
During Mental Health Awareness Month, Ross McMillan from Momentum Financial Planning emphasises that taking proactive steps to enhance our financial security is a crucial first step toward improving mental well-being and regaining a sense of control.
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October 15, 2024
Is it two pots or three? Navigating the complex two-pot retirement makeover
As the dust settles on the implementation of new retirement legislation, Linda Kleynscheldt, Head of Actuarial and Product, PSG Wealth unpacks why having a quality financial adviser will help retirement savers make the most of what is a complex set of new rules.
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October 22, 2024
Real Estate defies expectations as the sector demonstrates stability across subsectors in Africa
Despite early concerns about the decline of traditional office work during the Covid-19 pandemic, Standard Bank reports resilience in Africa’s real estate sector. The office, retail, and industrial markets have seen strong recovery, supported by flexible hybrid work models and growing demand for industrial space.
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October 22, 2024
Successful exits on the horizon for Africa’s VC sector
Africa’s venture capital (VC) ecosystem faced significant challenges in 2023 due to political instability, slow economic growth, and reduced funding access. However, local VCs demonstrated resilience through collaboration, leading to successful exits.
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October 22, 2024
What to consider when deciding to trade locally or offshore
There is no one-size-fits-all solution when it comes to investing. At best, the savvy investor knows the importance of investing in shares, as this is the single asset class that delivers inflation-beating returns over the long term.
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October 16, 2024
The Ashburton Equity Fund celebrates three-year Performance Milestone
Charl de Villiers, Head of Equities at Ashburton Investments, reflects on the third anniversary of managing the Ashburton Equity Fund, highlighting the team's success in delivering positive alpha, strong peer performance, and their focus on South African listed equities.
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The cost of living is being hiked...

Is it just us or is every price imaginable being hiked – from fuel and electricity, to daily living expenses, school fees and transport costs?

Maybe your clients caught a breather when their current medical aid announced a contribution increase holiday towards the end of last year, but with that ending soon, they’ll now have to find the money somewhere to foot that bill too.

Luckily, your clients do have a say in the matter. They can tell their medical aid to “take a hike” and switch to Fedhealth, which lets them create and control their own medical aid affordability – all year long..

Learn More
October 23, 2024

Risk Agency Warns Gauteng’s Water Crisis Will Intensify Without Strategic Action

Gauteng faces a critical water crisis as Rand Water warns of potential depletion this summer. Riskonet Africa urges businesses to act now by reviewing risk exposures and insurance coverages.
Read More
October 24, 2024

Lombard Insurance to sell Lombard Broker Partners division to Hollard Group

Lombard Insurance Company Limited (Lombard) announced earlier this month that it has reached an agreement with Hollard Insurance Group for the sale of its Lombard Broker Partners (LBP) division, offering standard commercial property and motor insurance, subject to regulatory approvals.
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October 22, 2024

How Hollard leverages shared value principles to drive sustainable development in Africa

Hollard International's shared value strategy integrates business growth with social impact, addressing Africa's socio-economic challenges. By offering tailored insurance solutions, promoting financial inclusion, and supporting renewable energy projects, Hollard aims to drive sustainable development and strengthen local economies across the continent.
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October 17, 2024

Discovery Insure wins at Global Insurance Innovation Awards 2024

The inaugural Global Insurance Innovation Awards, held at a gala ceremony in Singapore today, recognised Discovery Insure as a global leader in insurance innovation, thanks to its world-class and future-ready product offering.
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October 16, 2024

Ensure your home is protected, come rain or shine

As warmer months approach, it's easy to forget key home maintenance tasks that protect your property and ensure sufficient insurance coverage. To maintain a secure home year-round, it's important to stay proactive.
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October 15, 2024

Electric vs hybrid in the South African market

Keletso Mpisane, head of Blink by MiWay, highlights the growing interest in new-energy vehicles (NEVs) in South Africa, driven by both economic and environmental motivations. Despite accounting for less than 2% of total car sales, NEVs like electric and hybrid vehicles are gaining traction, with a 65% year-on-year increase in sales.
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October 23, 2024
Evolving Complexity in Engineering Claims
Firedart Claims Team shed light on the evolving landscape of engineering claims
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October 23, 2024
Growing brands podcast series - Marketing Session with Elliot Schwartz
Elliot Schwartz, with decades of experience in insurance & marketing, shares insight into the value of business strategy.
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October 23, 2024
Breaking the Mold: Redefining Insurance with Data and Technology
The leadership team at Elevate, delve into the company’s pioneering approach to revolutionising the insurance industry
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October 14, 2024
Navigating Offshore Investments for South Africans
The importance of understanding the different customer segments in the Offshore investments space
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October 9, 2024
Balancing Innovation and Empathy in Insurance
Colin Greenhill, CEO of SSP Worldwide, emphasises the evolving role of technology in insurance
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October 9, 2024
Leadership in a Rapidly Evolving World
Essential leadership principles and their application in the dynamic world of finance and client engagement.
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October 9, 2024
Revolutionising Life Insurance with Wellbeing Data
Elevates innovative features of their customer portal and its impact on life insurance
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September 12, 2024
Navigating Compliance Strategies for Financial Services
The escalating importance of sanctions in the global business arena.
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September 11, 2024
Overcoming Distribution Challenges in Agri-Insurance
Insight into LandBank Insurance's role as a key player in the agricultural insurance sector
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September 11, 2024
From Youth to Professionals: GIFS's Pathways for Success
GIFS innovative approach to upskilling within the financial services sector.
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October 9, 2024
Mastering IT Governance and Risk Management
Hannes Geel, Masthead Compliance Officer, provides key insights into the Joint Standard on IT Governance and Risk Management, which financial institutions are expected to comply with by 15 November 2024. He highlights the importance of robust IT governance and risk management practices to safeguard against IT risks and system failures.
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October 9, 2024
Old Mutual launches Mobile Virtual Operator Network
Old Mutual is set to transform mobile connectivity in the lower segment market after launching the Mobile Virtual Network Operator (MVNO) service.
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September 25, 2024
RCS advances digital transformation and broadens product offering with strategic platform migration
The RCS Group has launched a range of insurance products on digital insurance platform Root. This expands its services beyond traditional credit offerings and supports the company's digital transformation.
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October 9, 2024
Crucial Role of Technology Escrow in South Africa's Renewable Energy Surge
With the renewable energy revolution in South Africa unlocking opportunities for scale, the government is expecting it to be the most significant driver of growth. Guy Krige, Executive Risk Consultant at ESCROWSURE delves into the licensing requirements and the changed landscape for investors, operators and OEM.
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June 19, 2024
Understanding the value of customer complaints and the importance of handling them well
Complaints are an inevitable aspect of running a business. Handling these customer grievances effectively is crucial, not only for maintaining a good relationship with the complaining customer but also for safeguarding your business’s reputation - especially in an era where social media can amplify an individual’s voice
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August 31, 2023
Three practical ways to make your small business bloom this spring
Janeesha Ragubeer, Area Manager at Business Partners Limited, foresees a promising season ahead for South African small businesses, offering her insights on three actionable strategies to help them flourish this spring.
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October 24, 2022
The competitive structure of the global insurance marketplace sector
According to a ranking and analysis completed by Insuramore, revenues earned worldwide by insurance marketplaces are likely to have had a value of around USD 6.74 billion in 202...
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