Equilibrium is thrilled to announce two new team members to the Equilibrium Investment Management team, as the discretionary fund manager (DFM) continues to strengthen its capabilities and deepen its focus on collaboration and establishing long-term partnerships.

For so many young South African men, their first salary represents freedom, independence, and a promising first step on the journey to success. Yet, Momentum Head of Financial Advice and Planning, Bertie Nel, says this achievement often goes hand-in-hand with a stark lack of financial literacy, breeding a silent vulnerability that extends far beyond their bank balance.

With youth unemployment at 46.1%, SMEs are stepping in to drive change. Lawrance Ramotala of Business Partners Limited highlights how small businesses are empowering young South Africans through jobs, mentorship, funding, and purpose-driven entrepreneurship—building both livelihoods and lasting impact.

Standard Bank’s MyMoBiz and SimplyBLU campaign uses regional radio to spotlight over 150 small businesses, offering cash prizes, valuable airtime, and business support—empowering entrepreneurs with visibility, funding, and tools to grow and succeed across South Africa.

Sanlam Risk and Savings paid out R6.62 billion in individual insurance claims in 2024 (up 9.24% from 2023), with a sharp increase in cancer claims, and cardiovascular claims showing an uptick compared to last year.

Liberty paid out R12 billion in claims in 2024, revealing key health, lifestyle and socio-economic trends. Insights highlight the value of life, lifestyle and income protection benefits—especially for women and younger people—while emphasising the importance of financial advice.