PSG Konsult delivers impressive growth despite COVID-19 headwinds

South African financial services company PSG Konsult has reported strong financial results despite the challenges posed by the COVID-19 pandemic. The company saw a 10% rise in recurring headline earnings per share for the 12 months ended February, with the wealth management business up almost 20% and the insurance business up about 25%. In an exclusive interview with CNBC Africa, CEO Francois Gouws discussed the factors behind the company's success and provided insights into how PSG Konsult is navigating the changing landscape of the insurance and asset management sectors amidst the ongoing pandemic. Gouws highlighted the importance of long-term business practices, investments in technology, and adaptability in executing strategies during difficult times. He also addressed the impact of COVID-19 on mortality rates and the company's outlook on equities and bonds as the economy continues to recover. Furthermore, Gouws shared PSG Konsult's commitment to talent development and technology investment, showcasing the company's optimism and resilience in the face of economic uncertainties.