Sanlam Emerging Markets is stepping up to the fight of curbing the spread and cushioning the impact of the COVID-19 pandemic in Africa and the other international markets that it operates in by Donating R45 million to support COVID-19 initiatives. Heinie Werth, CEO of Sanlam Emerging Markets joins CNBC Africa for more.
Sanlam announced major changes in its boardroom today. Current CEO Ian Kirk will be stepping down, making way for former CEO and Chair of Old Mutual South Africa to begin in July.
Motsepe family & associates join Rupert and Oppenheimer families in donating R1bn to deal with COVID-19 pandemic
On Monday South Africa's President, Cyril Ramaphosa revealed that South Africa's richest families the Rupert and Oppenheimer families had each contributed R1 billion to assist small businesses and their...
CNBC Africa spoke with Ian Kirk, CEO of Sanlam to discuss the companies reported annual earnings and the impact of COVID-19 on business.
South Africa’s largest insurer, Sanlam had a 32 per cent drop in half-year profits due to one-off costs. The company is expecting continued growth in emerging markets as its newly acquired Moroccan unit SAHAM finances contributed a 13 per cent increase in net result from financial services. Sanlam CEO, Ian Kirk joins CNBC Africa for more.
Financial services group, Sanlam, has just released the longest running retirement industry study. South Africans are more concerned with the cost of retirement than actual retirement value. Another finding saw group risk fees up 50 per cent. Joining CNBC Africa for more is Avishal Seeth from Simeka.
Sanlam intends to issue shares constituting in aggregate 5 per cent of the enlarged issued Sanlam ordinary shares (net of treasury shares) to a new broad-based group of empowerment shareholders and UB. The proposed transactions will increase economic inclusion as new broad-based beneficiary groups focused on black women and youth as well as Sanlam’s South African employees, will participate in 80 per cent of the new shares to be issued. UB will participate in the remaining 20 per cent. Ian Kirk, CEO, Sanlam and Joyce Simelani, Executive Director, Ubuntu-Botho spoke to CNBC Africa’s Chris Bishop for more.