Creator
Stephen Cranston is a writer and columnist at the Financial Mail, covering insurance and investments. He is a past winner of most of the leading financial journalism awards including the Citigroup and Citadel awards. He is a graduate of Oxford University in the UK.
The straw that apparently broke the camel’s back for Kennedy Bungane was a technical banking issue.
While it might look expensive compared with some South African peers, and the UK economy isn’t exactly booming right now, changes in the pension regime are proving beneficial
Under new CEO Kenny Fihla, Absa has a clearer strategic direction — promising bottom-up cost discipline, improved operating leverage and more selective capital deployment
For now, the stellar performance of the payments division is bailing out group-level profitability and growth
The Southern African business’s ROE runs at 18.5%, ahead of that of Nedbank and Absa
Alexforbes, with a p:e of 14, looks expensive but is the dominant player in the pension fund consulting sector on the JSE
Jurie Strydom was the bookies’ favourite — but he has his work cut out for him as he faces the need for change at the sick man of South African life insurance
CEO Jason Quinn has plenty of experience at big financial institutions but prides himself on innovative ventures — and, with his charisma, has been a big driver of South Africa…
Change may be the name of the game soon, but the company has a solid foundation for growth and a defensive moat
Capitec backs the home affairs argument that the fee is a matter of increased security. TymeBank argues it will lead to financial exclusion
Consistent investment performance has earned Coronation its place as a top South African fund manager
The right way to ‘do good’ is arguably to shift focus to targeted development investment
The affluent segment had another strong quarter, with a 42% year-on-year increase in gross inflows to £4.19bn from £2.956bn in the first quarter of 2024
The direct insurer is gaining ground in South Africa and abroad
Times are tough for consumers and it may be tempting to surrender a policy, but policyholders should guard against letting emotions rule their decision-making
The new CEO plans to lead by example, going into the office daily, despite the business’s hybrid work model
Outfits such as Alexander Forbes help the investor decide which of the myriad unit trusts on offer is right for them
Generously capitalised Santam has defied a flat economy to increase market share from a high base
Under CEO Jeanette Marais, market confidence surges as earnings climb
South Africans are fortunate that there are some local one-stop funds in which they can invest without an intermediary
