News

Sanlam has officially taken over 100% of Rwanda’s insurance company (Soras) making Rwanda the 40th country in its global expansion drive.
The full merge was announced this Wednesday in Kigali by both officials of Soras and Sanlam following Sanlam’s entry into Rwanda in 2014,

An investor’s journey has always been one of facing the unknown in the quest for sufficient reward in return for taking on risk – primarily defined as uncertainty. And increasingly, clarity about the future is becoming rare. As we prepare to enter the next decade we turn to trends that are already visible to understand where our ultimate direction and focus should lie.

Having spent much of 2019 worrying about the very real possibility of a global recession, investors are heading into the holiday period feeling slightly more relaxed about the outlook for next year. Interest rate cuts by the Federal Reserve, and an easing of monetary policy around the world, appear to have seen off a full-blown recession in favour of a more palatable slowdown in growth.

This time last year it was hard to escape the prospect of a global recession. Twelve months later and we are looking forward to a recovery in global economic growth, thanks to progress in finding a US-China trade compromise, and the likelihood that President Trump will be economically supportive leading up to the presidential election in November.

Congratulations to Pieter Fourie, Head of Global Equities, for picking up an FE fundinfo Alpha Manager rating for a second year in a row.

International Adviser has been following the launch of Sanlam Private Wealth Mauritius.

A recent interview carried out by International Adviser with Shane Tremeer (managing director Sanlam Private Wealth Africa) outlines the “aggressive growth strategy” that Sanlam Private Wealth Mauritius are adopting. Read more on International Adviser.

Conditions met for acquisition of Morocco-based SAHAM Finances, turning Sanlam into leading pan-African financial services group.

Sanlam’s conclusion of its biggest acquisition to date transforms the Group into a leading financial services player in Africa, opening the way for a major growth drive on the continent

Sanlam has expanded its offering in the Mauritian market to become the country’s go-to financial services group.

The Sanlam Group – which has the largest non-banking financial services footprint in Africa – is continuing to build its presence in Mauritius as well as further afield on the continent.

Sanlam, SAHAM’s partner since February 2016, will increase its stake in the capital of SAHAM Group’s insurance subsidiary, from 46.6% to 100%, according to the terms of an agreement reached on March 7th, 2018.

Read more on www.businesswire.com