Sanlam achieves robust operating performance in the first half of 2024

Loading player...
GUEST – Abigail Mukhuba – SANLAM Group CFO

Sanlam today reported robust operating performance across the group in its 2024 interim results. This was based on consistent implementation of the business strategy in the last four years, which centres on enhancing organic growth while complementing this with strategic acquisitions.

The group’s earnings momentum continued, growing net result from financial services (NRFFS) by 19% per share to a new high of over R7 billion for the first half of the year. This reflects strong trading performances across the group, the advantages of scale and market positions, diversification by geography and line of business, and continued focus on operational efficiency.
6 Sep 2024 8AM English South Africa Business News · Investing

Other recent episodes

Predatory lending and debt abuse as a human rights issue in SA.

GUEST - Samantha Moyana - Debt Counsellor, National Debt Advisors As South Africa observes Human Rights Day, the focus is often on the nation’s hard-won freedoms. But beyond the political and social discussions, a critical and often overlooked issue threatens the financial well-being of millions—predatory lending and debt abuse. With…
20 Mar 2PM 15 min

Does birth order impact your investing style?

GUEST – René Basson, Head of Brand at Satrix Does the order in which you're born shape the way you handle money? Some studies suggest that firstborns tend to be more risk-averse, preferring safer investments, while younger siblings, often seen as more adventurous, may gravitate toward higher-risk options like equities…
20 Mar 2PM 7 min

SARB keeps repo rate unchanged at 7.5%

GUEST – Johann Els - Old Mutual Group Chief Economist The South African Reserve Bank (SARB) has once again opted to hold the repo rate at 7.50%, keeping the prime lending rate steady at 11.00%. This decision, though expected by many economists, comes at a time of heightened global uncertainty…
20 Mar 2PM 13 min

Repo rate unchanged: Impact on homeowners and aspiring buyers.

GUEST – Bradd Bendall, National Head of Sales at BetterBond. The South African Reserve Bank (SARB) has once again decided to keep the repo rate unchanged at 7.50%, a move that has significant implications for both current property owners and aspiring homebuyers. With inflation risks still present and economic growth…
20 Mar 2PM 11 min