Sasria’s posts a 34% rise in profit to R4.47 billion in 2024/25

Loading player...
GUEST: Mpumi Tyikwe – Chief Executive, Sasria

South Africa’s state-owned special risk insurer, Sasria, is proving that recovery after crisis is possible and sustainable. After suffering a record R24 billion loss during the 2021 unrest, the insurer has staged a powerful rebound, posting a 34% rise in profit to R4.47 billion in 2024/25 and rebuilding its reserves to R18.6 billion.

Sasria CEO Mpumi Tyikwe joins us to discuss how the insurer has strengthened its balance sheet, reduced reinsurance costs, and positioned itself to absorb catastrophe claims of up to R20 billion without government support. But beyond the numbers, Tyikwe warns that emerging social and political risks from illegal mining and coalition instability to unemployment-driven protests remain major challenges.
4 Nov 2025 4PM English South Africa Business News · Investing

Other recent episodes

Your Retirement, Your Rules: ETFSA’s Starter Pack Explained

Retirement planning doesn’t need to be intimidating. Suzan Ramotshabi breaks down the biggest barriers stopping South Africans from investing, including Black Tax and fear of making mistakes. She explains how the Starter Pack works, additional ETFSA solutions, and the one step listeners can take today to begin their retirement journey…
23 Sep 1PM 22 min

SARB Tightens: What the 25bps Hike Means for You

The SARB surprised markets with a unanimous vote to hike rates by 25bps, landing against rising inflation expectations and global volatility. Johann Els unpacks the policy mood shift, the 4.4% inflation print, rand vulnerability, and how this decision affects credit conditions, household budgets, and South Africa’s growth outlook heading into…
23 Sep 12PM 14 min

The State of SA Insurance: Climate, Claims & Consumer Strain

South Africa’s insurers are navigating a perfect storm: higher catastrophe losses, rising claims inflation, affordability strain, and a shifting risk landscape shaped by climate volatility and crime. Santam’s Partner Solutions CEO, Gugu Mtetwa, unpacks the sector’s resilience, the worsening underinsurance problem, consumer behaviour shifts, and how insurers are adapting to…
22 Sep 1PM 24 min

Measured Momentum in SA Banking: Earnings Up, Risks Rising

South Africa’s major banks delivered headline earnings growth of 9.3% to R82.3 billion, stronger ROE at 20.5%, and improved cost‑to‑income ratios — but beneath the numbers lies a fragile domestic recovery and renewed inflation pressure. PwC’s Rivaan Roopnarain breaks down the competitive dynamics across retail, business, corporate and payments ecosystems,…
22 Sep 1PM 14 min

Crypto’s Turning Point: Sound Money Capital says Bear Market Dead

After eight months of grinding weakness, crypto snapped sharply higher in August — and Sound Money Capital was fully allocated ahead of the turn. CIO Rob Price explains why seller exhaustion, ETF capitulation, and policy intervention signal the end of the bear market. With Bitcoin reclaiming key resistance and market…
22 Sep 1PM 15 min