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Entrepreneurship needs to be celebrated in South Africa in order to motivate greater participation in the SME sector, which has the potential to create meaningful employment.
In one of the Sanlam Group’s biggest transactions yet, Sanlam and Santam are set to enter new markets having reached agreement to acquire a 30% stake in Morocco-based Saham Finances which operates in a total of 26 countries predominantly across Africa and with a presence in the Middle East.
After several months of negotiations, saXum Insurance Limited (saXum) wishes to announce that their Partner Business Division, which services larger and volume based NMI business, has concluded an agreement in principal with Quicksure. This follows Quicksure’s acquisition of National Network Administrators, which was an existing saXum NMI.
The importance of a thriving small business sector cannot be overstated, as small and medium enterprises (SMEs) employ approximately 60% of South Africa’s workforce and contribute significantly towards economic growth, reportedly around 34%1.
Are financial advisers ready for the combined impact of COFI and AI?