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Over the past 12 months, Ashburton Investments through the Ashburton Credit Enhanced Funds, collaborated with National Treasury’s Jobs Fund to disburse R34.4 million in grant funding to counter the negative effects of the Coronavirus (COVID-19) pandemic in areas most in need.
Momentum Metropolitan Holdings (MMH) announced that it has become the first South African insurance company to be recognised as a supporter of the international Task Force on Climate-related Financial Disclosures (TCFD). It joins 16 supporters in South Africa and more than 1,000 supporters globally in taking action to build a more resilient financial system through climate-related disclosure.
When governments across the world locked down their countries to deal with the COVID-19 pandemic, normal economic life as we know it was severely disrupted. All industries including the insurance industry scrambled to put measures in place to ensure that they could serve their customers remotely while also rolling out new products to meet new customer expectations.
Old Mutual Limited (“Old Mutual”) has announced its intention to unbundle c.12.2% in Nedbank Group Limited (“Nedbank”), marking a total distribution to Old Mutual shareholders worth approximately R10-billion (at a Nedbank price of R167 per share).
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?