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Sanlam financially supports investment in newly-listed ARC Investments for its empowerment shareholders

07 December 2017

Sanlam has announced that it reached an agreement and received the relevant approvals to fund a company jointly owned (JV) by Ubuntu-Botho Investments (UBI) and the Sanlam Ubuntu-Botho Community Development Trust (the Trust) for an amount of R500 million. This amount assisted the JV to acquire shares in the newly-listed African Rainbow Capital Investments (ARCI) on market-related terms (Funding Transaction).

Sanlam achieves solid operational performance for the 10 months to 31 October 2017

07 December 2017

Salient features of the Group’s performance.

SIM Enhanced Yield gets AA- credit rating

30 November 2017

Global Credit Ratings (GCR) has confirmed the national credit fund rating it gave to the Sanlam Investment Management (SIM) Enhanced Yield Fund as AA-(ZA)(f), with an outlook of stable. In determining a fund rating, GCR completes a comprehensive assessment of the fund’s management as well as its historical performance.

Sanlam concludes acquisition of Uganda’s Lion Assurance Company

22 November 2017

Sanlam Emerging Markets Proprietary Limited (SEM) has pleased to announce that it successfully concluded the transaction for its subsidiary, Sanlam General Insurance Uganda Limited (SGIU), to acquire up to a 100% interest in the share capital of Lion Assurance Company Limited (LAC) in Uganda from Botswana-based Trans Industries Proprietary Limited and certain minority shareholders for an initial purchase price of USD6.5 million via a rights issue.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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