South Africa's top financial institutions to face off against each other

While South Africa’s financial institutions compete against each other on a daily basis in the stock market and on the performance of their funds, South Africans are now being given the opportunity to witness some of these household names battle against each other on a level playing field.

The Sanlam Investment Management (SIM) SA Challenge, the annual team development event now in its third successive year, will see the likes of, Old Mutual, Prescient, Liberty and Santam, pitted against each other in a bid to determine who is the fittest and most strategic of them all.

According to Coll Macdonald of Invent Hospitality / Challenger World, the team behind the SIM SA Challenge, the two-day and two-night event - which takes place this September at the foot of the Magaliesburg mountains - provides a unique opportunity to see old rivals pitched against each other. “South Africa’s financial institutions are often compared on their performance, so it will be interesting to see how they match up when they are forced to rely solely on their intellect, wits, strategic thinking and physical efforts.”

Up to 50 corporate teams compete in a series of exhilarating strategic, intellectual and physical tasks which include biking, hiking, running, rafting, kayaking and navigating their way through nature and a mine-field of puzzles and problems.

Macdonald says the series of challenges involved in the event are designed to reward behaviour and team work. “Many of the world’s greatest companies use Intelligent Sport events to assist in developing great business teams. South African companies who have taken part recognise the benefits that such an exercise has on team development.”