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South African households richer in 2017, but their wealth is unequally distributed.
But no women at all in senior roles in 20% of SA businesses, is concerning.
• Finaccord research shows that 50% of the world’s top 500 retail banking groups own (or co-own) at least one captive or joint venture insurer; • these secured premiums for life and non-life insurance in excess of USD 450 billion in 2016; • seven out of top 10 bancassurance companies originate from Europe, while Japan Post Bank is the world’s largest bancassurer by premiums.
Investec and the Gordon Institute of Business Science (GIBS) have released the latest results of the Investec GIBS Saving Index, which measures South Africa’s savings rate and the country’s savings behaviour. The headline index figure for 2017 Q3 was announced today at 60.5 points at the end of 2017, which marks a low point in South Africa’s savings track record for 27 years.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?