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SA banks and insurers set to ride out the 2022 inflation shock

20 May 2022 | The Stage

There are a couple of stories dominating world news circa May 2022 and they are inextricably intertwined. The first, and probably most notable, is the Russia-Ukraine conflict which had entered its 87th day by the time of writing; and the second, inflation. Inflation, defined by Wikipedia.org as “a general increase in the prices of goods and services in an economy” was readying for an onslaught before the conflict started, due largely to the impact of the 2020/2021 COVID-19 pandemic on global supply chains, and the record stimulus that governments pumped into their economies to survive the crisis. The war added fuel to the fire in the form of surging commodity, gas and oil prices.

Big insurance happenings in Africa

17 May 2022 | Featured Story

The African life and non-life insurance landscape is in for a shake-up following a Joint Venture (JV) announcement by two leading multinational insurance brands. In a media release issued 4 May 2022, Allianz SE and Sanlam announced they would enter into a JV to create a premier pan-African non-banking financial services entity operating in 29 countries across the continent.

SA consumers brace for a lengthy battle with rising prices and interest rate hikes

06 May 2022 | The Stage

It did not take long for South African consumers to join the US and other Western economies in the consumer price inflation doldrums, with the latest forecast from ratings agency Moody’s predicting that local inflation will hit 8% in 2022. This is the latest hint that inflation could move far outside the South African Reserve Bank (SARB) 3-6% target range, though many of our readers would argue that typical goods and services purchased by mid-income households are already inflating at a higher rate than reported.

The quadruple-whammy of Covid-19, Eskom, July 2021 looting and the April 2022 KZN flood catastrophe

22 April 2022 | Straight Talk

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair”, wrote Charles Dickens in the famous opening sentence of A tale of two cities, a historical novel that plays out in London and Paris, before and during the French Revolution, penned in 1859.

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SA stunned by weather catastrophe in KZN

14 April 2022 | Featured Story

What’s inside… FAnews Magazine April 2022

11 April 2022 | The Stage

Show me the money! A quick overview of South Africa’s financial institutions

08 April 2022 | Straight Talk

Legislation is putting us at a crossroads

05 April 2022 | Straight Talk

Protecting your clients from pandemic, riot and war

31 March 2022 | Featured Story

23-months back you had to pay someone to take oil off your hands

11 March 2022 | Featured Story

Transform or bust, the choice is yours

09 March 2022 | Straight Talk

Can we repeat these staggering returns in 2022?

02 March 2022 | Featured Story

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