Coronation more than doubles its stake in Alexander Forbes

2020-02-17 21:00

Alexander Forbes says Coronation has increased its interest from 3% to 7%, as appetite for stock in the company continues to rise.

Motsepe's ARC could take over Alexander Forbes, but isn't planning to

2020-01-23 17:32

Alexander Forbes announced on Wednesday that ARC would be buying another R1bn worth of shares in the company.

Alexander Forbes: We have turned a corner

2019-12-09 16:16

Despite recording only a 1% increase in operating income and 3% operating profit from its remaining businesses, Alexander Forbes CEO, Dawie de Villiers said given where the company comes from, he thinks it's finally delivering to shareholders.

Momentum to acquire Alexander Forbes' short term insurance business

2019-07-25 15:52

Momentum Metropolitan has entered into an agreement to acquire Alexander Forbes Short Term Insurance business.

Alexander Forbes seeks buyer for its insurance businesses

2019-03-26 13:26

The financial services company says it is commencing a process to seek a buyer for its insurance businesses, but has not disclosed an estimated price yet.

Alexander Forbes CEO says 2 more executives resign amid exodus

2019-01-16 13:15

Alexander Forbes CEO of corporate and employee benefits Tony Powis and head of retail financial services Sugendhree Redd will leave by the end of this month, Alexander Forbes’ new chief, Dawie de Villiers, said in an interview in Johannesburg on Wednesday.

Tumultuous year deals Alexander Forbes a R45m loss

2018-12-13 20:45

Alexander Forbes has released its interim results, two months after removing a CEO, losing R339m to a failed software project, and protests over an estimated R49bn in unpaid retirement funds.

Alexander Forbes appoints new CEO

2018-10-01 11:02

Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.

Storm clouds gathering for SA consumers, economists warn

2018-09-07 11:34

The storm clouds are gathering and are about to burst for consumers, economists warned after poor GDP data confirmed that South Africa was in a technical recession.

How the budget affects retirement funds

2018-02-23 14:31

South Africa’s latest budget flirted with changes to the way South Africa’s retirement funds operate.


Momentum buys Alexander Forbes insurance business

2020-01-31 19:28

Momentum Metropolitan announces the completion of its acquisition of Alexander Forbes' short term insurance business AFI.

Motsepe's ARC to become Alexander Forbes' biggest shareholder

2020-01-22 20:51

ARC’s stake in Alexander Forbes will increase to 33.9%, while Mercer’s will decrease to 4.5%.

Alexander Forbes reaches settlement with ex-CEO Andrew Darfoor

2019-10-25 14:51

Alexander Forbes and axed group executive Andrew Darfoor have reached a settlement, the financial services firm has confirmed.

Making retirement contributions meaningful

2019-05-05 19:45

Most working South Africans rely on the money saved in their employer's retirement fund to provide them with an income in retirement.

Alexander Forbes says ex staffer likely to blame for 'adverse media commentary'

2019-03-06 12:50

The financial services group has hit out at media reports about a proposed sale of one of its units, saying it believes the stories were leaked by a "disgruntled former employee" and were "inaccurate in many respects".

Alexander Forbes executives resign amid strategic review

2019-01-10 18:14

The company told Bloomberg that CEO at Alexander Forbes Investments Leon Greyling, group chief risk officer Vishnu Naicker and chief human resources officer Christian Schaub plan to pursue other business interests.

Axed CEO Andrew Darfoor takes Alexander Forbes to CCMA

2018-10-02 21:32

Andrew Darfoor, who was fired as chief executive officer of Alexander Forbes, says he has lodged a case against the financial services firm with the Commission for Conciliation, Mediation and Arbitration.

Alexander Forbes fires CEO over a 'loss of confidence and trust'

2018-09-25 09:27

Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.

Budget 2018: Is there a hidden wealth tax?

2018-02-23 18:24

Wealthier South Africans could feel the pinch of a hidden wealth tax, with Finance Minister Malusi Gigaba announcing an increase in estate duty and higher excise taxes on luxury goods in his budget speech.

Don't panic about outcome of ANC elective conference - economist

2017-12-16 18:11

There is no need to panic about the outcomes from the ANC elective conference, according to Lesiba Mothata, executive chief economist at Alexander Forbes.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.