Fears about Minister Dlodlo weren't unfounded. Six months into the job, she's been accused of issuing illegal interception orders, writes Adriaan Basson.
Momentum Metropolitan has entered into an agreement to acquire Alexander Forbes Short Term Insurance business.
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 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.
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.
Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.
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.
South Africa’s latest budget flirted with changes to the way South Africa’s retirement funds operate.
Overberg Asset Management share analyst Kirk Swart looks at auto, Bitcoin and beer shares in this week's share watch.
Jobs will be lost as a direct result of Friday night's downgrade of SA's long-term local currency debt to junk status by S&P Global Ratings, says Lesiba Mothata, chief economist at Alexander Forbes Investments.
JSE chairperson Nonkululeko Nyembezi will become the first woman to chair the board of Alexander Forbes in the firm’s 82 year history, the company has said.
Most working South Africans rely on the money saved in their employer's retirement fund to provide them with an income in retirement.
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".
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.
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.
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.
There is no need to panic about the outcomes from the ANC elective conference, according to Lesiba Mothata, executive chief economist at Alexander Forbes.
The turnaround strategy of financial and risk services group Alexander Forbes is yielding positive results, according to its half-year results.
Financial services provider Alexander Forbes has launched a new learning platform to help employees realise the benefits of lifelong learning, in a first of its kind in South Africa.
South Africa is not necessarily in a crisis, according to Lesiba Mothata, executive chief economist at Alexander Forbes Investments.
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