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Topic - Insurance
Jan 13, 2016
Zimbabwe is inviting consultants to help establish its own diamond bourse with the aim of becoming a regional diamond trading hub which is expected to attract traders from around the world, a report said on Wednesday. According to Zimbabwe’s state-owned newspaper,...
Jan 06, 2016
South Africa may need to import as much as 5-million tonnes of maize this year, roughly half of its requirements, because of its worst drought in three decades, the country's largest producer group said on Wednesday. The drought in the continent's biggest maize...
Nov 27, 2015
SMOOTH OPERATION Independent inspections ensure that wind turbines operate efficiently
Systematic independent technical inspections and independent real-time, around-the-clock condition monitoring of wind turbines, which are rarely done in South Africa, will improve their operational efficiency, maintenance and life span, advocates Cape Town-based...
Nov 26, 2015
As Parliament mulls the new regulatory framework to govern South Africa’s financial industry, the sector is preparing for its promulgation; however, it will require a complete “rethink” of the way regulators guide financial institutions. The tabling of the Financial...
Nov 13, 2015
South African motoring guru Malcolm Kinsey in October released his twenty-sixth Kinsey Report. This report compares prices of the most common automotive parts that may require replacement on a vehicle. The 2015 Kinsey Report covers 74 vehicles in nine categories –...
Oct 23, 2015
The Datsun Go offers the cheapest parts basket in South Africa
South African motoring guru Malcolm Kinsey in October released his twenty-sixth Kinsey Report. This report compares prices of the most common automotive parts that may require replacement on a vehicle. The 2015 Kinsey Report covers 74 vehicles in nine categories –...
Sep 23, 2015
Who pays in the event of a nuclear accident? This was the hypothetical question asked by a Japanese nuclear expert who was delivering a lecture on nuclear energy policy issues in the post-Fukushima nuclear accident era. Former vice chair of the Japan Atomic Energy...
Sep 16, 2015
BT today announced the global launch of “BT Assure Ethical Hacking for Finance”, a new security service designed to test the exposure of financial services organisations to cyber-attacks. The wealth of valuable and sensitive personal data held by financial...
Sep 11, 2015
Aug 28, 2015
Aug 24, 2015
Jul 31, 2015
Jul 30, 2015
South Africa’s Solar Water Heating Manufacturers Cluster of South Africa (SWH-Mancosa) is taking active steps to reinvigorate the solar-geyser sector, which has been left in a “precarious” position following the termination of the Eskom rebate programme in April and...
Jul 14, 2015
Space Commercial Services Aerospace Group, a private South African company providing commercial satellite technology solutions, once again proved that it has world class capabilities, by delivering systems engineering services to the pre-construction phase of the...
Jun 26, 2015
Karl Juncker is MD of WEC Projects, a mechanical and process contractor focusing on water treatment, wastewater treatment, biogas-to-energy solutions, sludge treatment and beneficiation
Jun 26, 2015
MATHIEU DU PLOOY WSP Parsons Brinckerhoff aims to be a responsible corporation by empowering and upskilling young engineers
Government must make strides to start implementing the National Development Plan (NDP) to strengthen the relationship between the private and public sectors, says consulting engineering firm WSP Parsons Brinckerhoff MD Mathieu du Plooy. “We believe that once...
Jun 23, 2015
Viable opportunities for South African companies in Africa were increasingly emerging around so-called development ‘hot spots’ that were anchored by a central megaproject that triggered demand in the local downstream and ancillary markets, the Gas Africa conference...
Jun 12, 2015
A.b.e. Construction Chemicals is supplying its VIP Polyurea waterproofing system for an extremely unusual application on one of the main arterials in the heart of the Cape Town CBD. a.b.e. is part of the Chryso Southern Africa Group. Noel Abendroth, a.b.e. Polyurea...
Jun 05, 2015
Trade credit insurance company Euler Hermes officially launched its local operations and services for the South African market in Johannesburg, Gauteng, last month. Euler Hermes’ operations include a re-insurance agreement with insurance company Allianz Global...
Apr 14, 2015
The World Water Council and The Organisation for Economic Co-operation and Development are calling on policy makers and business leaders to address financing water infrastructure to provide water security for the demands of the global population and global economy....
Feb 24, 2015
Imperial CEO Mark Lamberti
JSE-listed Imperial is preparing to table its next three-year strategy to mitigate the changing context of the environment in which it trades. Speaking at a presentation of the group’s interim financial results, in Rosebank, on Tuesday, CEO Mark Lamberti said the...
Feb 24, 2015
JSE-listed Imperial on Tuesday posted lower earnings for the first half of the 2015 financial year, on the back of a delayed impact of a weakening rand. The group’s headline earnings per share declined 9% to 759c, while earnings per share (EPS) fell 18% to 738c...
Feb 13, 2015
AVI ROSE An electronic signature system can immediately be deployed to improve document management for mines
The use of electronic signatures can be used to generate original documents in electronic form, which will improve insurance and reduce risks for mines, says digital signature company ARX Africa regional business manager Avi Rose. Mines, mine employees and mining...
Nov 28, 2014
About 6.72% of mineworkers in South Africa have been issued with emolument attachment orders (EAOs), which has resulted in a crisis of indebtedness in the mining sector – a crisis that some believe is one of the major underlying factors of the recent labour unrest...
Nov 07, 2014
BRIDGETTE MPHUTHI Construction bonds are largely issued by banks or insurance companies
Current South African case law indicates that courts will be most inclined to find that an on-demand bond only exists where it is clear – on the basis of interpretation of the documents before the court – that the parties intended for the liability of the grantor to...
Oct 31, 2014
LEON VAN DER MERWE CoSign Click is suitable for any business that uses application forms and conducts business electronically
Customer communications company Pitney Bowes South Africa, in partnership with digital signature solutions provider ARX Cosign, launched a personal verification security solution in August to help financial services companies conduct business in a secure manner. “The...
Oct 29, 2014
Trans Hex CEO Llewellyn Delport
The long-awaited acquisition by Trans Hex of the Namaqualand diamond mines from De Beers has become effective. The JSE-listed Trans Hex expects to receive cash flows of R653-million over the life of Namaqualand Mines, which have a resource of between 1.6-million...
Oct 17, 2014
KARL BISHOP The overall business premiums are up 10%, owing to increased rates on portfolios on existing and new businesses
Financial services firm Santam’s 2014 interim results, an improvement on those of last year, support Santam’s strategy to improve business in Africa, India and South-East Asia, says Santam head of niche business Karl Bishop.
Oct 14, 2014
Despite not being “overnight-bullish” on the resources market, Bermuda-domiciled Till Capital has started an acquisitions phase driven by its hybrid investment strategy, rooted in the reinsurance business. This nontraditional approach has created a company with...
Oct 10, 2014
Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment
Oct 10, 2014
Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment...
Sep 10, 2014
The Innovation Group insurance managing executive Jonathan Holden
The introduction of telematics into the automotive industry would change the motor insurance landscape over coming years, with consumers expecting solutions tailored to their individual driving behaviour, business process services and software solutions provider The...
Aug 22, 2014
In the cut-throat competitive world of insurance, using new collaboration tools in innovative ways can give insurance firms a competitive edge, says Andre le Roux of Interactive Intelligence. Collaboration is an integral part of the insurance business. But today, the...
Aug 15, 2014
Insurance provider Discovery is set to have a new resource-efficient, cost-effective and environmentally sustainable global head office in Sandton, Gauteng.
Jul 22, 2014
Artist's impression of the new Discovery building
Property developers Growthpoint Properties and Zenprop Property Holdings are targeting a five-star Green Building Council of South Africa Green Star rating for insurance provider Discovery’s new global head office to be constructed in Sandton, Growthpoint office...
Jul 07, 2014
Lindiwe Zulu
The establishment of cooperatives prevent social exclusion and directly and indirectly economically empower one-billion people worldwide, Small Business Development Minister Lindiwe Zulu said. The top 300 cooperative enterprises, operating in some of the most...
Jun 04, 2014
Jan 20, 2014
While the gap between global infrastructure investment needs and available public sector funds could reach $500-billion a year between now and 2030, institutional investors will likely increase their allocations to assist in filling the margin left by governments and...
Dec 12, 2013
Eddie O'Connor
Independent renewable-energy company Mainstream Renewable Power, which is in the process of developing a sizeable South African portfolio, has launched a new capital-raising unit designed to secure competitive financing for wind and solar projects. Known as...
Nov 13, 2013
Independent project developer Scatec Solar formally launched a 75 MW solar farm, which forms part of the South African government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), in the Kalkbult region of the Northern Cape on Tuesday....
Sep 20, 2013
ROAD SAFETY CONCERN The Master Builders Association North is questioning the mindset and culture in South Africa that makes it acceptable to have so many road incidents
South African road accidents in the construction sector are increasing, according to insurance company Federated Employers Mutual (FEM) MD Thelma Pugh and industry body Master Builders Association North (MBA North) construction health and safety manager Doug Michell....
Sep 06, 2013
Technology can help companies to reduce business process cycle times and increase throughput and profit, as well as reduce risks to insurance companies, retailers and banks, says information technology giant IBM South Africa sales director Hamilton Ratshefola....
Jul 12, 2013
Two years after the promulgation of the Independent Resource Plan (IRP) 2010 by the Department of Energy, South Africa’s bourgeoning renewable-energy sector has attracted sizeable global investments into the country. According to the Financial Times, the South...
Apr 19, 2013
The African Development Bank (AfDB) on Friday launched its Structured Finance – Conditions for infrastructure project bonds in African markets report at the International Monetary Fund–World Bank Spring Meetings in the US. The report explored how structured finance...
Mar 22, 2013
Clean Power Africa to showcase successful renewable energy projects
Feb 13, 2013
Aim-listed Richland Resources on Tuesday said its insurance provider had approved a claim for $1.44-million following the theft of tanzanite stones from its sorting house last year. About 89 066 g of material, worth about $1.46-million, was stolen during a December 2...
Dec 11, 2012
A new survey by the Asset Owners Disclosure Project (AODP) has found that most of the world’s largest investment and pension funds are unprepared for climate change and lack climate risk strategies, but identified South Africa’s Government Employees Pension Fund...
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