Coface Shows Solid Q1 Operational PerformancePublished: Wed, 20 May 20 France-based international credit insurer Coface has reported solid Q1 results with positive net income of €12. 7m on a 0. 9% increase in turnover to €370m.
Xavier Durand, Coface CEO, said the positive net income reflects only the initial effects of the crisis, and will affect revenues through ...
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Life Annuity Sales Soar Amid Lockdown LossesPublished: Tue, 19 May 20 Cape Town, 19 May 2020: Amid the market instability brought on by COVID-19, retirement income specialist Just has reported record demand for life annuity solutions from South African pensioners looking to lock in an income for life.
Sales for life annuities have doubled relative to 2019 since ...
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Wealth management in the time of Covid-19Published: Tue, 05 May 20 The world is facing one of its gravest crises in recent memory as it stares down Covid-19 and the wealth management industry has a key role to play by steadying the investment ship and navigating investors’ safely through this storm.
Global equity markets went from all-time highs to drawdowns in excess ...
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Covid-19: TERS - 5 important updatesPublished: Mon, 04 May 20 by Joon Chong, Dhevarsha Ramjettan, Johan Olivier, Shane Johnson, Bianca Viljoen, Zipho Tile
Since the launch of TERS, there has been (almost) daily changes introduced by the Unemployment Insurance Fund. Following those amendments, the Minister of Employment & Labour ...
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Investing in a post Covid-19 worldPublished: Wed, 29 Apr 20 As the coronavirus sweeps its way around the globe, the trends established in most countries in terms of taming its spread after lockdown appears similar to that set in China. While it might take somewhat longer for some of those countries that started their control measures later, the outlook seems positive and the ...
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WEATHER THE STORM OF RETRENCHMENT BY RESKILLINGPublished: Wed, 29 Apr 20 When my husband was told he was being retrenched thanks to the economic effects of COVID-19, it was a call we were expecting but it was still a shock. Gosh, I thought to myself. What do we do now? My husband had just been retrenched, albeit temporarily under the COVID-19 Temporary Employer-Employee Relief Scheme ...
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The non-legal guide to surviving the CoronavirusPublished: Fri, 24 Apr 20 Soon after the WHO declared COVID-19 a pandemic, and the declaration of the National Disaster, there was an outbreak of legal and other publications, some more helpful than others, dealing with COVID-19, the law, the end of the world, and surviving the Coronavirus. You could seek guidance from a letter supposedly ...
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Financial freedom: Marginal changes can lead to exceptional gainsPublished: Thu, 23 Apr 20 Achieving your long-term financial goals may seem overwhelming at the moment. However, by focusing on the factors you can control, and implementing small changes to your spending and saving habits, financial freedom is still within- reach.
Don’t sweat the small stuff
Looking at the FTSE/JSE All ...
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Can China shield its economy from the impact of COVID-19?Published: Thu, 16 Apr 20 Due to the current coronavirus (COVID-19) pandemic and its impact on the global economy, it is unlikely that China will be able to achieve its 2020 growth target. Coface forecasts a growth rate of 4% for the Chinese economy in 2020.
Economic activity in China could decelerate faster than expected this year ...
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Poland Payment Survey: reduced payment delays, but a challenging outlookPublished: Tue, 07 Apr 20 Despite the economic slowdown, Coface’s latest survey on business payments in Poland shows that payment delays have systematically shortened since 2017 – but the impact of the coronavirus outbreak on the Polish economy remains to be seen. Payment terms: transport and construct offer the most generous ...
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Disease and downgrades: Diary of a bad year for SAPublished: Mon, 30 Mar 20 Adrian Saville, Chief Executive, Cannon Asset Managers
30 March 2020: Moody’s finally dropped the sword on South Africa on Friday evening, following in the steps of fellow ratings agencies S&P and Fitch in downgrading the country’s sovereign credit rating to sub-investment grade or “junk ...
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Moody’s downgrade and what it means for investorsPublished: Mon, 30 Mar 20 Maarten Ackerman, Chief Economist and Advisory Partner, Citadel
30 March 2020: The Moody’s downgrade of South Africa’s credit rating should have happened long ago. We’ve known for a long time that our fiscal metrics have been unsustainable, so despite the coronavirus, this is unsurprising ...
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How high volatility can offer investors good opportunities to buyPublished: Wed, 25 Mar 20 It’s always darkest before the dawn, and markets across the globe are looking pretty dark right now. I’m not saying that the worst is over, or nearly over (my crystal ball is simply not giving me any clear answers) but if you look at the past, history will remind you that following the herd and selling ...
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POSTPONEMENT NOTICE: SAIA BREAKFAST SESSION 2020Published: Mon, 16 Mar 20 Following the national disaster declaration made by the President of South Africa, Mr Cyril Ramaphosa, on 15 March 2020 around the spread of the coronavirus, the South African Insurance Association (SAIA) has decided to postpone the SAIA Breakfast Session which was to be held on 19 March to a later date in May 2020 ...
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Allianz: 5 sustainability trends to watch for companiesPublished: Thu, 12 Mar 20 Companies can potentially face reputational damage or legal liabilities if they fail to appropriately manage environmental, social and governance (ESG) issues. Allianz Global Corporate & Specialty’s ESG team identified key trends to watch: climate change, water management, preserving biodiversity degradation ...
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