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SANDWICH PANELS: A Burning Issue - Understanding the Risk

Published: Thu, 17 Sep 20

Sandwich Panel related fires have resulted in major property damage and business interruption losses over the years. What are Sandwich Panels? Sandwich Panels or Composite Panels are structures made up of three layers: a low-density core and a thin metal or plastic skin-layer bonded to each side. Over ...
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Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years' time

Published: Wed, 09 Sep 20

            by Joon Chong, Partner & Wesley Grimm, Associate at Webber Wentzel   The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment. One ...
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THE NETHERLANDS - CORPORATE PAYMENT SURVEY 2020

Published: Wed, 09 Sep 20

This study is the very first Coface survey on corporate payment experience in the Netherlands. Originally, this survey had been conducted between February and early-March 2020 (the first quarter of 2020, Q1 2020), with 301 participating companies located in the country. However, at the end of the survey period, COVID-19 ...
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Will Europe remain a renewable energy powerhouse after the pandemic?

Published: Wed, 09 Sep 20

Global renewable energies: continued ascension despite the COVID-19 pandemic   Paris, September 8, 2020 – The COVID-19 health crisis has had a negative impact on short-term global renewable energy development, and challenges remain in the medium- to long-term, according to a recent Coface study. ...
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Why female investors are on the rise

Published: Wed, 26 Aug 20

Research shows that certain gender-based qualities give women a natural advantage in long-term investing. Stonehage Fleming Investment Management in South Africa reported a 35% rise in female investor clients over the last four years. Client Portfolio Analyst, Marietjie Geldenhuys, agrees that women naturally possess ...
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SOUTH AFRICAN WOMEN’S INDIVIDUALISED FINANCIAL JOURNEY

Published: Mon, 24 Aug 20

Balancing work and home life has always been challenging, but our new normal has had an even greater impact on our personal lives, affecting our families, livelihoods, well-being and health. As women in South Africa, the impact has been even greater. According to the National Income Dynamics Study Coronavirus Rapid ...
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MANAGING ABSENTEEISM AND MEDICAL INCAPACITY DURING A PANDEMIC

Published: Mon, 24 Aug 20

By Anton Engelbrecht, Alexander Forbes Health Management Solutions   Employers need to formulate new strategies to manage employee productivity as a result of the Covid-19 pandemic and lockdown regulations. Scientists are still studying the effects of the coronavirus in the medium to long term, ...
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Transformation Collection During COVID-19

Published: Wed, 12 Aug 20

While COVID-19 has created havoc on society, this change can contribute to positive opportunities in the way we do business within an enterprise moving forward. Rapid Collect can assist SME's and Enterprises with their collection and payment solutions digitally. Our integrated web based systems will ...
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LESSONS FROM ROBINHOOD TRADING FRENZY

Published: Tue, 11 Aug 20

Lockdown boredom boosts risky derivatives trading   11 August 2020: Stock trading is no longer the exclusive club of the old, rich and financially astute. Whether it is down to an ever increasingly astute consumer or lockdown boredom, the amount of people taking to direct equity trading platforms is fueling ...
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Making saving a priority this Women’s Month

Published: Tue, 11 Aug 20

By Mandy Porter, Alexander Forbes senior financial adviser   Women could live to up to eight years longer than men according to research by the World Health Organization. As a result, women need to save more, for longer, to provide for a dignified retirement. Research by Stellenbosch University’s ...
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Coface reports a positive net income of €11.3m for the second quarter 2020 and continues to implement its strategic plan

Published: Tue, 04 Aug 20

Turnover for the first semester: €725m, down 0. 6% at constant FX and perimeter Client retention and new business achieve record levels, with a positive net production of €33m First effects of re-pricing are now visible (+0. 2%) Revenues from services progress by 7%, including information services ...
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Liberty Drives Hope - and places the needs of ordinary South Africans at the core

Published: Fri, 31 Jul 20

It was a desperate cry for help on Facebook. When Karen Denny, Divisional Executive for Liberty’s Digital Marketing team, first read it, her heart sank. An elderly woman had anonymously poured her heart out, searching for help after she was sexually assaulted by a relative. The woman’s family and friends ...
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Is the Covid-19 e-commerce boom here to stay?

Published: Tue, 28 Jul 20

The Covid-19 pandemic has accelerated the adoption of e-commerce in a way no company could have imagined. In fact, in many instances, it has brought 3-5-year sales projections forward in just a matter of months. “Many businesses are already living in the future,” said Gerrit Smit, Partner - Head of Equity ...
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Art as a store of value in times of crisis

Published: Mon, 27 Jul 20

During times of crisis, the appeal of collectible assets like art can intensify. Nervous of the present risks in investment markets, investors will look to include assets with a more consistent store of value in their portfolios.   Historically, average valuations across the art market have tended ...
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SAIA Successfully Holds Annual General Meeting (AGM) 2020

Published: Mon, 27 Jul 20

Johannesburg – At its first ever virtual Annual General Meeting (AGM) held on 23 July 2020, the South African Insurance Association (SAIA) successfully nominated a new SAIA Board of Directors composed of non-life insurance member companies, reinsurance companies and state-owned enterprise chief executives and ...
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POST-PANDEMIC PRODUCTION RELOCATION: AN OPPORTUNITY FOR CEE COUNTRIES?

Published: Mon, 27 Jul 20

Here are the main points addressed in this Coface study:   A favourable context Foreign trade and inclusion in supply chains had already increased for Central & Eastern Europe (CEE) in recent years, boosted by most of its countries’ decision to join the European Union (EU) in 2004. Strong ...
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Lloyd’s approves new specialised syndicate to insure transportation of COVID-19 vaccine to emerging economies

Published: Fri, 24 Jul 20

Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced the creation and in principle approval* of its newest “syndicate in a box,” Syndicate 1796, set up to insure the storage and transportation of a COVID-19 vaccine once developed to emerging economies. This ...
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Grant Maxwell to lead Alternative Risk Transfer line of business at AGCS

Published: Thu, 23 Jul 20

Grant Maxwell appointed as Global Head of Alternative Risk Transfer at AGCS reporting to Chief Underwriting Officer Corporate Tony Buckle Non-traditional risk transfer solutions increasingly important for multinational corporations Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – 23 July, ...
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GLOBAL TRANSPORT: WHAT DOES THE FUTURE HOLD BEYOND COVID-19?

Published: Tue, 21 Jul 20

Here are the main points addressed in this study (download it here)   Coface does not expect the sector to recover to fourth quarter 2019 level before 2022. In Coface’s central scenario, the turnover of listed companies of the global transport sector will be 32% lower in the 4th quarter ...
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FINANCIAL LESSONS 2020 HAS TAUGHT US

Published: Mon, 20 Jul 20

While most of us would choose to fast forward to 2021, this year has taught us many hard lessons, including financial ones. Jaco Prinsloo, Certified Financial Planner at Alexander Forbes, reflects on some of the learnings we should all take with us. Lesson 1: Debt can be scary There are few things scarier ...
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