Sanlam rebrands in final hurdle
The UK arm of one of South Africas largest life assurance companies, Sanlam Group, has rebranded as the group looks to mark its global growth.
Africa
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ITA grows Middle East business in Dubai
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.
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Kenya fails to meet deadlines for two DTAs
Two double taxation agreements (DTAs) involving Kenya, South Africa and Mauritius have been set back a year after Kenya failed to complete the final step in the proceeds.
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Three funds for future growth areas
Harrington Cooper’s Harry Dickinson looks at three funds that take a slightly different approach to areas with a lot of potential
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Mauritius FSC issues warning
The Mauritius Financial Services Commission has issued a warning against The Four Elements PCC, an umbrella fund structure under which there are understood to be up to 26 funds.
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Axa buys 77 stake in Nigerian insurer
The Axa Group has bought a majority stake in Nigeria based life company, Mansard Insurance.
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Offshore centres fundamental to Africas
Africa must rely on international financial centres if it is to raise the $6.1trn of direct foreign investment it requires to support the continuation of its growing economy.
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Austen Morris profile South African Adventure
“We started out in the World Trade Centre in Dubai. It was the biggest building in the region at the time and now it is the smallest,” says Wade Dawson, partner and regional manager at Austen Morris Associates’ South Africa office, as he contemplates how far the advisory firm has come during its 20-year history.
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Nikko appoints execs for Middle East
Nikko Asset Management has appointed three executives to lead its development in the Middle East, Africa, and Asia.
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DeVere expands in Africa with Zimbabwe office
DeVere has become the latest financial services player to step up activity in Africa, by expanding in Zimbabwe with a second office.
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VAM appoints business development
VAM Funds has appointed a business development manager for Africa, with a specific focus on markets outside South Africa for the first time.
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Product providers step up activity in
Strengthening economies, a burgeoning middle class and a growing expatriate market are drawing an increasing number of international product providers and IFAs to Africa.