Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent. This combination means that customers across Africa will benefit from the expertise and financial strength of two respected and well-known brands. 

The Johannesburg Stock Exchange (JSE), has announced its intention to amend the JSE Listings Requirements to enable the listing of actively managed exchange-traded funds (ETFs). Actively managed ETFs are different from passive, index-tracking ETFs. The fund managers who run actively managed ETFs choose shares and make regular trades to generate returns for investors. 

Shares in aReit Prop Limited (aReit), a property group holding leasehold properties with a focus on the hospitality and medical sector, started trading today on the Johannesburg Stock Exchange (JSE)’s Main Board, allowing investors to gain exposure to the property ​market without the normal exposure to property related expenses, risks and debt.

MTN (JSE:MTN, NGX:MTNN) today became the first African company to enter the metaverse by purchasing land in Africarare.