A rand stablecoin built for corporate treasuries has been launched just as Pretoria moves to fence those treasuries off.
Browsing: Sanlam
South African staff are among those affected, but the crypto exchange will not say how many.
Audit-driven security and fragmented tooling are leaving South African organisations exposed, cybersecurity experts warn.
Sanlam has created a dedicated chief AI officer role on its exco as it moves from experimentation to execution.
A partnership between four financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand.
MultiChoice Group’s diversification strategy is paying off in light of the dismal performance of its core pay-TV business.
MultiChoice Group will rake in R1.2-billion in cash after the planned sale of its insurance business was approved.
Sentiment about South Africa has improved since the formation of a coalition government.
Sanlam will buy a 60% stake in MultiChoice South Africa’s insurance business for an upfront cash amount of R1.2-billion.
On a risk-adjusted basis, there are more compelling stocks to buy in the relatively cheap South African market.