Absa analysis shows changing price, growing competition and shifting consumer preferences are redrawing traditional vehicle segments Affordability is driving a structural shift in South Africa’s vehicle market, with SUVs gaining significant ground as consumers increasingly seek competitively priced, well-equipped vehicles. An analysis of 2.56 million new and used vehicle finance applications processed by Absa Vehicle […]
As South Africa marks World EV Day on 9 September, the country’s growing adoption of electric vehicles is highlighting how dramatically vehicle technology is changing the motor body repair environment. Electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) have become an increasingly familiar sight on South African roads. Motorists are discovering that repairing these […]
From severe flooding and storms to record-breaking heatwaves, climate-related disruptions are affecting flights, accommodation providers, and transport networks around the world with increasing frequency. As South Africans prepare for their long-awaited year-end holidays and continue to travel internationally for business, these extreme weather events are adding a new dimension of risk to some popular global […]
South Africa loses nearly half (47.3%) of all municipal water supplied through leaks, infrastructure failures and other non-revenue losses, while copper theft is estimated to cost the economy more than R45 billion a year and road maintenance backlogs exceed R197 billion. Due to the increasingly interconnected nature of South Africa’s infrastructure systems, these issues rarely […]
Andrew Nkgare, Executive Head of Broker Solutions at Santam, explores how insurance intermediaries are helping businesses move beyond risk transfer towards a more proactive approach to resilience The past several years has demonstrated just how quickly separate risks can combine and amplify one another. In relatively close succession, South African businesses have had to contend […]
The conversation during National Wills Week almost always focuses on whether or not you have a valid will. For women in particular, this discussion often misses a key question: if you died tomorrow, would your family know what to do, and would your hard-earned wealth actually reach the people you built it for? Many women […]
The conversation during National Wills Week almost always focuses on whether or not you have a valid will. For women in particular, this discussion often misses a key question: if you died tomorrow, would your family know what to do, and would your hard-earned wealth actually reach the people you built it for? Many women […]
What does it mean to be the best possible custodians of our clients’ capital? To our minds, it means equipping our clients to build wealth in the long run. This is quite a broad mandate, and one that is more challenging than it appears at first glance. Markets are always changing, and not just in […]
