How South African founder Hendrik du Toit built Ninety One, which manages $240 billion
Hendrik du Toit started with an empty desk and less than R200 million in 1991. The firm he built, Ninety One, now manages $240 billion.
Sanlam
Sanlam writes its stake in Anna Mokgokong's AfroCentric down to zero
Sanlam has written its 60% stake in AfroCentric down to nil after Bonitas left, but chief executive Paul Hanratty says it will not sell.
Sanlam, backed by billionaire Motsepe, to acquire medical devices firm Medhold
Sanlam, backed by South African billionaire Patrice Motsepe, is acquiring Old Mutual’s Medhold, expanding its footprint in Africa’s fast-growing healthcare sector.
South African billionaire Patrice Motsepe-linked Sanlam sells KwaZulu-Natal shopping mall
Sanlam, linked to Patrice Motsepe, has finalized the sale of Southcoast Mall in KwaZulu-Natal, streamlining property holdings to focus on core finance.
Sanlam’s net inflows surge to $2.2 billion despite two-pot retirement withdrawals
Resilient performance showcases double-digit growth across key metrics and strong global expansion.
Sanlam completes Assupol deal, boosts lead as Africa's largest insurer
Sanlam's acquisition of Assupol bolsters its footprint in South Africa and Africa, cementing its position as a dominant insurance player.
Sanlam, backed by Patrice Motsepe, targets India's wealth management sector
The move is part of a broader strategy to capitalize on growth opportunities in one of the world’s fastest-growing major economies.
Sanlam, backed by Patrice Motsepe, posts $636-million profit in H1 2024
Sanlam, partly owned by Patrice Motsepe, reports a $636-million profit for the first half of 2024, fueled by strong performance across its diverse business segments.
South African insurer seeks $135-million stake in Patrice Motsepe's ARC FSH
Sanlam Life, a subsidiary of Africa's leading insurer Sanlam, has announced plans to acquire a 25-percent stake in ARC Financial Services Holdings.
South African top-performing executive Paul Hanratty extends term as Sanlam CEO until 2027
Hanratty extends his term as Sanlam CEO until 2027, continuing to drive the company’s global expansion and strategic growth with significant contributions to financial performance.
Backed by Africa’s first Black billionaire Patrice Motsepe, Sanlam to acquire stake in Indian insurer
Sanlam’s interest in SGIC is set to rise from 40 percent to 51 percent, and in SLIC from 42 percent to 54 percent.
South African billionaire Patrice Motsepe-backed Sanlam posts $73-million profit in 2023
Sanlam CEO Paul Hanratty, a notable figure in South Africa’s business landscape, lauded the company’s robust delivery in the face of extraordinary challenges during the past fiscal year.
South African billionaire Patrice Motsepe-backed Sanlam offers $344 million for Assupol
Motsepe, South Africa’s richest Black man with a net worth of $2.7 billion, holds a 7.8-percent stake in insurance giant, Sanlam.