Andries Mahlangu - Profile and Journalist Details
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Andries Mahlangu
Verified
Digital Business Writer, Sunday Times
Johannesburg
Beats
History , Lifestyle, Conservation , Travel, food sustainability, Environment, Diverting Waste From Landfills , Spirits
Business, technology, science, health, lifestyle
Content
By Andries Mahlangu Verified| Business Day Verified SA’s largest short-term insurer, Santam, reported a 64% surge in full-year net profit as favourable investment markets more than compensated for its underwriting margins, which came under pressure from claims related to floods in the Western Cape and other natural disasters.
By Andries Mahlangu Verified| Business Day Verified FirstRand, SA’s biggest bank by market value, posted a 6% rise in profits in the six months to end-December, boosted by top-line growth, particularly net interest income. The lender, which owns FNB, vehicle financier WesBank and Rand Merchant Bank, said on Thursday that its normalised earnings rose to R19.1bn from R17.91bn in the year-earlier period as net interest income jumped 14%.
By Andries Mahlangu Verified| Business Day Verified SA’s largest short-term insurer, Santam, reported a 64% surge in full-year net profit as favourable investment markets more than compensated for its underwriting margins, which came under pressure from claims related to floods in the Western Cape and other natural disasters.
Company Info
Sunday Times