The Group clusters continued to execute their operational strategies and delivered an overall resilient performance for the 10 months ended 31 October 2018. This is a pleasing result in the context of weak economic conditions in a number of our territories, including South Africa our largest market, and significant volatility in global investment and currency markets. The South African equity market had a particularly weak month in October.
Shareholders should note that the Circular is made available on the website for information purposes only and will be distributed to Sanlam shareholders qualifying to receive the Circular by 12 November 2018.
Sanlam announces a package of transactions to strengthen its South African operations and BBBEE credentials. This builds on a long-standing partnership with Ubuntu-Botho. Group Chief Executive Ian Kirk explains the transaction package…
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Our strategic intent is to create sustainable value for all stakeholders. We take our role and contribution to a stable financial system seriously and are committed to supporting financial resilience, wellbeing, prosperity and inclusion.
Sanlam’s strategy has remained largely unchanged since 2003. Our strategic intent of sustainable value creation for all key stakeholders remains firmly in place and is executed through four strategic pillars.
We have a committed Board that actively supports a strong executive team. Sanlam’s resilience is testimony to this leadership capability, our value system and work ethic that has stood the test of time for more than 100 years.