Strategy at a glance
We are:
Building a business for long-term growth in high-potential emerging markets…
…as a client-focused financial services group…
…to create sustainable long-term value for all stakeholders.
By:
Pursuing high-growth emerging markets in Africa and Asia
Employing a capital efficient business model
Investing in acquisitions and partnerships
Evolving for our clients and modernising our business
Maintaining a client-focused lens and strong brand affinity
Embedding purpose-led sustainability
With:
Attractive structural growth drivers in chosen geographies
A unique ecosystem of purpose-led solutions and service options
Partnership synergies for scale, reach and efficiency
Business clusters delivering clientcentric financial solutions
Data and digital transformation
Talented and engaged employees
Integrated ESG and investing for good
Measured:
RoGEV
Dividend payment
Lives touched across
Africa and Asia
> Risk-free rate +4%
2% – 4% inflation adjusted growth over a rolling three-year period
Increase the number of lives touched across Africa and Asia
Given the direct relationship between shareholder and stakeholder value creation, RoGEV is a robust forward-looking metric that combines current-year earnings compared to expectations (short term) and changes in future expected earnings (long term), to measure the long-term value we create for our shareholders by reflecting how successfully we create value for all key stakeholders.
We target inflation-adjusted dividend growth for our shareholders, which reflects our financial strength and resilience, and our ability to generate cash consistently.
A measure of how we are driving financial inclusion across our respective geographies, including product holders and their beneficiaries.
Achieved in 2024:
20,3% per share (2023: 16,7%) above hurdle rate of 15,6%
11% increase on 2023 at 445 cents
Over 92 million lives touched (2023: 79 million)
Executed through clusters
Our strategy is executed through business clusters that deliver tailored, comprehensive and client-centric financial solutions to individual and institutional clients.
SA Life & Savings
Pan-Africa
Investment Group
Santam
Asia
Group office