Thursday, 3 September 2026

The Health Funders Association proposed phased mandatory medical aid for higher earners, saying an additional nine million members could reduce contributions by 30%; a risk-equalisation fund was also recommended.

Discovery Bank reported a R370 million profit, with Adrian Gore targeting R3 billion by 2029; a broader “Super Bank” platform is due to launch on 1 October.

Impala Platinum’s headline earnings surged from about R700 million to nearly R23 billion, enabling almost R17 billion in dividends, while production is expected to remain broadly flat.

Western Cape unemployment was put at 19.5% versus 47.5% in the Eastern Cape, with red-tape reduction, stronger governance and reliable infrastructure identified as key SME advantages.

Investment experts advised choosing managers on long-term, repeatable performance, team depth, process and alignment—not recent returns—and urged patience when a manager remains true to its strategy.