RC 260930SAfm
Wednesday, 30 September 2026
Market Update focused on strong corporate results, the PIC’s governance reset, and economic opportunities spanning AI, small businesses, and South Africa-France investment ties.
- 18:18
The PIC reported assets under management of more than R3.6 trillion after approximately R600 billion in growth, while its CEO said governance and internal-control issues are now being addressed.
- 18:26
Capitec’s interim headline earnings rose 19% to more than R9.5 billion, with a 31% return on equity and business banking identified as a major growth opportunity.
- 18:09
David Shapiro described a two-speed global economy: booming AI infrastructure and technology investment on one side, versus high interest rates, oil prices and pressure on South African markets.
- 18:38
The South Africa-France Business Forum highlighted cooperation on water management, industrialisation, capital raising and South African companies’ access to European markets.
- 18:46
MedShield said it would focus its 2027 offering on limiting contribution increases for lower-cost options, after reducing solvency from 60% to 46% while enhancing member benefits.