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The scale and pace of investment by Chinese companies across Africa is picking up, with South Africa's Standard Bank alone responsible for advising Chinese companies on recent deals worth more than R10-billion.
Banking group Absa has successfully trained the first group of financial advisers through the Absa Insurance and Financial Advisor Academy, as part of its efforts to develop skills and create jobs in South Africa's financial services sector.
Financial services group Discovery Holdings is aiming to take advantage of its unique behavioural economics business model with the launch of Discovery Insure, a new player in South Africa's R50-billion short-term insurance market.
South Africa is to inject billions of rands into fighting crime over the next year, with the funds being used to recruit more police officers, magistrates and judges, increase the number of courts and upgrade correctional services facilities.
Australian financial markets software provider IRESS Market Technology is to expand its activities in South Africa through the acquisition of local financial software solution provider Peresys for approximately R375-million.
Kgalema Motlanthe, South Africa's deputy president, looks at how African economies' resilient performance during the global financial crisis points to the continent's new place in a changing world.
South African financial services and insurance group Discovery is to acquire the UK's Standard Life Healthcare for R1.56-billion and merge it with its existing PruHealth operations, creating a new medical insurer covering about 700 000 people and attracting annual premiums of around R4.1-billion.