Sanlam profits up 10% (boosted by strong offshore showing)

Sanlam profits rose 10% in the year ending on 30 June on the back of a strong offshore showing, the insurance behemoth reported on Thursday.

Diluted headline earnings per share came in at 248.6 cents.

The Money Show’s Bruce Whitfield interviewed Ian Kirk, Sanlam Group Chief Executive Officer.

Listen to the interview in the audio below (and scroll down for quotes from it).

Size helps… It’s important, but it’s not everything.

Ian Kirk, Sanlam

I am concerned [about the recession]… The first quarter things picked up a bit… Second quarter… confidence has really turned quite negative… It should be a concern for all South Africans… people are hungry, we need to deal with these issues.

Ian Kirk, Sanlam

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Sanlam profits up 10% (boosted by strong offshore showing)


Recommended

by NEWSROOM AI
Read More
Tax ombud to probe Sars – yet again - after taxpayers complain

Tax ombud to probe Sars – yet again - after taxpayers complain

The Money Show’s Bruce Whitfield interviews Adv. Eric Mkhawane, CEO at the Office of the Tax Ombud.

The businesses that boomed and went bust on Business Unusual

The businesses that boomed and went bust on Business Unusual

Predictions, products and personalities featured in "Business Unusual" in the last three years.

Got debt? Why the Sarb probably won't have a nasty surprise in store on Thursday

Got debt? Why the Sarb probably won't have a nasty surprise in store on Thursday

To hike interest rates, or not to hike interest rates? Bruce Whitfield interviews Standard Bank Chief Economist Kevin Lings.

Hits from the bong (it’s legal!)… then off to work I go?

Hits from the bong (it’s legal!)… then off to work I go?

The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.

The ANC cannot claim innocence - Mahlatsi Mahlase (Sanef)

The ANC cannot claim innocence - Mahlatsi Mahlase (Sanef)

The Money Show’s Bruce Whitfield interviews Mahlatsi Mahlase of the South African National Editors Forum (Sanef).

FNB grows to 8.1 million customers (boosting FirstRand profits to R26 billion)

FNB grows to 8.1 million customers (boosting FirstRand profits to R26 billion)

The Money Show’s Bruce Whitfield interviews FirstRand CEO Alan Pullinger.

Popular articles
Don't blame racism on illness says Eusebius

Don't blame racism on illness says Eusebius

Eusebius McKaiser says it is not unethical for the media to accurately quote the word k***ir if it was used by someone.

Kylie Jenner tries cereal with milk for the first time

Kylie Jenner tries cereal with milk for the first time

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

 'What is a mere six babies?' exclaims a horrified Bongani Bingwa

'What is a mere six babies?' exclaims a horrified Bongani Bingwa

Breakfast Show Host Bongani Bingwa shares his views on the deaths of six babies due to Klebsiella outbreak.

Hits from the bong (it’s legal!)… then off to work I go?

Hits from the bong (it’s legal!)… then off to work I go?

The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Prof Jonathan Jansen sings Volmink's praises as Dan Plato is elected to lead the City of Cape Town taking over from De Lille.

Key things to consider ahead of your retirement

Key things to consider ahead of your retirement

If you’re a baby boomer on the brink of retirement, here are a few things to consider ahead of time.