Sanlam reports strong growth in 2024.

Loading player...
GUEST – Abigail Mukhuba – Sanlam CFO
Sanlam today reported strong growth in its 2024 annual results. Strong earnings growth, robust new business volumes and excellent investment returns underpin the increase in the Sanlam dividend declaration. The strong operational performance stemmed from continued support for the Group’s businesses by customers.
The group’s earnings growth, shareholder value creation and new business was driven by all its three growth pillars: South Africa, African economies beyond South Africa and India. Operational earnings per share increased by 26%, the group’s Return on Equity was 19.8% for 2024 (both of these figures excluding a one-off profit on closure of the Capitec relationship) and the dividend was increased by 11% to 445 cps.
6 Mar 2025 6AM English South Africa Business News · Investing

Other recent episodes

Africa’s Trade Links Strengthen; Future Geopolitical Risks Loom

Data from Standard Bank signalled significant growth in intra-African trade in the past year, showing positive moment towards the continent achieving a successful AfCFTA. However, that picture could be complicated by recent tensions in the Middle East. For more on this let’s listen in to, Philip Myburgh, Head: Trade for…
25 Mar 4PM 12 min

Ekasinomics: The business of luxury craftmanship

Lunga Ntuli, founder of LN Watches joins us on today’s feature of Ekasimoics to discuss his journey in building a proudly African luxury watch brand. His journey captures the realities local entrepreneurs face: navigating limited resources, building a market from scratch, and turning culture into commercial value.
25 Mar 4PM 16 min

Inside Your Business: Managing Middle East Risk

On today’s Inside Your Business feature with SACCI CEO Alan Mukoki — we unpack how small and medium‑sized business owners should manage and navigate the risks South Africa faces from the Middle East tensions.
25 Mar 4PM 16 min

South Africa’s central bank expected to hold interest rates

Tomorrow the South African Reserve Bank delivers its interest rate decision in what may be one of the most complicated policy weeks in recent memory. For his expectations of what may unfold, we speak to Albert Botha, Head of Fixed Income at Ashburton Investments
25 Mar 4PM 13 min

Remgro reports strong interim earnings

Despite a complex market environment, Remgro posted resilient interim results, lifting headline earnings nearly 40%. We’re joined by the CIO, Carel Vosloo, to discuss how Remgro is navigating global uncertainty while sharpening its investment portfolio.
25 Mar 4PM 12 min