SANLAM: FOLLOW THE MONEY

Fresh from the economic boom of 2005, pockets heaving with R10bn in proceeds from selling Absa Bank, Sanlam decided to enter the Indian insurance market with a "small investment". Former chairman Roy Andersen said the country promised significant growth.

Do the names Ruth Leas, Marc Kahn, Cumesh Moodliar, Lyndon Subroyen, and Mark Currie ring a bell? If not, let’s get acquainted with them (+ their pockets).
And unlike Standard Bank, we are talking rewards, instead of salaries + incentives.

2025'S REAL WINNERS (and it's not who you think)

We all assume Standard Bank's executives are ridiculously well paid.
Envy-worthy, even.

But have you seen Investec? And I'm not talking about Fani Titi.

News24 followed up on Chibiya's whereabouts yesterday. It turns out Kenny Fihla did not fire Chibiya, but demoted him to head the group's East African operations - including Kenya, Tanzania, Uganda and the Seychelles - from 1 January 2026.
news24.com/business/com...

Ooh, why do we think we know who
Absa's new CEO for personal and business banking is?
Another raid on Standard Bank talent Kenny? Tut tut.

Ooh, why do we think we know who
Absa's new CEO for personal and business banking is?
Another raid on Standard Bank talent Kenny? Tut tut.

"I DON'T MAKE MY MONEY THROUGH UNLAWFUL METHODS!" - JOHN COPELYN

Hosken Consolidated Investments (HCI) boss John Copelyn has fired back at Aktiv Investment Management, saying HCI does not make decisions based on his personal finances and he does not make money illegally.

And then today's post was about the hilarious cat fight, via open letter, between Hosken Consolidated Investments (HCI) and Aktiv Investment Management, which has, erm, "questioned" HCI's raison d'etre and pushed for an unbundling. Just look at this Substack: aktivinvestmentmanagement.substack.com

DID ABSA'S KENNY FIHLA QUIETLY FIRE SAVIOUR CHIBIYA?

Interesting how some of the biggest stories are missed not because they’re hidden — but because they’re *uncomfortable*.

For now, Twitter's horrid new terms of service has forced us to abandon our (very new) account there and transfer content here.
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Hi BlueSky. We are WankersZA, a team of gossips (🤭) in South Africa's financial services field.
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