Naked Insurance strips out underwriting profit – Business Day

Naked Insurance, a Hollard-backed start-up, has become SA’s first operative insurer to relinquish underwriting profits through a business model that co-founder Alex Thomson says solves the “conflict of interest” inherent in insurance firms. Justin Floor comments. view article

Munro expects big things from Liberty – Business Day

Liberty CE David Munro launched straight into a turnaround-strategy speech at Friday’s results, assuring investors the insurer had “all the ingredients for success” as it reported its second consecutive double-digit drop in full-year earnings. Justin Floor comments. view article

Dividend fails to light up BAT – Business Day

Cigarette giant British American Tobacco (BAT) failed to ignite market sentiment despite dividends for the year to end-December increasing 15% to £1.95 a share and a blazing outlook for the group’s new products for smokers. Dirk van Vlaanderen comments. view article

Market approves of Massmart results – Business Day

Retail and wholesale group Massmart’s share price surged almost 9% after the group delivered a surprisingly satisfactory set of annual financial results despite battling weak consumer confidence. Dirk van Vlaanderen comments. view article

Miners' mixed blessing – Financial Mail

Gold miners have mixed feelings about the presidency of Cyril Ramaphosa. It could usher in a more investor-friendly mining regime, but at the same time, hopes that SA will be better managed have caused the rand to strengthen. Mandi Dungwa comments. view article

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