JOHANNESBURG - Sanlam said its shareholders had approved a package of strategic empowerment transactions that included issuing five percent of its enlarged issued ordinary shares to a new broad-based ...

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South African financial services giant Sanlam recently announced the maturing of its R14.6 billion Ubuntu-Botho BEE deal. The deal was initiated in 2004 to comply with the Financial Services Charter ...

Johannesburg - Sanlam announced on Thursday that it has reached an agreement in principle with Ubuntu-Botho Investments, led by Patrice Motsepe, to conclude an empowerment transaction that will result ...

Cape Town - The Ubuntu-Botho empowerment deal, the biggest BEE deal yet in SA, has created approximately R15bn in value from an initial investment of R1.3bn in the ten years to December 2013, Sanlam ...