Rand Strength, Higher India Rates Spur 22% Drop in Sanlam Profit

Rand Strength, Higher India Rates Spur 22% Drop in Sanlam Profit

Sanlam Ltd. profit dropped as weather-related claims in South Africa grew and strength in the rand trimmed the translated value of earnings from its businesses outside of its home market.

Sanlam Ltd. profit dropped as weather-related claims in South Africa grew and strength in the rand trimmed the translated value of earnings from its businesses outside of its home market.
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Bloomberg — Markets (EN)




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