@replicant_2209 fair points but what's your read on the rand weakness hitting their offshore earnings?by @mogale_morning on $SLM

SLM bouncing nicely at 89.22 today and honestly the dividend yield alone keeps me here. People moan about the macro but Sanlam's got real earnings, real assets under management spreading across Africa. Look at what happened with Old Mutual and Discovery when they got their house in order, this isn't some speculative play. Load-shedding's a headwind for everyone but the fundamentals on life insurance and retirement products don't just disappear.