Public Notice: South Atlantic Asset Management (Pty) Ltd

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) would like to inform members of the public that it has cancelled South Atlantic Asset Management (Pty) Ltd (South Atlantic)’s licence to operate as an Asset Manager.

The effect of this cancellation is that South Atlantic is prohibited from offering asset management services, including the on-boarding of new clients with respect to activities falling under the supervisory purview of NBFIRA.

For further clarification, please contact NBFIRA on 3686100 or 3102595.

Oduetse A. Motshidisi

Chief Executive Officer