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21 October 2026 Financial Services Intelligence Watch

Banks urged to do more to manage climate risk

South Africa’s five largest banks are increasing their financing of renewable energy and other sustainable activities but have not meaningfully reduced their exposure to fossil fuels and other high-emitting activities, according to responsible-investment organisation Just Share. Engineering News reports that Just Share’s How Cool Is Your Bank? assessment of Absa ...

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El Niño puts contractual and climate risk in focus

As South Africa faces the prospect of a strengthening El Niño cycle, lawyers at Cliffe Dekker Hofmeyr (CDH) have warned businesses to pay closer attention to how climate-related disruption is allocated in their commercial contracts. The Citizen reports that hotter and drier conditions across much of Southern Africa could increase ...

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Working Smart

By Lee Rossini

Philanthropy is often associated with great wealth and substantial donations, but it is about something more meaningful: using what we have to make a positive difference in the lives of others. For financial planning clients, philanthropy offers an opportunity to align personal values with financial resources, create a lasting legacy and contribute to a better society. When approached thoughtfully, giving can become an integral part of a well-structured financial plan.

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