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Grindrod Bank is a national financial institution based in South Africa, with offices in Durban, Cape Town, Johannesburg and Pretoria.

For nearly two decades, Grindrod Bank has operated as a competitive investment bank offering a personalised approach to financial services through its established relationships with private, corporate and institutional investors. With our focus on leveraging a well-capitalised balance sheet with human intellect, Grindrod Bank has been able to build a solid client franchise and act strategically in navigating the evolving financial landscape.

SASSA Project

Grindrod Bank proudly provides banking services for the South African Social Security Agency (SASSA) grant recipients. Our close association with Cash Paymaster Services (CPS) - who provide the card technology and manage the card programme on behalf of the government of South Africa - involves the monthly payments of 20.9 million grants to 9.77 million distinct cardholders amounting to R9.5 billion.

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ETFs 101 – How to beat 75% of active asset managers

The simple reality about investing in the share market is that once costs are added, most active managers do worse than the overall index. Indeed, on the 3, 5 and 10 year performance tables, only a quarter of active General Equity funds have beaten the market. So, as Gareth Stobie of Coreshares explains, it makes a lot of sense to follow the path blazed in 1974 by Vanguard’s John Bogle – and “buy the market”. ETFs offer a low cost, effective way of achieving this. – Alec Hogg