Kaya 959 Kaya Biz

TECH & INNOVATION – EnviAfrica, insurance company for lower-middle class South Africans

Loading player...
GUEST – Lebohang Mehalane - EnviAfrica founder and executive director

A black female-owned South African microinsurance company, EnviAfrica Life, launched its first two products: life and funeral cover products aimed at the lower-middle income market. EnviAfrica founder and executive director Lebohang Mehalane told Sunday World that she was looking at launching credit life, disability and retrenchment benefits products too.

She said her company had yet to sell its life and funeral cover products to schemes or individuals, but she expected to start making sales from the start of May. Mehalane said the Financial Sector Conduct Authority approved the life and funeral cover products in October 2022. She said the product launch was key to the transformation of the financial services industry and increasing financial inclusion through the design and development of insurance products that are relevant, accessible and affordable.

edd
29 Aug 2023 4PM English South Africa Business News · Investing

Other recent episodes

Tracking South Africa’s Reform Agenda

Econometrix Chief Economist Dr. Azar Jammine breaks down the latest Operation Vulindlela progress report. We explore where reforms are gaining traction—from energy restructuring to freight logistics—and where bottlenecks remain.
28 Apr 3PM 20 min

Is SA’s Construction Sector Turning?

Economist Dr. Roelof Botha analyzes the latest Afrimat Construction Index alongside Operation Vulindlela’s reform dashboard. With construction activity rising for a second quarter, we ask whether reforms in energy, logistics, and water are finally translating into real‑world infrastructure momentum.
28 Apr 3PM 13 min

Making B‑BBEE Work for Growth

NEF General Counsel Karishma Govender joins us to unpack new research on managers’ perceptions of B‑BBEE. We explore why transformation remains essential.
28 Apr 3PM 8 min

Inside the SpendTrend26 Report

Discovery Bank CEO Hylton Kallner joins Kaya Biz to unpack the SpendTrend26 report, revealing how South Africans are becoming more disciplined, more digital, and more value‑driven.
28 Apr 3PM 17 min

Long‑Term Investing in Uncertain Markets

With global conflict, inflation swings, and rapid AI disruption, investors are feeling the pressure. Horacia Naidoo‑McCarthy from Allan Gray explains how to avoid emotional decision‑making, anchor to fundamentals, and maintain long‑term discipline when markets feel unfamiliar and unpredictable.
28 Apr 3PM 12 min
All episodes