Sygnia’s profits surge as low-cost offerings pay off

The group has raised its dividend for its 2020 year by more than three quarters, but warns that Covid-19 has brought SA to a ‘precipice’

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Specialised financial services group Sygnia, which was founded by Magda Wierzycka, said its focus on low-cost investment products paid off in its year to end-September, with profits rising almost two thirds even as volatile market conditions hit its competitors...

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