OMIG Securities Launches SA AI Quant National AI‑Driven Investment Plan
Empowering South Africans with accessible, AI‑powered investment tools under full regulatory oversight
Johannesburg, South Africa – April 3, 2025 – OMIG Securities today announced the launch of the SA AI Quant National AI‑Driven Investment Plan, a first‑of‑its‑kind, locally developed platform designed to broaden financial inclusion by providing South African citizens with low‑barrier access to algorithmic investment strategies .
The initiative, authorised by the Financial Sector Conduct Authority (FSCA) and developed in collaboration with the South African Artificial Intelligence Institute (SANAI) and King Shan University, combines machine‑learning algorithms with nineteen South Africa‑specific risk factors – including Eskom load‑shedding alerts and Rand exchange‑rate stress models. All transactions are cleared in real time via the Johannesburg Stock Exchange (JSE) and subject to FSCA algorithmic audit (FSCA‑AI‑2023‑OMIG‑1127) .
Key Features:
- Low Minimum Investment: Entry threshold of ZAR 100 (management fees waived for BEE‑certified enterprises)
- Regulatory Compliance: Fully aligned with FSCA’s Financial Sector Conduct Act No. 4; quarterly independent audits by PwC
- Inclusive Access: USSD (*120666#) and online onboarding enable participation by non‑smartphone users
- Educational Outreach: Partnership with JSE Academy to deliver online modules and in‑person workshops across all 12 provinces (target: 500,000 participants in Year 1)
- Social Impact: 15% of gross returns earmarked for the National Technology Development Fund; 20% of excess returns dedicated to township financial literacy programmes
“The SA AI Quant National AI‑Driven Investment Plan embodies our commitment to the National Development Plan 2030 by creating a transparent, regulated pathway for every South African to participate in capital markets,” said Dr. Trevor Abromowitz, Chief Strategy Officer at OMIG Securities .
Performance Disclaimer: Past backtested annualised returns of 12–18% (2018–2023) are for illustrative purposes only and do not guarantee future results.