The Minister of Finance responds to the Standing Committee on Finance’s call for the implementation date to be moved to 1 March next year.
TWO POTS: PROPOSED IMPLEMENTATION DATE IS NEITHER 1 MARCH 2024 NOR 1 MARCH 2025
The National Assembly’s Standing Committee on Finance (Scof) today accepted a proposal by the Minister of Finance, Enoch Godongwana, that the two-pot retirement system be implemented on 1 September next yearRead more
An entity can formalise its dormancy by way of a liquidation process or by deregistering with the Companies and Intellectual Property Commission.
The FSCA says the study will bolster its grasp on crypto asset activities, enabling the Authority to fine-tune its oversight and licensing strategies.
An affidavit from the client contradicts the bank’s version that the representative acted fraudulently.
Some 20% of the applications received by the end of October were withdrawn for various reasons.
Discovery Insure’s latest trends report reveals insights into driving behaviour, work commutes, and fuel efficiency.
The SA Reserve Bank says grey-listing is one of the reasons for the record outflows from the country’s capital markets.
Most investors believe we have entered a new era of policy and market behaviour and are adapting their strategies accordingly, Schroders research finds.
The Special Investigating Unit is also investigating millions more lost to corruption and maladministration at the Road Accident Fund.
Sales fraud, where intermediaries write-up policies without clients’ knowledge to earn commission, constituted 57% of all fraud cases in 2022.
Following the re-ratings, South Africa is now deemed to be fully or largely compliant in 35 of the 40 Recommendations.
Asisa says it is encouraging that the 2.5% to 5% drawdown rate made up the biggest income band by number of policies.
One of MBSE’s top students recommends the Advanced Certificate in Financial Planning to anyone who wants to further their studies in this field.
The barriers to uptake include affordability, inappropriate distribution models, and lack of product knowledge, Treasury says.
There are hints the president may decide not to sign the legislation into law in its current form.
Ryan van de Coolwijk, the head of cyber insurance at iTOO Special Risks, highlights the increasing adoption of cyber insurance among South African companies.