SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION

Secondary

Author Archive | Janine Geldenhuys

finance-laws

Appointment process at FSCA reviewed – Interim Commissioner appointed

The Minister of Finance has published amendments to the Financial Sector Regulations in terms of sections 61(4), 288 and 304 of the Financial Sector Regulation Act No.9 of 2017 (FSR Act). “… weaknesses in the regulations have delayed the process to complete the appointment process, and necessitated amendments to the regulations,” the statement reads. The […]

Continue Reading
highjacking

Vehicle recall scam alert – How it works

The Insurance Crime Bureau (ICB) previously issued a vehicle recall scam alert following a significant increase in the number of cases. It seems that this scam is still active and here is some important information on how it works: 1. A person posing as an employee of a vehicle manufacturer or dealership (referred to as […]

Continue Reading
covids

Debt levels and Covid-19 – Is the worst yet to come?

DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, says that net incomes have declined in real terms and consumers are supplementing this by borrowing heavily, especially using unsecured loans. Ask […]

Continue Reading
Banner: Videosign – Horizontal

covid

Fintech Vision for South Africa – Progress update and Covid-19 impact

Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the sector. One of the recent deliverables of IFWG is a document that provides a forward looking, high-level vision for South Africa’s Fintech […]

Continue Reading
awards

Investment Analyst Awards – Financial Mail and IAS winners announced

Financial Mail Top Analysts Last week, the 51 awards in the 45th annual Financial Mail Top Analyst Awards were announced. This recognition, in association with Iress, the JSE, and the CFA Society South Africa, recognises and awards South Africa’s top analysts in the institutional stock broking industry. “It’s been a remarkably challenging period for analysts, […]

Continue Reading