Open medical schemes yet to regain beneficiaries lost during lockdown
Lives covered by open schemes declined in 2021 despite the increase in the number of principal members.
Author: Moonstone Information Refinery
Most health facilities aren’t ready for NHI, says Health Ombud
Only one province seems have ‘got its act together’ when it comes to serving the population, Parliament told.
State can’t meet SA’s social and economic needs, says FirstRand’s chairperson
It’s time for the government to admit that collaboration with the private sector is the key to development and growth, says Jardine.
Guidance for accountable institutions on the risks of financing weapons of mass destruction
FIC makes recommendations on the adoption of a risk-based approach to mitigate the risk of proliferation financing.
Research report advises South Africans to prepare for grey-listing
There is an 85% probability that South Africa will be grey-listed by the Financial Action Task Force (FATF) in February next year, mainly because institutions in the criminal justice system were undermined during […]
Sanlam seeks controlling stake in AfroCentric
Sanlam announced this week that it has submitted a letter to the board of AfroCentric Investment Corporation Limited (AfroCentric), expressing Sanlam’s intention to acquire AfroCentric shares that would result in Sanlam acquiring a […]
What assembling my son’s trampoline taught me about financial planning
Gavin Smith CFP® has been a financial planner for 10 years. But a recent experience with a mail-order trampoline was something of a Eureka moment for him. My wife and I became parents […]
FSCA launches survey of FSPs’ understanding of financial soundness
Recordings of the Authority’s recent workshops on financial soundness are available on YouTube.
Update from Health Squared’s provisional curator
Members who migrated to other medical schemes can only ask for waiting periods to be waived.
Judge Bernard Ngoepe ends his nine-year tenure as Tax Ombud
CEO Thabo Legwaila named as the acting ombud for three months.
FSCA publishes conduct standard on third-party cell captive insurance business
The FSCA has published a conduct standard setting out the requirements relating to third-party cell captive insurance business. Conduct Standard 2 of 2022 (INS) came into operation on 1 October and applies immediately […]
Rationale for publishing the conduct standard on cell captive insurance business
The following is an extract from the FSCA’s statement explains the need for, the expected impact of, and the intended operation of the conduct standard on third-party cell captive insurance business. Enhancements to […]
High Court judgment is not the end of the dispute over 3Sixty Life’s curatorship
3Sixty Life has registered its intention to appeal against the High Court’s decision to place the underwriter under final curatorship. The High Court also cancelled the appointment of Yashoda Ram as 3Sixty Life’s […]
Why Capitec applied for its own life insurance licence
The Prudential Authority (PA) has granted Capitec a licence to conduct life insurance business in South Africa, Capitec announced this week. A subsidiary of Capitec Bank Holdings, Capitec Ins. Pty Ltd, has been […]
Grey-listing is unavoidable, says head of Financial Intelligence Centre
The country has failed to deal with corruption and state capture, Xolisile Khanyile tells newspaper.
FIC helped to recover 51% more in proceeds from crime
But blocked 66% less as suspected proceeds of crime in 2021/22.
FAQ document for Constantia Insurance policyholders looking for answers
Unfortunately, the answers, including those where vehicles are at repair shops, will probably not bring them much cheer.
