SARB revises near-term inflation higher, shifts rate bias amid oil shock
Baseline inflation is seen peaking at 4% in Q2, with scenario analysis pointing to possible rate hikes if second-round effects emerge.
Author: Moonstone Information Refinery
Discovery updates RA range with new products and revised structures
The products feature tiered fees, contribution boosts, and integration benefits, subject to defined terms and conditions.
Medscheme secures Sisonke administration mandate
The appointment strengthens Medscheme’s foothold in the employer-based healthcare sector.
SARS says poor employer data is disrupting auto-assessments
As third-party submissions open, SARS urges employers to file early and accurately or risk triggering errors, delays and taxpayer verifications.
JSE flags ‘recurrent non-compliance’ in KOBWA censure
The JSE issues a public censure and suspended fine after the Komati Basin Water Authority again failed to publish a required SENS announcement on time.
UPDATED | Minister gives notice of COFI’s ‘introduction’ in National Assembly
Treasury takes the next step in financial sector reform.
Direct marketers on notice as CPA spam rules become law
Consumers can now block unsolicited marketing through a national registry, with strict new rules and penalties for marketers who fail to comply.
New regulations will bring crypto into exchange control framework
National Treasury releases the draft Capital Flow Management Regulations to replace the Exchange Control Regulations.
IRBA bans VBS audit partner, hits him with R10.8m penalties
IRBA imposes a lifetime ban, maximum fines and full cost recovery after finding the VBS audit was riddled with missed red flags and undisclosed conflicts.
PSG earnings rise 33.5% as markets boost performance fees
PSG Financial Services reported strong earnings growth, supported by favourable market conditions and higher performance fees.
Fuel levy dispute before the courts as consumers brace for higher prices
Temporary fuel levy relief ends on 5 May as pressure builds at the pumps. The High Court case will test whether the minister can adjust the levy without Parliament.
SCA clarifies RAF liability: ‘any person’ includes illegal foreigners
Neither the RAF nor the Minister of Transport can limit who qualifies for compensation under the Act.
AFU restrains R43.9m in assets linked to alleged investment scam
The NPA says the order follows arrests in a fraud investigation targeting victims across multiple jurisdictions.
Tribunal upholds PA decision on bank’s ‘simulated’ capital transaction
The FST dismisses African Bank’s application to overturn a directive to reverse a R685m intra-group transaction, finding it lacked commercial substance.
Actuarial study finds no single model resolves RAF challenges
A comparative study of three compensation models finds that combining elements of each may provide a more balanced solution.
Investment performance drives PPS member payouts to record levels
The mutual insurer reports R5.56bn in investment returns compared with R1.32bn in operating profit, while higher claims put pressure on underwriting performance.
Claim dismissed after decade-long delay in Discovery Life dispute
A disability claim was paid, then disputed on non-disclosure grounds. Years of stalled litigation meant the court dealt with the case on procedure, not substance.
