Living benefits dominate claims among under-30s
Discovery’s claims data highlights how illness and disability can disrupt a young adult’s financial future long before retirement planning begins.
Author: Moonstone Information Refinery
New SARS filing feature could mean fewer verification delays
By addressing minor inconsistencies upfront, taxpayers may avoid verification delays and receive refunds sooner where applicable.
MBSE marks a milestone with first in-person graduation ceremony
As graduates celebrate their success, prospective students have until 29 June to enrol for the second semester of the 2026 academic year.
Connected data is strengthening the fight against tax evasion
Advanced data matching is helping SARS to identify businesses and individuals whose tax affairs do not align with their activities.
Tax filing season will put new security measures to the test
After concerns over profile hijackings and fraud, SARS says stronger security measures are central to its digital-first tax-filing strategy.
When a misdirected email becomes a POPIA enforcement case
The enforcement notice suggests that internal, accidental disclosures can still become reportable security compromises with formal regulatory consequences.
Tribunal draws line between enforcement powers and personal redress
The decision highlights the distinction between punishing misconduct and compensating consumers who claim to have suffered losses.
How close is South Africa to a digital rand?
While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.
Warning against investment pitches dressed up as legitimate businesses
The FSCA identifies schemes using fake affiliations, cloned identities, and unrealistic return promises to attract funds.
Treasury proposes higher levies for 2026/27
Most FSCA levies will rise by 3.2%, but retirement funds face a 15% increase in the OPFA levy, and charges are introduced for some entities.
RCR compliance falls short as June deadline looms
The FIC says fewer than 12% of accountable institutions facing the first filing deadline had submitted their returns by the middle of this month.
Fuel pushed May inflation higher, but the policy-rate outlook has shifted
The SARB still faces risks, although lower oil prices and improving supply expectations point to a less threatening inflation path than three weeks ago.
Government gives legacy financial services qualifications another reprieve
A government extension means MBSE can continue enrolling students for its FETC: Short-term Insurance and FETC: Wealth Management qualifications for another 24 months.
Preparing for COFI: ‘fair outcomes’ will be the new compliance test for FSPs
Even smaller firms will need to demonstrate fair treatment, as the regime makes proportionality a matter of scale, not exemption.
FIC finalises guidance on how to complete the 2026 RCR
PCC 60 largely preserves the draft framework but clarifies how newly registered firms must report and confirms that third parties may not submit returns.
FICA cross-border cash provisions take effect on 1 July
A proclamation brings into operation a set of dormant provisions that link cross-border cash reporting to criminal penalties and forfeiture powers.
More credit consumers turn to ombud – and more are getting results
The NFO’s Credit Division recorded a 58% jump in complaints during 2025, while recoveries for consumers more than tripled and favourable outcomes outpaced every other division.
