Increase in cases of fraud and dishonesty detected by ASISA members
There was a significant decrease in actual losses involving fraudulent and dishonest life insurance claims compared with 2023.
Author: Moonstone Information Refinery
Ithala warns court ruling could shut bank before liquidation appeal
The repayment administrator and the Prudential Authority appealed a High Court ruling that allowed Ithala to continue operating while liquidation proceedings are pending.
SARB and Ibex Holdings reach settlement ending R6.3bn forfeiture dispute
The settlement agreement lifts restrictions on Ibex’s Pepkor shares, enabling the group to drastically reduce its stake.
Five long-term trends shaping the investment landscape
Allan Gray identifies five secular shifts – including the reshuffling of global consumption, booming reduced harm nicotine, and the next generation obesity-wellness wave – that savvy investors should heed.
Majority back mandatory sustainability reporting, but few feel ready
Despite high voluntary disclosure, challenges such as resource constraints and complex standards highlight the need for government-led guidance and skills development.
Labour laws set for major overhaul
From stronger retrenchment safeguards to the inclusion of gig workers under formal labour protections, proposed amendments could redefine the future of work for millions of South Africans.
Signs that consumers are becoming desensitized to high debt levels
Nearly half of South Africans dedicate more than 40% of their take-home pay to repayments – and there are indications of ‘savings fatigue’.
Moonstone Compliance takes the stress out of FSP licensing
Providers believe they can go it alone, only to be overwhelmed by the FSCA’s requirements. Moonstone Compliance provides tailored, expert guidance from start to finish.
Budget deadlock ends as National Assembly approves Appropriation Bill
The National Assembly has passed the 2025 Appropriation Bill, unlocking R2.3 trillion in government spending.
Santam set to launch Lloyd’s syndicate this year
The anticipated gross written premium for 2026 is between R6.9bn and R9.2bn.
SA edges closer to mandatory sustainability reporting under global ISSB standards
A new partnership between the FSCA and IFC signals a clear intent by regulators to align corporate disclosure rules with global sustainability standards.
Pothole crash leads to R26.6m compensation award
As a result of the accident, the plaintiff is a paraplegic and will require extensive ongoing medical treatment.
SA passport cracks top 50 for first time in a decade
South Africans can now travel visa-free to 103 destinations as the country’s passport climbs five spots to 48th on the Henley Passport Index.
Actuaries forge new path for life and health insurers to quantify climate risk
The first Mortality and Morbidity Impact Assessment Framework guides insurers through a structured approach to evaluate long-term climate-driven health risks.
Customer’s retirement savings targeted in meticulous internal fraud
The consultant bypassed the bank’s two-factor authentication and fingerprint checks to manipulate digital records and drain a client’s savings.
Scammers impersonate CEOs of VALR and JSE
The public are also warned that an entity called Mashram United Funeral Undertakers’ Compliance Organisation might be selling unlicensed insurance policies.
Courts will be able to override antenuptial contracts upon divorce
The General Laws (Family Matters) Amendment Bill will empower the courts to order fair asset transfers in marriages out of community of property without accrual.
