Why business insurance must be reviewed and updated regularly
The financial fall-out from a policy that is not up to date only becomes clear when a claim is submitted, and it is repudiated or not paid out in full.
Author: Moonstone Information Refinery
Man defrauds Santam while in prison for defrauding Mutual and Federal
Oudtshoorn Regional Court sentences husband to 26 years’ imprisonment and his wife and accomplice to 7 years for a ‘well-planned scheme’.
Indiberries & Co goes to ground after FSCA warning
The “investment platform” claims to offer investment opportunities in berry farming ventures while promising returns of up to 45% a month.
Amendments proposed to clarify attachment of living annuities and trust assets
The South African Law Reform Commission releases its final report containing recommendations on changes to the Maintenance Act.
Discovery reports surge in chronic diseases, urges annual check-ups
Discovery Health Medical Scheme reports that the rate of annual health checks exceeded pre-Covid levels in 2023.
South Africa eyes stricter reporting laws for cross-border cash movements
Once the draft amendments to the Money Laundering and Terrorist Financing Control Regulations are enacted, failure to submit the required Cash Conveyance Report could lead to imprisonment for up to 15 years or fines of up to R100 million.
Reana Steyn appointed to lead new National Financial Ombud scheme
The role of the NFO is to aid financial customers to obtain redress for alleged unfair treatment by financial product or service providers.
Education is key to improving your job prospects amid rising unemployment
Upskilling makes it more likely that you will land a job and advance your career. Here is what you should consider when choosing where to study online.
Biggest institutional fund managers in South Africa
Alexforbes’ Manager Watch provides key insights into the country’s asset management landscape.
Why insurance should be factored into the cost of buying a car
Maxing out your budget on car repayments without considering the cost of insurance may result in an unexpected financial shortfall every month.
Working from home isn’t going anywhere anytime soon, research finds
Flexible working is still one of the top motivators for job seekers, as more people seek a better work-life balance.
KPMG says its forensic investigation uncovered R16.5m bursary fraud
The auditing firm says, according to its records, no bursars have been left out of pocket.
Judge compares Odendaal’s court order request to Oliver Twist’s ‘more’ plea
The late Markus Jooste’s alleged romantic partner has applied to the SCA for permission to appeal the High Court’s ruling that effectively bars her from accessing a monthly living allowance of R150 000.
Sanlam to take controlling stakes in its insurance JVs in India
The group believes its partnership with Shriram will enable it to benefit from India’s growing economy and burgeoning population.
Absence of explicit ‘notice of intention to debar’ not procedurally unfair
Medsafu’s letters alerted the applicant that the outcome of the process may include debarment, the Tribunal finds.
Satrix wins 10 listed tracker awards, but not for performance
Most of the SALTAs for performance went to 1nvest, First National Bank, and Union Bank of Switzerland.
No death certificate, no benefit pay-out for wife
A missing person’s affairs are in legal limbo until a death certificate is issued or the High Court makes a presumption of death declaration.
