Peter Moyo loses final legal battle against Old Mutual
Constitutional Court refuses the former chief executive’s application for leave to appeal in his claim for R250m in damages.
Industry News
‘Unparalleled’ co-operation is needed to exit FATF grey-list
The Commissioner of the FSCA shares his thoughts on South Africa’s battle against money laundering and the road to regaining international trust.
Underwriting actions are bearing fruit, says Santam
Interim profit from conventional insurance almost doubles despite significant claims for fires, floods in the Western Cape, and earthquakes in Türkiye.
GIBS publishes anti-corruption guide for companies
The working guide proposes 38 central principles that a company can incorporate into an anti-corruption policy.
Opposition MPs criticise Sarb for ‘narrow’ Phala Phala investigation
Bringing foreign currency into the country is regulated by the customs and excise legislation and falls under Sars, Kganyago tells MPs.
It’s ‘Back to the Future’ at this year’s FPI Professionals Convention
The theme of this year’s convention reflects how the recent past will inform the future, accelerating the use automation, open AI, and digital evolution in financial planning.
CMS calls for comprehensive investigation into Mediclinic billing fraud allegations
The regulator says the funds should be returned to the affected medical scheme members.
Health Squared’s liquidators call for submission of claims
The claim form, together with supporting documentation, must be delivered to the liquidators’ office in Pretoria.
Why I currently favour tangible assets over financial assets
The upside risks to industrial commodity prices are gathering momentum.
Cracked solar panels could give farmers a break from thieving
An Eastern European company is manufacturing solar panels that appear broken, so thieves won’t be tempted to steal them. But where might this end?
BRICS discussion on dollar dominance ‘a good debate to have’
PSG chief investment officer Adriaan Pask analyses the potential shift in global currency dynamics post the BRICS Summit.
South Africa’s insurance industry faces an uphill battle
Aon’s 2023 State of the Market Report unveils troubling trends as South Africa’s insurance landscape grapples with various challenges.
Will insurtech disruptors topple insurance giants?
Old Mutual Insure’s chief commercial officer weighs in on the trends set to define the short-term industry over the next decade.
Medical schemes body loses urgent contempt-of-court application against CMS
The latest round of litigation between the Board of the Healthcare Funders and the CMS over low-cost medical schemes.
Beware of chancers: FSCA issues warnings against dubious operators
From individuals impersonating the FSCA to falsely presenting themselves as legitimate FSPs, alleged fraudsters are coming at consumers from all sides.
Embracing AI in insurance: the path to innovation and survival
Stephen van Niekerk, executive head of Momentum Myriad, shares lessons learned following the launch of a “first-in-industry innovation” life insurance product and how artificial intelligence (AI) will fuel the insurance industry.
