Last year, at the height of the pandemic, many businesses were forced to make remuneration cuts to salaries of employees, with the first casualty often having been occupational retirement savings vehicles. This resulted […]
Last year, at the height of the pandemic, many businesses were forced to make remuneration cuts to salaries of employees, with the first casualty often having been occupational retirement savings vehicles. This resulted […]
“SARS has awarded itself a 30-day interest-free holiday on taxpayer money.” According to Moneyweb, the law now allows the revenue service to reduce the amount of interest it must pay a taxpayer in […]
Do you, as an employer, understand why you are paying a Skills Development Levy (SDL)? Do you know that this gives you access to funds for training? Many business owners just see it […]
While payment holidays and lower interest rates provided South African consumers with significant short-term relief in 2020, DebtBusters’ latest debt index shows that real incomes have shrunk by up to 20% over the […]
A recent media release sets out the FSCA’s current position on certain aspects of Contingent Business Interruption Insurance (CBI) cover as well as its expectations of non-life insurers and policyholders in respect of CBI […]
Every year the Raging Bull Awards, hosted by Personal Finance, honours the leaders of the collective South African investment schemes industry. Up for grabs this year were 30 certificates for the best funds […]
A Deloitte survey last year determined that Internet-connected offerings, such as motor telematics and home insurance linked to home sensors, cause apprehension among many customers, as they do not feel comfortable sharing data […]
As South Africa received the first batch of Covid-19 vaccines that are expected to help the country’s efforts to stem the Covid-19 virus, medical aid umbrella bodies assured members that their medical scheme […]
Although COVID-19 has created greater awareness of the need for life insurance, consumer spending power has reduced significantly. Add to this the increase in death and funeral claims as well as the impact […]
“The days of wealthy taxpayers’ tax compliance status not being fully tested by SARS are well and truly over,” Peter Dachs, head of ENSafrica’s tax department writes in Business Day. According to SARS […]
Following the legal certainty it sought on business interruption claims, it is to be hoped that the FSCA will follow the example of the UK regulator in quickly setting guidelines and principles for […]
Given the unprecedented disruption caused by the coronavirus outbreak, it is no surprise that business interruption and the pandemic outbreak top the 2021 Allianz Risk Barometer, an annual survey on global business risks […]
The global pandemic has caused disruptions to economies around the world. While the most devastating effects of the disease have been the number of infections and deaths, its economic consequences cannot be understated. […]
“Critics of the report fail to understand the findings. The report DOES NOT say legitimate investigations of wrongdoing is racist because it identified more black wrongdoers, it says, the med schemes have not […]
A Sanlam independently commissioned survey on educational savings in South Africa showed that most participants save under R20 000 for education a year. Once school fees are deducted, that leaves little wiggle room […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 30 September 2020. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes […]
