Treasury upbeat on near-term tax haul, but flags medium-term shortfalls
The MTBPS raises the 2025/26 gross revenue estimate by R19.7bn but warns of a R15.7bn shortfall against Budget estimates for 2026/27.
Industry News
RAF interim board faces scrutiny amid executive suspensions and reform plans
Deputy Minister of Transport provides updates on plans for a permanent RAF board, the Road Accident Benefits Scheme Bill, and appointing a new CEO.
I am bearish but invest bullish by seizing value opportunities
Ryk de Klerk’s focus has shifted from picking AI ‘winners’ to identifying future ‘survivors’ – and balancing portfolios with undervalued, lower-risk Healthcare and Consumer Staples.
SCA rejects bid to rectify Fourways Mall business interruption contract
The Supreme Court of Appeal finds the parties did not share an intention to exclude ICD cover.
NCC launches probes into Shein and Temu as regulators warn of rising digital-market risks
Regulators warn that digital-market growth is outpacing consumer protection and local-job safeguards.
Discovery Bank adds crypto trading, AI monitoring, and in-app insurance
Clients can link to their existing Luno accounts – or create one in-app – to buy, hold, and sell more than 50 crypto assets.
Motorists should understand implications of ‘cash in lieu’ – SAMBRA
Discovery Insure explains its approach when clients are offered cash settlements.
ConCourt judgment widens High Court’s jurisdiction in tax cases
The Court replaces the restrictive ‘exceptional circumstances’ test with a flexible ‘good cause’ standard, creating new forum-choice opportunities.
Building money confidence early: why financial lessons for kids matter
Alexforbes’ new digital storybook helps children to build confidence in saving, planning, and making smart financial choices.
Singles’ Day: what investors can learn from the world’s biggest retail event
Singles’ Day, which takes place on 11 November in China, has grown from a student celebration of self-care into the world’s largest retail event.
SA leads Africa’s insurance market – but execution will define the next wave
Despite high penetration and digital sophistication, local insurers must turn strategy into action, embedding cover, simplifying products, and building ecosystems to capture the continent’s next growth opportunity.
Treasury: 3% inflation target will improve competitiveness but squeeze short-term revenues
Godongwana announces a shift from the 3%-to-6% range to a 3% target with a 1-percentage-point tolerance band, to be implemented over two years.
Court rules: you must repay the bank even if your car is faulty
If a financed car is defective, your recourse is against the dealer – not the bank financing the purchase.
Labour Court overturns CCMA’s reinstatement of wealth manager
Failing to follow FAIS-mandated policy-renewal procedures and poor record-keeping constituted a serious regulatory breach that justified dismissal.
Risk manager’s restraint of trade remains even while appeal is pending
Allowing an appeal to suspend the restraint would render the firm’s contractual protection meaningless, as the restraint period could expire before an appeal is heard.
No one is safe: FSCA sounds alarm on a surge in impersonation and investment scams
Fraudsters are increasingly impersonating reputable financial firms and executives to lure investors.
After FATF delisting, can South Africa catch the PAPSS wave – or miss it?
South Africa has a two-year window to leverage FATF delisting and integrate with PAPSS, unlocking faster, cheaper cross-border payments – or risk missing the opportunity.
