Is South Africa finally turning the corner on debt?
While borrowing remains substantial, improving bond yields, firmer revenue, and reduced debt-service growth suggest a more credible consolidation path.
Industry News
Increase in the VAT registration threshold
The tax regime for small and micro-businesses will also be adjusted for inflation.
Treasury signals overhaul of CIS taxation
The proposal is to reclassify all returns from collective investment schemes and retail hedge funds as capital gains.
High Court order stalls NHI roll-out until ConCourt decision
The Pretoria High Court formalises an agreement between the Presidency and NHI opponents to stay ongoing court proceedings.
Settlement clarifies interplay between disclosure and suitability in annuity advice
A settlement facilitated by the FAIS Ombud highlights that full disclosure of product terms does not, on its own, satisfy suitability obligations under the Code of Conduct.
Court clarifies boundary between NCA enforcement and Insolvency Act remedies
The High Court rejects arguments that excess transactions processed during a system error amounted to unlawful credit extension.
‘Happening at the speed of light’: AI’s impact on portfolios and advice
Jennison’s Mark Baribeau outlines a three-phase AI cycle reshaping markets. Dispersion between the winners and losers will widen – and flexibility will be critical.
Ramaphosa pauses NHI promulgation pending ConCourt ruling
The President undertakes not to bring any provisions of the NHI Act into force until the Constitutional Court rules on two cases.
SA equities still trade at a discount as global markets grow more concentrated, says Discovery
Discovery Invest’s 2026 outlook highlights improved domestic fundamentals, attractive relative valuations, and scope for rate easing.
Santam authorised to establish IFSC reinsurance office in India
The licence allows the insurer to operate as an International Insurance Office within India’s financial hub.
Trump reconfigures tariff architecture after Supreme Court ruling
For South Africa, the 30% reciprocal rate on certain exports falls away, but a broader temporary levy now applies.
Satrix launches regional ETFs to address US-heavy global indices
The Europe and Japan ETFs are positioned as allocations for investors seeking to manage US concentration within global equity portfolios.
Court resolves key costs questions in Cadac Pension Fund case
The High Court overturns an earlier disallowance of the curator’s costs and reaffirms that former trustees remain personally liable for curatorship and inspection expenses.
Tensions rise as Bonitas and Medscheme clash ahead of court showdown
Bonitas, Medscheme, and PHA trade accusations as court papers, whistleblower claims, and a CMS probe intensify the battle over medical scheme contracts.
Failed funding bid hastened HGG Financial Group’s collapse
The High Court voids the deregistration of Veritas Capital Africa, allowing HGG’s liquidators to pursue the recovery of R20.49m allegedly transferred before its collapse.
Equality Court: 2021 licence relief did not extend to FSPs
Ministerial Directives issued in July 2021 applied only to specified businesses under the Businesses Act, not to FAIS-regulated FSPs.
SARB moves to scrap prime rate as loan reference benchmark
The central bank’s consultation paper outlines a structured transition to policy-rate-based lending, with fallback protections for legacy contracts.
