Consumers fear they are running out of financial breathing room
A Debt Rescue survey suggests many households have little capacity left to absorb higher borrowing costs, adding to concerns about rising food, fuel, and electricity expenses.
Industry News
Seven-year R5.5m fraud exposes dangers of unchecked payment controls
Businesses should regularly review user permissions and payment approvals to reduce opportunities for financial misconduct.
SCA’s property rights ruling has lessons for new expropriation law
The ruling was decided under the 1975 Act, yet commentators say its constitutional principles will remain relevant when the new law eventually takes effect.
Living benefits dominate claims among under-30s
Discovery’s claims data highlights how illness and disability can disrupt a young adult’s financial future long before retirement planning begins.
New SARS filing feature could mean fewer verification delays
By addressing minor inconsistencies upfront, taxpayers may avoid verification delays and receive refunds sooner where applicable.
High Court upholds medical schemes’ recovery powers
The ruling preserves a key anti-fraud tool that industry bodies say protects member funds and helps contain healthcare costs.
Connected data is strengthening the fight against tax evasion
Advanced data matching is helping SARS to identify businesses and individuals whose tax affairs do not align with their activities.
Tax filing season will put new security measures to the test
After concerns over profile hijackings and fraud, SARS says stronger security measures are central to its digital-first tax-filing strategy.
When a misdirected email becomes a POPIA enforcement case
The enforcement notice suggests that internal, accidental disclosures can still become reportable security compromises with formal regulatory consequences.
How close is South Africa to a digital rand?
While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.
Treasury to decide on basic income policy by July, MPs told
The Social Relief of Distress grant might be extended while a new policy is finalised.
Warning against investment pitches dressed up as legitimate businesses
The FSCA identifies schemes using fake affiliations, cloned identities, and unrealistic return promises to attract funds.
Fuel pushed May inflation higher, but the policy-rate outlook has shifted
The SARB still faces risks, although lower oil prices and improving supply expectations point to a less threatening inflation path than three weeks ago.
More credit consumers turn to ombud – and more are getting results
The NFO’s Credit Division recorded a 58% jump in complaints during 2025, while recoveries for consumers more than tripled and favourable outcomes outpaced every other division.
From fraud listings to repossessions: inside the credit ombud’s case files
The NFO’s case studies show how disputes over evidence, process failures, and consumer rights can escalate into costly battles between credit providers and customers.
Scammers pose as bank officials in R21.5m heist
An urgent preservation order blocked the proceeds from being moved while investigators pursue a criminal case and forfeiture proceedings.
Alexforbes’ pivot to independent advisers starts paying off
Strong retail flows, rising adviser numbers, and expanding support capabilities suggest the group’s push to win over IFAs is beginning to deliver measurable results.
