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.
Industry News
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.
Alexforbes named SA Manager of the Year at Raging Bull Awards
Sasfin and Sygnia were the runners-up.
SCA dismisses RAF reconsideration bid in unpaid medical claims dispute
The Supreme Court of Appeal confirms that 181 unchallenged court orders obtained by Sunshine Hospital remain enforceable.
AfriForum serves summons in constitutional challenge to NHI Act
The summons argues the NHI Act limits patient choice, centralises provincial health functions, and lacks sufficient financial and institutional feasibility.
Fund ordered to compensate member for delayed pension payments
The Pension Funds Adjudicator finds that prolonged administrative delays caused material prejudice to the member.
Labour Appeal Court draws a firm line: dismissal does not void a restraint of trade
The Labour Appeal Court confirms that termination – even for misconduct – does not extinguish a restraint of trade, unless tainted by fraud or bad faith.
Covid SRD grant extended pending regulatory amendments
Draft amendments to the SRD Regulations have been published to give effect to the grant’s continuation from April 2026 to March 2027.
Directors, step back: courts shut the door on DIY legal representation
The judgment delivers a warning to directors: act as your own lawyer without court approval, and your case may be struck out with costs.
