JIBAR transition enters legislative phase
A Bill before Parliament would give the SARB a statutory mechanism to address legacy contracts that still reference JIBAR when the benchmark ceases at the end of 2026.
Industry News
OUTsurance’s Danie Matthee takes the helm at SAIA
The new leadership team takes charge as the non-life insurance sector navigates climate risk, infrastructure challenges, technological change, and a persistent protection gap.
Insurer cannot diagnose non-disclosure with hindsight
The doctor’s medical knowledge did not allow Discovery Life to rely on developments he could not reasonably have known about when applying for cover.
Why ‘ever’ matters when answering insurance questions
A fraud-related cancellation almost 15 years earlier cost the policyholder his tornado claim because he failed to disclose it when applying for cover.
Your client’s email is hacked. You make the payment. Who pays?
Practical steps for FSPs and their clients to spot, verify, and prevent fraud before a compromised email becomes a costly payment.
Global medical cost growth is cooling. Why isn’t South Africa’s?
Global medical cost growth is easing, but South Africa’s rate remains high – putting medical schemes under pressure to balance rising healthcare costs with affordability in 2027.
Treasury moves to lock fiscal strategy into law
The proposed framework would require future administrations to set out fiscal plans consistent with sustainable public finances and a declining debt burden.
Warning against an ‘install and forget’ approach to home solar
About 24% of Fire Ops SA’s structural-fire call-outs since January were linked to alternative-power equipment.
Treasury calls July municipal intervention a success – but the bigger fix is still ahead
The funds were released despite incomplete compliance, with municipalities now subject to structured programmes and deadlines aimed at correcting financial and governance failures.
Court draws line between BEE licensing and property regulation
The High Court invalidated the BEE certificate condition for Fidelity Fund certificates but rejected most of Sakeliga’s challenge to the definition of property practitioner.
What do clients really want from a financial adviser?
Morningstar research finds that clients are looking for more than help with specific financial problems – and advisers may need to rethink how they explain their value.
Sanlam bets on banking to deepen customer ties
A new GoTyme-powered banking service is part of a broader strategy to build closer customer relationships, even as investment in future growth weighs on earnings.
OUTsurance’s tied broker channel more than quintuples profit
Stronger South African margins drove group earnings higher, while natural peril and CTP claims weighed on Youi’s rapidly growing Australian business.
GPAA chief executive dismissed over procurement misconduct
Kedibone Madiehe was found guilty of breaching the PFMA, procurement rules, and her fiduciary duties following several forensic investigations.
FSCA flags unauthorised operators and impostors
The latest batch of public warnings covers investment solicitations, unauthorised financial services, and alleged false claims of association with legitimate firms.
The AI token: the tiny unit behind a trillion-dollar bet
Understanding tokens helps explain not only the rising cost of using AI, but also the assumptions behind the enormous investment in AI infrastructure.
FSCA explores value-for-money framework for retirement funds
The regulator is looking to international models as it seeks a more consistent way to assess member outcomes, costs, and investment performance.
