High Court clarifies interpretation of amended Rule 4 in service matters
The Western Cape Division holds that affixing a summons does not automatically satisfy the amended service rule in default judgment applications.
Industry News
PSG Financial Services announces board leadership change
Founder Willem Theron will step down as non-executive chairperson.
SA tops global fraud charts as FSCA flags social media investment scams
The FSCA warns South Africans to stay vigilant as unauthorised individuals and entities exploit social media and digital platforms to solicit high-risk investments.
Full Bench adds weight to challenges against RAF medical expense directives
Internal directives cannot displace court orders or long-standing principles governing compensation, says the Western Cape High Court.
Ruling leaves key exchange control questions unresolved in crypto arbitrage dispute
The case focuses attention on how the exchange control framework applies to crypto platforms that facilitate offshore trading through loans.
Sizwe Hosmed: High Court blocks board comeback, new curator installed
The CMS frames the judgment as necessary to protect members, emphasising the scheme is compliant, operational and under close oversight.
Study: investor behaviour improved in 2025, but anxiety remains costly
Momentum Investments’ latest behavioural research shows fewer portfolio switches and lower overall ‘behaviour tax’ last year.
Interest rate relief offers breathing space, not a turnaround in household finances
Despite easing inflation and lower borrowing costs, South Africans entering debt counselling use 71% of take-home pay to service debt, according to DebtBusters.
FSCA Consumer Advisory Panel releases inaugural annual report
The report details the Panel’s mandate, membership, and engagement with the regulator since its establishment in 2023.
When insurance claims are declined: how exclusions work
A complaint reviewed by the National Financial Ombud Scheme highlights how exclusions linked to unlawful conduct are assessed.
SCOPA moves from hearings to hard choices on the RAF
The committee’s final report is expected to examine the legal consequences of former chief executive Collins Letsoalo’s refusal to appear before Parliament.
Transport pressed on whether RABS can deal with RAF’s legacy claims
Unless the Road Accident Benefit Scheme Bill is retrospective, it may fail to ease the Fund’s financial burden for more than a decade, warn MPs.
New Cogence portfolios blend public and private markets for retail investors
The Diversified Markets portfolios introduce a measured allocation to private equity, credit, infrastructure, and real assets alongside listed investments.
Ninety One flags shift from US dominance to broader opportunity sets
John Stopford says future market returns may be shaped by different forces than those of the past decade, with implications for South African assets.
African insurers link US$52bn in assets to ESG targets, report finds
The Nairobi Declaration on Sustainable Insurance outlines ESG-linked assets, product development, and governance trends across Africa.
Why cyber resilience matters more than ever for insurance brokers
Brokers sit at the centre of the digital risk landscape because of the nature of the information they manage and store.
Discovery links higher cancer screening to earlier diagnosis
New data shows rising cancer diagnoses among members, but also increased screening and earlier detection, which DHMS links to improved survival outcomes.
