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Home / Industry News / Page 23

Industry News

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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Concern over decline in matric candidates writing STEM gateway subjects

This has negative implications for the country’s economic growth and the learners’ career prospects in a rapidly changing work environment.

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FSCA warns of deepfake fraud featuring Patrice Motsepe

AI-generated media make it seem as if one of South Africa’s richest people is endorsing an ‘investment’.

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How to navigate anxiety in the approaching US tariffs tug of war

Donald Trump’s tariff threats shook global markets in 2018 and 2019, leaving investors grappling with volatility and uncertainty. Here are the lessons for investors as an unpredictable economic climate looms.

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Godongwana defends the banks’ right to close accounts

Financial institutions will participate in evaluating improvements to Conduct Standard 3 of 2020, aligning these efforts with the COFI Bill.

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AI in legal research under scrutiny after fake case citations

The Legal Practice Council has been asked to investigate a law firm’s reliance on potentially fabricated case law references, possibly generated by artificial intelligence.

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Rising risks and rewards: the shift to asset-intensive reinsurance in the insurance sector

As insurers increasingly turn to alternative assets and cross-border reinsurance, industry experts highlight the growing complexities and risks.

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DBE to publish matric results amid R5 million fine for privacy breach

The Department of Basic Education is at risk of a R5 million fine for violating privacy laws, with ongoing debates over student consent and personal information protection.

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South Africa’s global minimum tax: a game-changer for corporate taxation

The Global Minimum Tax Act aims to level the playing field for multinationals while potentially adding R8 billion to South Africa’s tax base by 2027.

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Top achievers share insights on excelling in short-term insurance qualification

Top achievers in the Higher Certificate in Short-Term Insurance (HCSTI) qualification exams, credit the qualification with deepening their industry knowledge and advancing their careers.

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Social media scam peddles fake RE5 exam certificates at a discount

Fraudulent RE5 exam certificates were recently advertised on Facebook, sparking a public warning from the FSCA about regulatory exam fraud.

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Compensation Fund vs Netcare: High Court judgment exposes deep fault lines

The battle over the alleged dysfunctionality of the Compensation Fund’s CompEasy system raises urgent questions about policy, functionality, and fairness.

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Court orders scorned lover and his wife to pay R3.5m for revenge porn

A recent court ruling on a revenge porn case highlights the complex intersection of cybercrime, defamation, and privacy laws.

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School costs soar: smart tips for stretching your budget this year

With education costs climbing faster than inflation, parents can ease the financial burden of back-to-school season by planning ahead, saving smartly, and prioritising essential expenses.

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Discovery to appeal ‘far-reaching’ judgment in favour of RAF

The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.

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How the dispute between the RAF and Discovery unfolded

Discovery Health’s quest for reimbursement from the RAF for medical expenses incurred by road accident victims has faced multiple legal hurdles, with new RAF directives complicating the situation.

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

Billy Seyffert unpacks 2024’s major compliance changes, from the two-pot retirement system to cybersecurity standards, offering practical advice to stay ahead in 2025.

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Nedbank’s fuel rewards advert is misleading, says ARB

A client complained that she couldn’t earn Greenbacks rewards at a BP filling station because it does not accept American Express cards.

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  • Apex court clarifies timing of dependency test for death benefit payouts
  • SA’s growth outlook brightens – but personal inflation could dim the gains
  • Tax disputes: compliance and the interests of justice trump rigid timelines
  • FSCA publishes final Conduct Standard for benefit administrators
  • Funds must fully verify dependency before allocating a death benefit
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