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Home / Industry News / Page 23

Industry News

Videos

Video interview: New mutual insurer enters the market

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2025 FPI Convention Highlights with Lelané Bezuidenhout and Ronald Matande

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Key compliance issues for FSPs in 2025/26

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SCA upholds pre-commencement tax debts in business rescue

The Supreme Court of Appeal confirms that re-quantifying a tax debt post-rescue commencement doesn’t create a new, preferential liability – cementing SARS’s place as a concurrent creditor under an approved rescue plan.

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In the age of AI, asset managers face a new kind of intelligence test

As artificial intelligence accelerates a quiet revolution in active asset management, Coronation’s Peter Kempen argues the future lies in blending AI’s speed and scale with human intuition and judgment.

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Sanlam’s new business volumes increase in the first quarter of 2025

The group is keeping its discretionary capital well above target amid concerns over potential tariff-driven inflation, supply-chain shocks, and credit defaults.

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Landmark trade court suit could nullify Trump’s global tariffs

The ruling could strip the president of the power to levy duties without congressional approval and force the roll-back of existing levies, with major implications for businesses and global supply chains.

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Buffett’s final chapter: what the world’s greatest investor can teach us

From buying his first stock as a teen to building one of the world’s most valuable companies, Buffett’s story is rich with insight. As he retires, here are the five takeaways every investor should remember.

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Restarting Ithala: inside the legal tug-of-war over SA’s ‘state bank’

After months in limbo, Ithala resumes limited operations – but its revival faces steep legal and regulatory challenges as the battle over its liquidation and banking status intensifies.

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Funds ‘must do more’ to hold employers accountable for arrear contributions

The OPFA on how retirement funds should address non-compliant employers, death benefit allocations, and requests to withhold benefits.

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When passive meets disruption: unearthing alpha in a market-cap world

With passive assets now eclipsing active globally, Coronation’s Peter Kempen argues that momentum-driven capital flows create fertile ground for fundamental research – and for active managers who can spot value that index trackers miss.

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Grace period doesn’t prevent insurers from rejecting a claim

Some insurers send SMS or email reminders, but it is the policyholder’s responsibility to ensure that an overdue premium is paid.

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Ombud Council to focus on making financial consumers more aware of their right to redress

The Council will use complaints data to spot systemic risks and harmonise complaint-handling across all financial ombuds, its five-year strategic plan shows.

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Medical expenses | Court grants leave to appeal in member’s dispute with RAF

The outcome of Discovery Health’s appeal before the SCA will affect the outcome of the member’s claim for R1.4 million.

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Fund loses bid to remove limit on interest on arrear contributions

The Full Bench affirms that interest under the Pension Funds Act is capped by the common law in duplum rule.

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Bitcoin adoption: increasingly part of my investment portfolio

Net cumulative purchases via pure Bitcoin ETFs have surged 2.5-fold since mid-March. This influx underscores growing institutional conviction in Bitcoin as a core portfolio allocation.

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Ithala resumes operations – but still can’t take deposits

Ithala has been cleared to resume core operations – excluding deposit-taking – while legal battles over its liquidation and frozen R2.47bn in deposits continue.

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Bundled credit insurance ruled unlawful for consumers who can’t claim

Selling credit life insurance with retrenchment and disability cover to pensioners and disabled persons – who cannot meet the claim requirements – breaches the National Credit Act.

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Old Mutual’s new CEO will bring decades of financial sector experience to the role

Jurie Strydom, whose résumé includes leadership roles at Sanlam and Regent Insurance, will work alongside outgoing CEO Iain Williamson.

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Equity targets spark fears of ‘unjust’ penalties for employers

The DA’s court challenge to the Employment Equity Amendment Act highlights not only constitutional questions but also the risk that inflexible sectoral targets and under-resourced bureaucracy will penalise even deserving employers.

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Investment Rates

 

Updated 1 December 2025

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Money Market funds

Updated 1 December 2025

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Key compliance issues for FSPs in 2025/26
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  • Levy increases for 2025/26 lower than initially proposed
  • NPC report recommends reducing retirement funds’ offshore limit
  • Relief at last: Ithala depositors can access frozen funds from 8 December
  • Countdown to JIBAR cessation: SARB urges market to step up transition to ZARONIA
  • Co-payments unpacked: the real drivers behind member shortfalls
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