Rental boom brings new insurance risks – and a call for adviser action
As rental demand surges, advisers can help clients navigate the insurance complexities of furnished, semi-furnished, and short-term lets.
Industry News
New share buyback rules simplify compliance – but only if your MOI keeps up
The Companies Amendment Act has eased repurchase requirements, but many firms risk over-complying unless they update their MOIs.
Authority sounds the alarm on rising impersonation scams targeting investors
With over 40 warnings issued this year, the FSCA is urging the public to steer clear of investment offers on social media that promise unrealistic returns and falsely claim ties to trusted financial brands.
Pineapple advert in poor taste but not in breach of the Code
The ‘tsotsi’ billboard did not cross the line into discriminatory or offensive content, says the Advertising Appeal Committee.
SCA confirms validity of a tax opinion when it is correct in fact and law
Supreme Court rejects SARS’s argument that the expert’s opinion was tainted by self-interest because of the fee he would earn.
Taking funds offshore is the best and right thing for me to do
The main reasons are the growing threat of populist policies and ensuring that children and grandchildren can study overseas, so they can compete for jobs globally.
Five things vehicle owners should know about hijackings and theft
Vehicles fitted with multiple tracking devices are more likely to be recovered. If hijackers disable one tracker, the backup can still guide response teams to your car.
Suspect online car dealers feature in NCC’s list of vanishing suppliers
The National Consumer Commission has named an additional 20 businesses that took payments but disappeared without delivering.
Allan Gray wins appeal over imitation of ‘Human value of time’ concept
Nedbank’s TV commercial – featuring the tagline ‘Time is more valuable than money. Spend it wisely’ – appropriated Allan Gray’s proprietary advertising goodwill.
Gen Z may be the key to fixing SA’s debt crisis
While Millennials and Gen X buckle under rising debt, Gen Z’s openness to credit education and digital tools offers hope for reversing South Africa’s deepening financial crisis.
BASA appeals after court rules the in duplum rule remains active in debt review
The Full Bench declared that a rearranged credit agreement or order merely adjusts the payment terms under the original contract and does not reset the default status.
Panel upholds findings of racial bias in medical scheme fraud investigations
Statistical analysis found that black healthcare professionals were multiple times more likely than their white peers to be investigated and found guilty of FWA.
BHF and Discovery challenge section 59 report’s conclusions
The Board of Healthcare Funders and Discovery Health say the panel’s final report on FWA investigations rests on flawed methodology and the misinterpretation of data.
MFSA flags upfront fees as a key indicator of credit fraud
Another warning sign of a scam is a request to complete an application form sent via email, not on the provider’s website or app.
Neglecting maintenance? Your insurance claim could be denied
Neglecting routine home or vehicle maintenance could cost thousands in rejected insurance claims – as policyholders found out in 2024, according to the NFO.
A closer look at dividend-focused investing
High-yield equities can smooth volatility and generate reliable income, helping investors to balance growth and defence across bull and bear phases.
Authority acts against online trading platforms
The FSCA says Banxso and Afrimarkets are linked through common directorships and conducted their business in a similar manner.
