Retirement industry flags operational risks in dual contribution regime
IRFA says the FSCA is engaging with the Department of Employment and Labour on the issue.
Industry News
RAF liability for expenses paid by medical schemes ‘is settled law’ in W. Cape Division
The judgment criticises the Fund’s continued resistance to medical-expense claims already addressed in earlier Western Cape rulings.
Government floats VAT sharing to shore up municipal revenue
The White Paper describes how municipalities and households are being financially squeezed by escalating input costs – particularly for electricity.
Treasury signals harder line on failing municipalities
Treasury Director-General Duncan Pieterse says municipalities that fail to reform may increasingly lose operational control of key services.
SCA backs FSCA in dispute with fund over investigation record
The Authority was not required to disclose documents tied to its investigation and search warrant against the Municipal Employees’ Pension Fund.
Santam, SAWS partner to expand weather monitoring network
Nine weather stations have been installed across South Africa to improve early warning systems as severe weather events intensify.
SARS, NCC join forces to tighten grip on non-compliant imports
A new SARS–NCC agreement strengthens enforcement against non-compliant imports as authorities tighten controls on e-commerce and customs risks.
NHI case hinges on one question: was the public truly heard?
The Constitutional Court must decide whether Parliament’s NHI process met constitutional standards – or whether the law must go back for a redo.
FSCA withdraws SA Army Foundation licence, fines officials R44.7m
The Authority debars two senior officials for 30 years after finding unlawful financial practices linked to the SANDF group life insurance scheme.
SCA ruling revives rejected RAF claims – and backdates the bill
A Court-ordered reset of the RAF claims process may force recognition of previously excluded liabilities, with potentially severe consequences for the Fund and the fiscus.
3Sixty wins lifeline in accreditation dispute with CMS
The High Court finds the Council must disclose the material it relies on before taking a decision that affects the provider’s ability to operate.
Information Regulator signals tougher POPIA and PAIA enforcement
Werksmans says the Regulator’s performance plan points to stricter oversight of breach reporting, direct marketing, PAIA compliance, and cross-border transfers.
Global insolvency surge to filter into South Africa – Allianz
The trade credit insurer says local business failures remain historically low, but global geopolitical tensions are creating a more fragile operating environment.
Motorists cut fuel use after April price shock
Discovery Insure data points to immediate behavioural shifts, with fewer trips and reduced travel.
SIU findings expose widening municipal governance failures
Investigations across four provinces reveal recurring irregularities, with recovery and prosecution still lagging far behind the findings.
Clientèle proposes to delist, citing thin trading and valuation gap
The insurer offers to repurchase shares – while restructuring ownership through an empowerment issue and a management share scheme.
Commentators flag key uncertainties in draft exchange control proposals
Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.
