New survey to enhance transparency and benchmarking for investors
The new DFM Manager Watch survey by Alexforbes aims to provide independent financial advisers and investors with up-to-date performance data.
Industry News
Naked secures R700 million for AI-powered insurance
Naked will use the largest African insurtech investment to date to scale its AI-driven insurance platform and expand its product range.
Access Bank and Sava aim to transform small-business banking in SA
Sava, a fintech startup backed by Access Bank South Africa, has received regulatory approval to launch a digital banking platform tailored to SMEs.
Telegram groups impersonating Truffle and Vista Wealth
Impersonators are using the names of authorised financial firms, Truffle Asset Management and Vista Wealth Management, to defraud people.
Ithala hits back: sharp criticism of Reserve Bank’s liquidation move
Ithala accuses the appointed repayment administrator of overstepping his authority, while the Prudential Authority moves to liquidate the entity.
Major banks to explain lending practices to parliamentary committees
MPs also want to meet with the FSCA to discuss banking-relating issues, including credit policies, fees, and client confidentiality.
How Ithala’s banking ambitions crumbled: the rise and fall of a rural icon
The Prudential Authority’s push for Ithala’s provisional liquidation has brought the bank’s journey to an abrupt halt, leaving 257 000 depositors in limbo.
Financial sector shines with Top Employer recognition for 2025
The financial sector stands out with leading companies like RMB, Sanlam, Momentum, and Santam earning Top Employer status for 2025.
Turn ‘Januworry’ into financial stability: expert advice for 2025
Bertie Nel, Momentum’s head of Financial Planning and Advice, shares why the start of a new year is the perfect time for financial advisers to guide clients toward smarter decisions.
Scammers target Banxso investors with fake fund recovery schemes
Scammers are preying on Banxso investors, promising to recover lost funds for a fee, the FSCA warns.
Motsoaledi to disclose plans for private healthcare reform
The Department of Health labels a report of a compromise on NHI as ‘ridiculous and unfounded’.
Hollard secures R2.7m payment despite community unrest defence
The insurer successfully upheld the enforceability of a guarantee after a civil engineering company failed to complete a project because of community disruptions.
AMETFs: the new ‘powerhouse’ for diversified portfolios and tax-free savings
Financial advisers can diversify model portfolios with AMETFs, combining actively managed funds, equities, and passive products, while potentially qualifying for tax-free savings accounts without performance fees.
Bidvest Bank acquisition: outcome of Moody’s rating review looms large
Access Bank has confirmed plans to merge Bidvest Bank with its South African operations, Access Bank South Africa.
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.
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’.
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.
