Signs that consumers are becoming desensitized to high debt levels
Nearly half of South Africans dedicate more than 40% of their take-home pay to repayments – and there are indications of ‘savings fatigue’.
Industry News
Budget deadlock ends as National Assembly approves Appropriation Bill
The National Assembly has passed the 2025 Appropriation Bill, unlocking R2.3 trillion in government spending.
Santam set to launch Lloyd’s syndicate this year
The anticipated gross written premium for 2026 is between R6.9bn and R9.2bn.
SA edges closer to mandatory sustainability reporting under global ISSB standards
A new partnership between the FSCA and IFC signals a clear intent by regulators to align corporate disclosure rules with global sustainability standards.
Pothole crash leads to R26.6m compensation award
As a result of the accident, the plaintiff is a paraplegic and will require extensive ongoing medical treatment.
SA passport cracks top 50 for first time in a decade
South Africans can now travel visa-free to 103 destinations as the country’s passport climbs five spots to 48th on the Henley Passport Index.
Customer’s retirement savings targeted in meticulous internal fraud
The consultant bypassed the bank’s two-factor authentication and fingerprint checks to manipulate digital records and drain a client’s savings.
Scammers impersonate CEOs of VALR and JSE
The public are also warned that an entity called Mashram United Funeral Undertakers’ Compliance Organisation might be selling unlicensed insurance policies.
A closer look at dividend-focused investing: part 2
The key to a successful dividend strategy is identifying firms that wisely reinvest in growth while maintaining manageable payout ratios.
Courts will be able to override antenuptial contracts upon divorce
The General Laws (Family Matters) Amendment Bill will empower the courts to order fair asset transfers in marriages out of community of property without accrual.
Close corporation liability: participation in gross abuse, not mere membership, is key
The Supreme Court of Appeal confirms that a member’s ownership stake alone does not trigger personal liability for a close corporation’s debts.
Scammers want your refunds – stay sharp this filing season
As individual tax filing season officially opens today, SARS warns taxpayers to stay vigilant against a surge in sophisticated scams.
Investing offshore: dependent on great expectations?
Amid heightened geopolitical risk, investors chasing offshore returns should temper expectations for US stocks and prioritise true diversification, says Orbis’s Rob Perrone.
Road Accident Fund is at a crossroads
Transport Minister Barbara Creecy dissolved the RAF’s board to tackle governance issues, but its impact on victims remains uncertain.
Top achievers praise HCert in short-term insurance for practical skills
How MBSE graduates like Lydia Roode and Michael Bond leveraged the Higher Certificate in Short-term Insurance to excel in real-world scenarios.
FSCA eases section 14(1) rules for retail retirement fund transfers
The final Notice removes confusing references to section 14(8), but calls for a wholesale carve-out of retail-to-retail transfers were turned down.
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.
