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Home / Industry News / Page 4

Industry News

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Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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SARB: Two-pot system adds two percentage points to PIT growth

Even after record withdrawals, retirement fund assets expanded in the third and fourth quarters of 2024, driven by movements in financial markets.

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Fake traders, false promises, and fraudsters abusing big names

From Facebook investment scams to impersonators posing as Sygnia’s CEO, the FSCA has issued multiple warnings against unauthorised operators.

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Government opposes taking full ownership of the Reserve Bank

Treasury cautions that the forced acquisition of two million private SARB shares could breach bilateral treaties and unsettle investor confidence.

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  • Apex court clarifies timing of dependency test for death benefit payouts
  • SA’s growth outlook brightens – but personal inflation could dim the gains
  • Tax disputes: compliance and the interests of justice trump rigid timelines
  • FSCA publishes final Conduct Standard for benefit administrators
  • Funds must fully verify dependency before allocating a death benefit
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