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Home / Industry News / Page 5

Industry News

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Timur Turlov on chess, investing, and why South Africa matters

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Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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New SARS filing feature could mean fewer verification delays

By addressing minor inconsistencies upfront, taxpayers may avoid verification delays and receive refunds sooner where applicable.

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High Court upholds medical schemes’ recovery powers

The ruling preserves a key anti-fraud tool that industry bodies say protects member funds and helps contain healthcare costs.

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Connected data is strengthening the fight against tax evasion

Advanced data matching is helping SARS to identify businesses and individuals whose tax affairs do not align with their activities.

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Tax filing season will put new security measures to the test

After concerns over profile hijackings and fraud, SARS says stronger security measures are central to its digital-first tax-filing strategy.

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When a misdirected email becomes a POPIA enforcement case

The enforcement notice suggests that internal, accidental disclosures can still become reportable security compromises with formal regulatory consequences.

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How close is South Africa to a digital rand?

While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.

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Treasury to decide on basic income policy by July, MPs told

The Social Relief of Distress grant might be extended while a new policy is finalised.

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Warning against investment pitches dressed up as legitimate businesses

The FSCA identifies schemes using fake affiliations, cloned identities, and unrealistic return promises to attract funds.

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Fuel pushed May inflation higher, but the policy-rate outlook has shifted

The SARB still faces risks, although lower oil prices and improving supply expectations point to a less threatening inflation path than three weeks ago.

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More credit consumers turn to ombud – and more are getting results

The NFO’s Credit Division recorded a 58% jump in complaints during 2025, while recoveries for consumers more than tripled and favourable outcomes outpaced every other division.

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From fraud listings to repossessions: inside the credit ombud’s case files

The NFO’s case studies show how disputes over evidence, process failures, and consumer rights can escalate into costly battles between credit providers and customers.

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Scammers pose as bank officials in R21.5m heist

An urgent preservation order blocked the proceeds from being moved while investigators pursue a criminal case and forfeiture proceedings.

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Alexforbes’ pivot to independent advisers starts paying off

Strong retail flows, rising adviser numbers, and expanding support capabilities suggest the group’s push to win over IFAs is beginning to deliver measurable results.

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Mental health is reshaping the chronic disease equation

New findings suggest emotional well-being now plays a growing role in whether patients with diabetes, cancer, and heart disease stay stable and out of hospital.

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Two-pot’s hidden effect: members are staying in retirement funds

While billions have been withdrawn through the two-pot system, Alexforbes says more members are remaining connected to retirement funds long after leaving their employers.

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Enforcement notice may signal tougher PAIA scrutiny for companies

The Information Regulator’s decision suggests companies may face closer scrutiny when they rely on commercial-confidentiality grounds to refuse access to records.

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Alexforbes delivers record assets as underlying profit jumps 22%

Despite a decline in headline earnings, Alexforbes delivered strong underlying growth, with record assets, rising retail inflows, and expanding umbrella fund assets.

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Bonitas, Medscheme clash over CMS investigation
https://youtu.be/H5D3TTpkN28
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