Authorities have convicted six individuals in the VBS Mutual Bank fraud case, including former executives and municipal officials. However, with 29 accused still on trial and 43 more suspects under investigation, the case is far from over.
With more tax returns submitted, SARS is intensifying efforts to ensure full compliance, particularly among trusts, using AI and data-driven enforcement.
This is double the initial estimate of between R5bn and R6bn.
The FSCA has issued warnings about individuals and entities promising unrealistic returns while lacking the required authorisation to offer financial services.
The Financial Planning Institute of Southern Africa on 3 November named Nicola Langridge as the winner of the Financial Planner of the Year Award. Mark Bechard of Moonstone Publications spoke to Langridge, a […]
The US economy continues to surge ahead, driven by AI investments, resilient corporate growth, and strategic monetary policy.
The judgment strikes down restrictive aspects of the grant regulations, ordering the government to increase the grant and ensure that no eligible applicants are excluded.
SARS highlights common errors that can lead to application rejections and warns against attempts to evade tax.
PSG Asset Management warns that market complacency, overconcentration in US equities, challenging starting valuations, and potential policy risks could make the next decade challenging for investors.
Employer interventions, including automatic contribution increases and making finance advice more accessible, are required to bridge the retirement age gap.
BankservAfrica data shows cash demand remained high in December, with online shopping also seeing record growth.
DeepSeek’s new AI has sent shockwaves through stock markets. Schroders shares insights on how this shift may alter chip demand and influence technology giants.
With regulatory approval secured, Old Mutual Bank is set to debut later this year, offering a digital-first banking experience tailored for South Africa’s mass market.
Yakhe Kwinana argues that the findings should be set aside, as they were based on flawed reasoning, lack of evidence, and a predetermined agenda to find her guilty.
The increase in certified professionals reflects both a growing recognition of the value of financial planners and a shift towards more inclusive, client-focused financial advice.
The joint trustees have managed to recoup R12.4m, but R1.5bn remains in claims. The efforts to recover funds through settlements, asset recovery, and legal action continue.
Treasury and SASSA respond to an allegation that Ithala’s client database was ‘unlawfully’ transferred to FNB.
