The VAT hike could add R58bn to government revenue, but with coalition partners clashing over its impact on ordinary South Africans, the debate over how to fund critical services without deepening the cost-of-living crisis is far from settled.
A postponed Budget Speech means uncertainty for taxpayers, but the VAT hike and personal income tax adjustments offer insight into the government’s fiscal strategy.
In its long-awaited report, the Council for Medical Schemes says its preferred recommendation is not to introduce LCBOs.
A PA-commissioned solvency report questions Ithala’s financial health, raising concerns about its equity, loan book, and potential shortfall in repaying depositors.
The Board of Healthcare Funders questions the timing and content of the CMS’s report, claiming it ignores stakeholder input and the opposition to low-cost benefit options is politically motivated.
The insurer argued the hijacked vehicle should not have been on the road because the driver’s PrDP had expired.
The Board of Health Funders has ‘serious reservations’ about giving the Department of Health the power to manage the block exemption negotiation process.
From fake love to stolen funds, romance scams powered by AI and cryptocurrency are on the rise – find out how to protect yourself from this growing threat.
Following 32 years with Old Mutual and nearly five as CEO, Iain Williamson is stepping down in August.
The FSCA also advises the public to be cautious of World Option Crypto and JoziEx.
With the risk premium of bonds relative to equities at a 20-year low, US bonds – particularly medium-term ones – are regaining their relevance in diversified investment portfolios.
The Finance and the Trade and Industry committees will engage with roleplayers from across the sector before finalising a report that will be tabled in Parliament.
The arrest of two more former Steinhoff executives ties back to a fraudulent scheme involving a handwritten note by Markus Jooste.
The High Court overturns a lower court’s decision in favour of a financial adviser whose commissions were clawed back.
The FIC has directed financial institutions to freeze the designated assets and comply with reporting requirements under FICA.
The Universal Healthcare Access Coalition – which includes healthcare professionals and funders – contends that a single tax-funded system cannot effectively provide universal medical coverage.
The High Court in Cape Town rejects the Road Accident Fund’s contention that the Mlambo judgment has altered the legal landscape.
