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Home / Industry News / Page 6

Industry News

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Budget: Key changes for taxpayers and investors

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Budget: Key changes for taxpayers and investors

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Key compliance issues for FSPs in 2025/26

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Short-term insurers strengthen customer experience, but execution gaps persist

The 2025 CE Index places short-term insurers mid-table within financial services, with clear differences emerging between brands and channels.

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SCA clarifies when liability disclaimers fail to exclude delictual claims

Exclusion clauses will not operate where indemnities are not properly concluded with each participant and brought to their attention.

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AFU secures R11m linked to Foschini impersonation scam

The National Prosecuting Authority says the forfeiture follows an impersonation scheme that led to payments exceeding R22m.

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Under fire: the risks reshaping short-term insurance in SA

Interconnected hazards are altering claims patterns and capital pressures for insurers – shifting priorities for brokers and corporate risk teams, says PSG Insure.

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Disciplinary process under way at GPAA amid governance concerns

Parliament reiterates concerns about financial management and governance highlighted in recent audit outcomes.

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Bonitas’ dispute with Medscheme heads to court

Bonitas’ decision to change administrators comes amid a CMS investigation and High Court proceedings involving its former service provider.

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Fewer taxpayers increasingly carrying the personal income tax load

With no inflation adjustment in 2025, PIT collections rose sharply, increasing the burden on individuals without changes to the headline rates.

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Investors may need to look harder for opportunities, says Morningstar

As optimism rises and valuations stretch, there is a shift from broad exposure to disciplined, valuation-driven analysis.

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Judgment sheds light on beneficiary changes in living annuities

Was a beneficiary nomination signed under a power of attorney and submitted after death valid?

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When AI goes wrong, liability still lands on humans

As AI reshapes workplace decisions, legal experts and insurers warn that professional indemnity and D&O exposure is rising fast.

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Satrix lists its first actively managed income ETF on JSE

Satrix says the lack of investable income indices has driven its move into active management, starting with a conservative income ETF.

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Ex-Home Affairs employee jailed for funeral insurance fraud

The former employee abused her access to the National Population Register to manipulate death records.

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What phasing out the prime lending rate means for consumers

The shift from prime to a repo-plus model won’t cut your debt overnight, but it promises more transparent lending.

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Supply-chain paralysis emerges as a core insurance risk

Political risks and violence have reached their highest position in the Allianz Risk Barometer, reflecting rising concern over war perils, civil unrest, and sabotage.

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Suspects allegedly linked to global fraud scheme arrested in multi-agency operation

Authorities allege the syndicate convinced individuals from countries such as Australia, the US, and the UK to invest more than R1 billion.

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Call for NHI settlement exposes fault lines over healthcare reform

Organisations engaged in litigation to oppose the NHI Act respond to Finance Minister Enoch Godongwana’s appeal for a compromise.

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Tribunal misapplied legal test in debarment reconsideration, High Court rules

The FST erred because it focused on contractual obligations rather than the broader fit and proper requirements.

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Trading platform Banxso is placed in final liquidation
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