Customer sentiment towards insurers improves despite claims frustrations
King Price came out top in DataEQ’s latest Insurance Sentiment Index, which analyses what consumers are saying about their insurers.
Industry News
Municipal officials face prison for contempt in pension fund case
Retirees, should be especially vigilant against three common scams: phishing and its more targeted version, spearfishing; deepfakes; and the Grandparent scam, which uses voice cloning.
Two-pot retirement system: a new playground for cybercriminals as FraudGPT fuels the threat
: Retirees, should be especially vigilant against three common scams: phishing and its more targeted version, spearfishing; deepfakes; and the Grandparent scam, which uses voice cloning.
SARB’s first rate cut in four years sparks debate on interest rate trajectory
How low will the repo rate drop, and how fast? Economists share their insights.
Middelburg broker slapped with R1 million fine and 15-year debarment
The FSCA levied a R100 000 penalty on Wenru, the financial services provider implicated in the case.
Discovery delivers strong profit growth, boosts dividend by 38%
The financial services group reports a 17% rise in normalised operating profit to R11.6bn, with strong performance from its South African businesses.
Municipality found liable for fire damage after water supply failure
The business would not have performed grinding activities if it had been forewarned about the interruption to the water supply.
JSE to revamp sustainability disclosure guidance in line with new global standards
JSE CEO Leila Fourie outlines the JSE’s five-year priorities: responsiveness to constituents, maintaining foundational security and resilience, and initiating significant upgrades.
FSCA warns of fraudulent financial services scams on Telegram
Scammers are using the names of legitimate companies such as RisCura Solutions and Salvo Capital to lure unsuspecting investors into Bitcoin and ‘high-return’ schemes.
Businesses face financing and workforce challenges despite growing optimism
Despite economic challenges, 81% of SMEs expect business growth in the next year, with confidence in the political landscape boosting optimism.
What is supercore inflation, and could it influence the SARB’s rate decisions?
With the South African Reserve Bank’s 25 basis point interest rate cut announced last week, Ninety One explores the central bank’s new inflation measures – supercore and PCCI.
Discovery announces 2025 contribution increases: average hike of 9.3%
Discovery Health Medical Scheme’s contribution adjustments will be more evenly distributed across its members, highlighting the widespread effects of increasing medical inflation on contribution rates.
Tax on savings component withdrawals benefits low-income earners, says Treasury
The tax structure aims to be progressive, with low-income earners paying little to no tax on withdrawals, while high earners are taxed more.
Momentum reports R1.7bn in two-pot withdrawal applications
More than 60% of two-pot withdrawal applicants have come from low-income groups, according to Momentum’s latest figures.
Undervalued no more? JSE’s Leila Fourie on the re-rating of South African assets
Three months after the formation of the Government of National Unity, JSE CEO Leila Fourie shares how the exchange is reaping the benefits of political stability.
Unit trust outflows hit R6bn, but market performance pushes AUM higher
Jittery investors continue to forego the benefits of remaining invested in equity portfolios over the long term.
Are South Africans ready for the digital payment revolution?
The South African Reserve Bank’s inaugural Payments Study Report provides extensive insights into how the public perceives and uses various payment methods and instruments.
