Solidarity and BHF file court papers challenging NHI
The trade union says moves are afoot for members of the National Assembly to bring an application against the NHI Act.
Industry News
Discovery Bank launches ‘shared-value’ home loan product
The bank claims its dynamic interest rate offering will allow clients to save up to R2.8 billion in interest repayments a year.
Why I opt for BHP rather than Anglo
An analysis of the consolidated value of Anglo’s mining production compared to its share price indicates that BHP’s valuation is justified.
Can the basic income grant be dismissed as simply ‘a vote-catching ploy’?
Like NHI, BIG has been on the government’s agenda for decades. An analysis shows the extent to which the ANC can look to other parties to support its implementation.
Medical schemes get costlier as reform takes a back seat to NHI
Members of medical schemes are paying up to 30% more because the regulatory system broke down after the government’s focus shifted to NHI.
What the SARB is waiting for before it starts cutting the repo rate
Headline inflation softened to 5.2% in April, but the upside risks remain, particularly from food prices.
Investors should anchor on long-term strategies amid election uncertainty
Allan Gray advises against reactive investing, noting that equities, despite their risks, have historically been the best-performing asset class.
Video interview: New mutual insurer enters the market
CEO Michele Jennings says glu targets a wider audience with straightforward products and digital innovation.
How the NHI shake-up may impact South African healthcare
There are concerns about the sustainability of private providers and whether the public will face higher costs to maintain their current level of healthcare.
NHI ‘collaboration’ means different things to the government and the private sector
In an interview this week, President Ramaphosa was asked whether South Africans will pay higher taxes to fund NHI.
Fund managers anticipate post-election rally in local equities
A potential leftward shift in policy is seen as the biggest risk to SA equities, followed by weak earnings and sticky inflation, according to the BofA survey.
Hypertension surging among young medical scheme members
Chronic high blood pressure, a leading cause of heart attacks and strokes, is driving up healthcare costs significantly, according to recent claims data from Discovery Health.
Coronation expects the local savings industry to continue to shrink
The group grows its total assets under management by 5% and resumes declaring an interim dividend.
There’s ‘something fishy’ about these schemes
Impersonators who have knowledge of the Authority’s investigations into scams are using this information to extort money from victims.
High Court dismisses director’s bid against subpoena in religious freedom dispute
Efforts by a director of two religious organisations to evade testimony before a commissioner probing the SNS Ponzi scheme hit a roadblock in the High Court.
Living Hands judgment clarifies important principles for financial institutions
Old Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
Structurally higher inflation is posing an increasing threat to investors, says OMIG
The latest Long-term Perspectives publication highlights why it is necessary to invest in assets that can deliver inflation-beating returns over the long run.
