Social media scam peddles fake RE5 exam certificates at a discount
Fraudulent RE5 exam certificates were recently advertised on Facebook, sparking a public warning from the FSCA about regulatory exam fraud.
Industry News
Compensation Fund vs Netcare: High Court judgment exposes deep fault lines
The battle over the alleged dysfunctionality of the Compensation Fund’s CompEasy system raises urgent questions about policy, functionality, and fairness.
Court orders scorned lover and his wife to pay R3.5m for revenge porn
A recent court ruling on a revenge porn case highlights the complex intersection of cybercrime, defamation, and privacy laws.
School costs soar: smart tips for stretching your budget this year
With education costs climbing faster than inflation, parents can ease the financial burden of back-to-school season by planning ahead, saving smartly, and prioritising essential expenses.
FPI Convention 2025: An overview of some of the stand-out sessions on the first day of the FPI’s annual convention.
Mark Bechard, the managing editor of Moonstone Publications, provides an overview of some of the stand-out sessions on the first day of the Financial Planning Institute’s annual convention on 3 and 4 November […]
Discovery to appeal ‘far-reaching’ judgment in favour of RAF
The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.
How the dispute between the RAF and Discovery unfolded
Discovery Health’s quest for reimbursement from the RAF for medical expenses incurred by road accident victims has faced multiple legal hurdles, with new RAF directives complicating the situation.
Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025
Billy Seyffert unpacks 2024’s major compliance changes, from the two-pot retirement system to cybersecurity standards, offering practical advice to stay ahead in 2025.
Nedbank’s fuel rewards advert is misleading, says ARB
A client complained that she couldn’t earn Greenbacks rewards at a BP filling station because it does not accept American Express cards.
SA’s corporate tax base rests on a few large companies
More than 3.6 million companies were registered with SARS, and only 0.1% of them contributed 72.3% of corporate income tax revenue in 2022.
The risks of tap-and-go cards: how to safeguard your money
The Banking Ombud urges consumers to be proactive in protecting their funds, especially as complaints rise about unauthorised tap-and-go activity with lost or stolen cards.
Digital scams surge during the festive season – are you prepared?
Scammers are using fear, urgency, and authority to exploit unsuspecting shoppers. Discover how to keep your finances safe amid the surge in holiday fraud.
US financial company’s name hijacked in impersonation scam
The FSCA says the scammers are also misusing the FSP number of a Bloemfontein-based financial planning business.
Investigation: United African Stokvel’s promises were worthless
The stokvel misused a significant portion of the money it collected, while the remaining amounts were used to pay purported returns to some investors, says the Authority.
Banking sector providing the Hawks with tools to combat financial crime
The Digital and Financial Forensic Analysis Centre’s latest project is serving subpoenas electronically to obtain bank records.
Ramaphosa calls on private sector to end appointments of Bain and McKinsey
The Presidency is not happy with McKinsey’s appointment as a supporting partner to the B20 or Bain’s running the Energy Council’s project management office.
Allan Gray lodges complaint over ‘imitation’ Nedbank advert
Allan Gray argued that Nedbank’s ‘Time is more valuable than money’ campaign infringed upon its intellectual property.
