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Home / Industry News / Page 86

Industry News

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Timur Turlov on chess, investing, and why South Africa matters

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Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Copper, commodities, and BHP’s bid: what it means for South Africa’s mining future

The potential acquisition of Anglo American by BHP is part of a larger global trend in the mining industry. Understanding the implications for these trends is essential for JSE investors to make informed investment decisions.

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Pensioner claims cryptocurrency trader could have stopped fraud

The High Court hears details of an elaborate fraud in which scammers cleaned out a bank account and bought cryptocurrency from a part-time trader.

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BHI Trust ‘was run as illegal scheme from inception’

As creditors await repayment totalling nearly R2bn, preliminary investigations by the joint trustees point to potential asset recoveries totalling just over R414 million.

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Sygnia advert’s claims about RA fees based on ‘virtually meaningless’ model

The Advertising Regulatory Board questions the relevance of a hypothetical model published by National Treasury 11 years ago.

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Ninety One’s Value Fund positions for ‘good outcome’ to the election

The market is pricing for an ANC alliance with the EFF or MK, but Ninety One believes the chances of this happening are low.

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Magnificent Seven: opportunities arise from divergent performance

With economic factors such as inflation and central bank actions looming large, the outlook for technology stocks remains uncertain.

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BHI Trust creditors face a dilemma: double down or stand down

The trustees advise ‘that a contribution will currently be levied against creditors until such time that sufficient recoveries are made for the benefit of creditors’.

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Government invests R282 billion and earns R1 million in dividends

Of six state-owned companies, only one has paid a dividend over the past five years.

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CMS invites BHF to collaborate, criticises ‘forum-shopping’ tactics

The BHF’s canvassing of key policy issues in the public domain via a ‘deliberately leaked’ lawyer’s letter indicates the organisation ‘has run out of creative ideas’.

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Council mulls outsourcing appeal adjudication amid BHF accusations

The CMS asserts that medical schemes have frequently disregarded the existing appeals procedures, exploiting them to the detriment of members’ interests.

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South Africa has seen net positive FDI since 2018

SA received foreign direct investment inflows of nearly R100bn in 2023 as non-residents maintained a ‘moderately positive’ view of the country’s business ecosystem.

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More than 230 court judgments are late

The Office of the Chief Justice discloses the courts where judgments have been outstanding for at least six months.

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CMS denies it is sabotaging medical schemes to boost NHI

The regulator comes out swinging in its response to the Board of Healthcare Funders’ claims of bullying and curatorship abuse.

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Ransomware surge signals growing cybersecurity risks, Aon report warns

A number of high-severity ransomware incidents hit insurers’ books in 2023, Aon South Africa’s 2024 Insurance State of the Market Report says.

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Weather-related catastrophes ‘signal a looming crisis’ for insurance market

Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.

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Hawks investigating reported death of MTI founder Johann Steynberg

Brazilian reports spark speculation as South African authorities probe the circumstances surrounding Steynberg’s alleged death.

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SARB hopes new deposit insurance scheme will result in banks paying higher interest rates

Bank Zero’s chief executive agrees that the Corporation for Deposit Insurance has the potential to boost the competitiveness of the new digital banks.

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CMS clarifies Bonitas investigation
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