Information Regulator signals tougher POPIA and PAIA enforcement
Werksmans says the Regulator’s performance plan points to stricter oversight of breach reporting, direct marketing, PAIA compliance, and cross-border transfers.
Industry News
Global insolvency surge to filter into South Africa – Allianz
The trade credit insurer says local business failures remain historically low, but global geopolitical tensions are creating a more fragile operating environment.
Motorists cut fuel use after April price shock
Discovery Insure data points to immediate behavioural shifts, with fewer trips and reduced travel.
SIU findings expose widening municipal governance failures
Investigations across four provinces reveal recurring irregularities, with recovery and prosecution still lagging far behind the findings.
Clientèle proposes to delist, citing thin trading and valuation gap
The insurer offers to repurchase shares – while restructuring ownership through an empowerment issue and a management share scheme.
Commentators flag key uncertainties in draft exchange control proposals
Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.
The evolution of financial advice: why empathy matters as much as expertise
As financial advice shifts beyond technical solutions, advisers are increasingly valued for their ability to guide clients through behaviour and life’s defining moments.
Avoiding permanent loss: why downside risk is back in focus
Stonehage Fleming argues that in an uncertain environment, limiting losses and managing concentration risk may matter more than capturing every phase of market upside.
RAF faces claims surge if form falls
SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
Fintech is booming – but regulation, risk, and trust will decide who wins
Rapid growth in South Africa’s fintech sector is giving way to a tougher phase shaped by regulation, competition, and the race for customer trust.
FirstRand won’t challenge FCA motor-finance redress scheme
The group rules out litigation, despite maintaining that the scheme is unfair and disproportionate.
Santam shifts core insurance systems to the cloud
The move of its Guidewire platform marks a change in how policies and claims are processed and managed.
High Court reinforces CPA: conduct, not contracts, determines liability
The judgment shows that misleading representations and failing to disclose material facts can ground liability, regardless of contractual terms.
Trip cancellation cover: what it pays, and what it won’t
Understanding the limits of cancellation insurance is key to avoiding unexpected losses on non-refundable travel bookings.
Does force majeure still apply when sanctions make performance illegal?
The rise of sanctions is testing force majeure clauses, with outcomes hinging on drafting precision and legal context.
Draft AI policy scrapped after fake citation findings
Minister Solly Malatsi pulls the draft framework following confirmation that it includes unverified, likely AI-generated sources.
Discipline, not distress: South Africans rethink how they spend
From weight-loss drugs reshaping grocery spend to online betting redefining entertainment budgets, South Africans are spending more deliberately – and differently.
