Hackers access CIPC’s client and employee records
The commission urges clients to monitor transactions on their credit cards.
Industry News
Health department pushes the case for ‘affordable’ NHI
Meanwhile, Solidarity suffers a setback in its efforts to halt the government’s preparations for implementing the system.
How the economy and the bond market influence the Budget
South Africa’s core fiscal challenge is to get the gap between economic growth and the cost of borrowing back into positive territory.
Corporates brace for impact: navigating SA’s top 10 business risks
For the first time, theft, fraud, and corruption have surged onto the Allianz Risk Barometer’s top 10 business risks for South Africa.
Kieswetter agrees to extended term as SARS head amid economic challenges
The commissioner says the Revenue Service has put measures in place to meet the revised estimate for revenue collection.
Study: RAF losing R3bn a year in ‘opportunistic’ loss of income claims
Research on behalf of the Actuarial Society recommends prohibiting individuals with minor injuries from submitting loss of income claims.
Treasury: tough challenge to tick off all the items on FATF’s Action Plan
SA has staggered deadlines by when it must address the 17 outstanding items on the global body’s 22-item Action Plan, to get off the grey list.
SARS’s R4.8bn damages claim has no merit, says Sasfin
The summons is a result of SARS’s purported inability to collect taxes owed by former clients that were allegedly part of an international criminal syndicate.
Is South Africa on track to getting off the grey list?
Moonstone speaks to Ninety One’s Sangeeth Sewnath about the extent to which greylisting is affecting the economy, the markets, and investors.
Acrimonious divorce: wife seeks order for husband to be locked up for not paying private school fees
Her refusal to agree to move the children to a public school has resulted in the children not attending school at all.
Budget brings very little cheer for the average consumer
Financial experts from Momentum weigh in on how the Budget may impact consumers and taxpayers.
SCA ruling highlights the legal pitfalls of loans among ‘friends’
The Supreme Court of Appeal’s recent decision underscores the critical importance of understanding ‘transactions at arm’s length’ under the National Credit Act.
CEO ‘guilty of negligence’ after firm suffers R15m fraud
The loss equated to more than 20% of the company’s annual profit, based on the exchange rate at the time of the incident.
How much tax you may have to pay to fund NHI
The substantial tax increases would have to be implemented in an already tough economic environment, says a report by FTI Consulting.
Positive Budget bodes well for domestic bonds and equities
Old Mutual weighs in on how the Budget is likely to affect the country’s credit rating, economic growth, and the capital markets.
Fiscal risks to SA remain despite government’s debt-containment measures
National Treasury continues to toe the line between fiscal continuity, consolidation, and declining revenues amid an increasingly stagnant local economy.
Godongwana’s financial juggling is no substitute for economic growth
Whether the objectives as set out in the Budget are achievable will be determined by the government’s political will to anchor expenditure and put resources to better use.
