
Court clarifies boundary between NCA enforcement and Insolvency Act remedies
The High Court rejects arguments that excess transactions processed during a system error amounted to unlawful credit extension.
The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.

The High Court rejects arguments that excess transactions processed during a system error amounted to unlawful credit extension.

Jennison’s Mark Baribeau outlines a three-phase AI cycle reshaping markets. Dispersion between the winners and losers will widen – and flexibility will be critical.

The President undertakes not to bring any provisions of the NHI Act into force until the Constitutional Court rules on two cases.

Discovery Invest’s 2026 outlook highlights improved domestic fundamentals, attractive relative valuations, and scope for rate easing.

The Tribunal upholds the debarment of an F&I consultant who altered delivery and witness details on vehicle finance documents.

The licence allows the insurer to operate as an International Insurance Office within India’s financial hub.

The draft ARP Manual introduces licensing, capital, and AML/CFT obligations for informal remittance providers.

For South Africa, the 30% reciprocal rate on certain exports falls away, but a broader temporary levy now applies.

The Europe and Japan ETFs are positioned as allocations for investors seeking to manage US concentration within global equity portfolios.

The High Court overturns an earlier disallowance of the curator’s costs and reaffirms that former trustees remain personally liable for curatorship and inspection expenses.

The legislation will strengthen reporting and governance obligations across the non-profit, corporate, and financial sectors.

Bonitas, Medscheme, and PHA trade accusations as court papers, whistleblower claims, and a CMS probe intensify the battle over medical scheme contracts.

The High Court voids the deregistration of Veritas Capital Africa, allowing HGG’s liquidators to pursue the recovery of R20.49m allegedly transferred before its collapse.

Ministerial Directives issued in July 2021 applied only to specified businesses under the Businesses Act, not to FAIS-regulated FSPs.

The central bank’s consultation paper outlines a structured transition to policy-rate-based lending, with fallback protections for legacy contracts.

Sasfin and Sygnia were the runners-up.

The Supreme Court of Appeal confirms that 181 unchallenged court orders obtained by Sunshine Hospital remain enforceable.