October deadline for financial sector B-BBEE compliance reports
Here is a guide to the information that must be submitted by each category of enterprise.
FSCA withdraws My Wealth Dias penalty and Coetzee debarment
The regulator will refer Banks Act findings to the Prudential Authority and reconsider action against Charl Coetzee in light of additional information.
South African passport climbs three places in Henley Passport Index
A strong passport provides significant financial freedom in terms of international investment and business opportunities.
Bonitas gains members and bucks buying-down trend in 2022
With reserves reaching R8.8 billion, can members expect that very low contribution increases will automatically follow?
Insurtech founder shares the skinny on getting ahead in a competitive market
Local insurtech startup shows how it’s done in the face of a significant decline in global venture capital funding.
Top achievers in MBSE’s Higher Certificate in Wealth Management share the highs and lows of their studies
The qualification provides learners with a foundation for various roles in the financial services industry, or to kick-start their career in financial planning.
FSCA investigating stokvel following tip-off from a whistleblower
Members of United African Stokvel complain about outstanding pay-outs.
Debarment is not optional when a rep is no longer fit and proper
Two recent decisions by the tribunal highlight misconceptions about debarment that need to be dispelled.
Momentum Health weighs in on low-cost benefit options
Allowing cheap health insurance will avoid the need to raise additional taxes during the initial phase of NHI.
Amendment enables stronger punishments for ‘serious improper conduct’ by auditors
The Financial Matters Amendment Act introduces stronger sanctions for auditors and significant reforms to pension funds.
Cyber Commissioner Bill advances amid rising threats and attacks
The Cyber Commissioner Bill, recently tabled in Parliament, aims to address an urgent need for the improved protection of personal information and stronger cyber security measures.
Why I (want to) own Bitcoin
It appears that virtually most excesses, including malfeasance and possible manipulation of the Bitcoin market from December 2020 to June 2022, have been dealt with.
The do’s and don’ts of filing your income tax return
Sars is holding thumbs that the problems experienced with auto-assessments last year won’t recur in 2023.
Does AI dream of electric sheep? Magistrate cautions against blind trust in AI-generated content
Fictitious judgments sourced from ChatGPT leave a team of lawyers red-faced, highlighting the potential pitfalls of generative AI and the need for caution.
High Court orders Guardrisk to pay R15m construction guarantee
The construction company’s liquidation was a new trigger entitling NAD to call up payment, notwithstanding an arbitration award.
Breaking the Codi – peace of mind comes at a price
Survey gives insight into what South Africans and their banks may have to pay when the nation’s first deposit insurance body becomes operational.
Impending climate phenomena could derail next year’s prospect of lower interest rates
As higher winter rainfall gives way to a hotter and drier summer, a leading asset manager predicts that El Niño could lead to higher food prices and interest rates, and the potential for social unrest in emerging markets.
Reminder of 31 July deadline to submit a return to the FIC
This applies to some of the persons who became accountable institutions in terms of the amendments to Schedule 1 of Fica.
