Allan Gray’s data finds that advisers making heavier use of offshore solutions often have higher client balances and stronger inflows.
The South African Reserve Bank (Sarb) this week moved to attach more than R1.4 billion in assets linked to former Steinhoff chief executive Markus Jooste, five years after it told Parliament it was […]
The FSCA ended its 2022 financial year with a deficit of more than R4.9 million, after recording a surplus of over more than R30m in 2021, its latest annual report shows. The Authority […]
The number of authorised FSPs declined by 1.12% between 2021 and 2022, despite the FSCA approving more FSPs this year, the Authority’s annual report for the year to the end of March shows. […]
The chairperson of the National Assembly’s Standing Committee on Finance (Scof) this week sharply criticised “a section” of the business community for publishing a report suggesting there is an 85% probability that South […]
Amendments to the Employment Equity Act (EEA) will change the definition of a “designated employer” to restrict the application of sections of the Act to a reduced group of employers and relieve some […]
South Africa is a land of stark contrasts, and one of the most visible examples is how legislation is applied differently across various sectors of the economy. The financial services industry is one […]
Office of the Tax Ombud says it has escalated the matter to the senior leadership of the revenue authority.
Lives covered by open schemes declined in 2021 despite the increase in the number of principal members.
Only one province seems have ‘got its act together’ when it comes to serving the population, Parliament told.
It’s time for the government to admit that collaboration with the private sector is the key to development and growth, says Jardine.
FIC makes recommendations on the adoption of a risk-based approach to mitigate the risk of proliferation financing.
There is an 85% probability that South Africa will be grey-listed by the Financial Action Task Force (FATF) in February next year, mainly because institutions in the criminal justice system were undermined during […]
The proposed “beneficial owner” disclosure and reporting requirements for listed companies could result in companies moving their primary listing from South Africa to other jurisdictions, the JSE has told the National Assembly’s Standing […]
The National Assembly’s Standing Committee on Finance (Scof) has extended to 25 October the deadline for submitting comments on the omnibus bill aimed at preventing South Africa’s grey-listing next year. On Tuesday, the […]
If South Africa does escape being grey-listed next year, it will be by the skin of our teeth. Time is not on the country’s side when one considers the work that must be […]
The Congress of South African Trade Unions (Cosatu) has called for information about the beneficial ownership of companies to be made publicly available. Cosatu and one of its affiliates, the Southern African Clothing […]
The Department of Social Security is not equipped to deal with the registration of every non-profit organisation (NPO) in the country, while the failure of NPOs to register will have dire consequences for […]
