SCOPA calls for overhaul at Road Accident Fund after ‘disastrous’ legal outcome
It says the RAF board and executives should be held personally responsible for the expenses incurred in the ‘irresponsible’ court action against the Auditor-General.
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreIt says the RAF board and executives should be held personally responsible for the expenses incurred in the ‘irresponsible’ court action against the Auditor-General.
The Authority responds to media statements by entities claiming to be the first or only licensed institutions.
The allocation to members’ Profit-Share Accounts soars from R620 million to R4.54 billion thanks to strong investment returns.
The group’s after-tax profit from its insurance business increased by 12%, with its funeral plans now covering more than 12 million lives.
Life insurance payouts rose in 2023, while Covid-19 claims fell sharply, indicating the virus’s shift from pandemic to endemic status.
Lusizo Henna laundered the R3.1m refund within 14 days of SARS paying the money into his business account.
The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.
The ruling makes the Tax Courts more accessible, but there are risks to taking on SARS without a qualified and experienced legal representative.
A tribute to a great friend of the industry and a champion of the work that compliance officers do.
The trading platform denies any involvement in the deepfake advertisements that circulated on social media.
Investment Solutions by Alexforbes provides IFAs with access to previously inaccessible asset classes.
In 2022, the industry saw a net income of R2.57 billion – down from R12.18bn in 2021 – and faced an operating deficit of R6.155bn, the largest in 23 years.
The final dividend was 14% higher than last year, while headline earnings rose by 11% to R1.033bn.
The bank also says it closed the accounts of some 190 clients in 2023 following ‘reviews of client activity and related reputational risks’.
Paul Hutchinson, sales manager at Ninety One, recommends growth-focused investments to protect against long-term economic changes – and inflation.
The move aims to stem the tide of delistings, which has halved the size of Africa’s largest stock exchange since 2001.