Licence withdrawn for failure to comply with financial requirements
It appears that we live in a country where people can flaunt the law at will and get away with it. Reading the daily reports from the Zondo commission makes one’s hair stand […]
Bonitas transition proceeds as administrators outline plans amid legal uncertainty
Sanlam and Momentum outline how they are managing workforce, operations, and risk as the Bonitas transition proceeds despite an unresolved court challenge.
Disruption – more of the same?
Our technology survey indicated that the long-term, short-term and investment sectors all experienced disruption over the past 18 months. Results (Fig. 1) indicate that the long-term sector was most affected, but both the […]
Santam on outstanding CBI and SASRIA claims
With all the prominence given to this matter, it is difficult to believe that some 40% of Santam’s qualifying clients have yet to submit their claims documentation. Santam issued another appeal to clients […]
Santam on outstanding CBI and SASRIA claims
With all the prominence given to this matter, it is difficult to believe that some 40% of Santam’s qualifying clients have yet to submit their claims documentation. Santam issued another appeal to clients […]
Tracking vehicle crime statistics over the past 25 years
In a media release on 3 August, vehicle tracking company Tracker provides details of changing trends in the theft and highjacking of vehicles over the past 25 years. The statistics indicate that the […]
The basics of Employment Equity
Last week we published An Introduction to Employment Equity in which we shared information about who is legally obliged to comply with the requirements of the Employment Equity (EE) Act. We also indicated […]
Stronger transformation laws in banking and finance sector
An article in Businesstech reports on the latest developments in addressing historical and structural inequalities in the financial sector. National Treasury is developing new legislation that will “seek to enhance the transformation imperatives […]
Proposed changes to short-term Policyholder Protection Rules
In its Statement supporting proposed amendments to the policyholder protection rules, the FSCA suggested changes to the PPRs in general, as well as ones relevant to the Long-term and Short-term industries, specifically. This […]
Proposed changes to short-term Policyholder Protection Rules
In its Statement supporting proposed amendments to the policyholder protection rules, the FSCA suggested changes to the PPRs in general, as well as ones relevant to the Long-term and Short-term industries, specifically. This […]
SA Financial Ombud System Dissected
A 300-page diagnosis of the South African Ombud systems while the Olympics were on, and the Boks had to beat the British and Irish Lions to avoid a series defeat was quite a […]
Tax obligations after civil unrest
In an article titled A guide to Employers’ tax obligations after damage to their premises, Joon Chong and Nina Keyser from Webber Wentzel provides valuable guidance on tax options available to business owners. […]
Should companies defer their PAYE obligations?
Jean du Toit, Head of Tax Technical at Tax Consulting South Africa, discusses the implications of President Ramaphosa’s announcement on 25 July that government will provide continued support to businesses by deferring employees’ […]
Five trends to consider to future-proof your practice
Change in the last 18 months has been rapid, with business and advice moving online in a matter of weeks. Zoom alone grew from around 10 million users in 2019 to 300 million […]
FSCA Concerns about Electronic Signatures and Prepopulated Documents can be addressed
Webber Wentzel’s Dawid de Villers, Lenee Green & Portia Mashinini from Webber kindly produced an article discussing the FSCA’s Communication 12 of 2021 (FAIS) on the use of Electronic Signatures and Prepopulated documents. […]
Relief Measures for insured and uninsured
Last year, the insurance industry staggered under the impact of Covid-19. Life assurers had to fork out billions in death claims, and non-life insurers were caught unawares when the courts ruled against them […]
Relief Measures for insured and uninsured
Last year, the insurance industry staggered under the impact of Covid-19. Life assurers had to fork out billions in death claims, and non-life insurers were caught unawares when the courts ruled against them […]
An introduction to Employment Equity
There is an old proverb which says: “What’s sauce for the goose is sauce for the gander” – if something is good or acceptable for one person, it is therefore also good or […]
