The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
Throughout the world, COVID-19 has been fuelling the acceleration of digital transformation. New research from TransUnion on the performance of insurers during the pandemic also indicates this trend. “The pandemic has sparked a […]
The annual SAPS crime statistics for the period April 2019 to March 2020 revealed an alarming increase (13%) in car hijackings – 18 162 cases that equates to 50 cars being stolen in South Africa every […]
I had two dear friends who were just good people. One day they came to me and introduced me to their new cause; an orphanage taking care of young children. You do not […]
The Minister of Finance has published amendments to the Financial Sector Regulations in terms of sections 61(4), 288 and 304 of the Financial Sector Regulation Act No.9 of 2017 (FSR Act). “… weaknesses […]
Ask Afrika is conducting independent research on an ongoing basis to understand the socio-economic impact that the Coronavirus, lockdown and gradual reopening of the economy has on South Africans. The latest results show […]
“We are all at a crossroads and needing to reimagine our future. Several macro trends were already in play before COVID arrived and this has just escalated the conversation and the need to […]
Further to previous publications by the Financial Sector Conduct Authority (FSCA) on the problematic issue of Contingent Business Interruption (CBI), the Authority has now published details of its letter to non-life insurers on […]
Further to previous publications by the Financial Sector Conduct Authority (FSCA) on the problematic issue of Contingent Business Interruption (CBI), the Authority has now published details of its letter to non-life insurers on […]
The Insurance Crime Bureau (ICB) previously issued a vehicle recall scam alert following a significant increase in the number of cases. It seems that this scam is still active and here is some […]
The Insurance Crime Bureau (ICB) previously issued a vehicle recall scam alert following a significant increase in the number of cases. It seems that this scam is still active and here is some […]
DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]
DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]
South Africa’s crime levels not only have an impact on individuals, families and communities, it also has serious financial implications, especially on the insurance industry as the increase in crimes lead to an […]
South Africa’s crime levels not only have an impact on individuals, families and communities, it also has serious financial implications, especially on the insurance industry as the increase in crimes lead to an […]
Recent announcements by the President and Minister of Finance conveyed the disgust of South African citizens with the rampant plague of theft and fraud permeating the country. A headline in Daily Maverick Citizen […]
August is Women’s Month, a reminder to highlight the contributions of women to events in history and contemporary society. Financial services group Liberty has recently launched a series of online conversations to unearth […]
Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the […]
