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Global Money Week highlights economic challenges for young people in SA

Global Money Week (GMW) officially launched on Monday with an event live streamed from Paris featuring a high-level panel of global leaders and public authorities providing key insights on how to advance financial literacy and education in the current challenging environment. Money Smart Week South Africa, the South Africa’s largest co-ordinated financial literacy campaign which […]

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covid

CMS and FPI host webinar on Covid-19 as PMB

The Council for Medical Schemes, in collaboration with the FPI, will host a webinar on Tuesday, 30 March 2021 to inform healthcare brokers and members of medical schemes about the latest developments and legislation governing COVID 19. At the end of the webinar, the delegates will be able to: Know rights and responsibilities as members […]

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outsourcing-compliance

FIC Public Compliance Communication 12A provides guidance on outsourcing of compliance activities to third parties

In June 2020, the Financial Intelligence Centre (FIC) called for comments from accountable institutions, reporting institutions, supervisory bodies, and other persons, as discussed in a Moonstone article titled “Draft Public Compliance Communication 12A – Guidance on outsourcing of compliance activities to third parties”. These comments have now been considered and as a result the FIC issued […]

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education-savings

Investing for education amidst the uncertainty of a pandemic

News reports recently revealed that the cost of attending some of South Africa’s most prestigious schools cost in excess of R300 000 per year for tuition and boarding, with annual increases totalling 5% or more. This is almost double the cost of attending some of the country’s top university residences and undergraduate fees. While most […]

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child-right-inheritance

Parental obligations towards children’s rights

On Sunday we celebrated Human Rights Day, a day of great importance in our young democracy. Of equal importance are the rights of young humans in terms of the obligations on their parents and guardians in this regard to ensure that their little ones are protected long after the parents are gone. This includes ensuring […]

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fcsa-bitcoin

FSCA issues second crypto health warning

In a recent press release the Financial Sector Conduct Authority (FSCA) notes its concern with the increasing volume of crypto assets (cryptos) related losses suffered by financial consumers in the past months and urges the public to be extremely cautious and vigilant when dealing with cryptos for any financial services business. This follows the recent […]

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Facebook

Top ways to promote your business on Facebook

One year since the country entered lockdown, digital payments have become the norm for convenient and safe transactions. Illustrating this trend, online payment gateway PayFast saw a 412% increase in payments made using QR codes between 01 March 2020 and 28 February 2021. Some of the fastest new growth industries include online alcohol sales, bakeries […]

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