The “Bettle” of the Breakdown
This call by Breytie before the match turned out to be accurate, but the match was won out wide by a rampant All Black side against a shell-shocked Australia. The pace was frenetic […]
OMNI-CBR will be embedded in new supervisory technology platform
Financial institutions are advised to pause their internal Conduct of Business Return initiatives pending further communication from the FSCA.
Kenya – Factional struggles over Cord referendum plan
Factions are forming for and against the opposition Coalition for Reforms and Democracy (Cord)’s plan to force a referendum. The main fault line, unsurprisingly, is between Cord and the ruling Jubilee coalition of […]
Nigeria – APC wins Osun governor's election
Rauf Aregbesola of the opposition All Progressives Congress (APC) has won re-election as governor of Osun State in the south-west. Mr Aregbesola won over 56% of the almost 700,000 votes cast in the […]
Registrar authorises portfolios to ‘side pocket’ ABIL debt
The Registrar of Collective Investment Schemes (CIS) will allow CIS managers to create new funds, known as “side pockets”, to host African Bank Investment Limited (ABIL)’s debt instruments. The move seeks to assist […]
Key Individual Qualification Requirement
From enquiries we receive it appears that there is much confusion about qualification requirements for the appointment of key individuals. Much of this stems from the so-called transitional period before 2010 when allowances […]
National Credit Act Training
A recent article posted on Bizcommunity provided a summary of the amendments to the National Credit Act which was published on 19 May 2014. The amendments aim to provide added protection for consumers, […]
Weather with You
One can hardly be blamed for looking at the weather forecast, rather than the team selections, for the second round of the Rugby Championship. This line from a Crowded House song keeps ringing […]
New Battle Lines Drawn in Demarcation Debate
The invitation to respond to the proposed demarcation regulations on healthcare products elicited 461 responses, according to Business Day. The proposals may be unconstitutional, and is likely to be challenged in court. If […]
FedGroup Views on Guarantees
By John Field, CEO FedGroup The recent crisis enveloping African Bank brings to mind the 2002 banking crisis that crippled Saambou – similarly hobbled by risky micro-lending practices. Despite African Bank performing well […]
Weird Kick-off to Championship Series
The Moonstone/Getwine Rugby Championship Challenge Thanks to the unexpected draw in Sydney on Saturday, there were only two winners. André Marais and Deon du Toit will be given the choice of sharing the […]
Stick to the Facts
When certainty is lacking, people often make assumptions. As we all know, to assume often leads to making an Ass of U and ME. Speculation about what the new regulatory environment will look […]
The Moonstone/Getwine Rugby Championship Pool
This Superbru pool is open to all our subscribers. Our sponsor, Getwine.co.za, will deliver a mixed hamper of six wines to the weekly winners, and the overall winner will receive a further six […]
FICA and your FSB Licence
I recently spoke to a broker in the North-West Province who only conducts short-term business, but is also licenced for several other categories. This is quite common – many of those who applied […]
Real Restitution
In the space of the last eight weeks we saw seven determinations against one FSP, and it is likely that there is more to come. The total in fines meted out by the […]
The Moonstone Getwine Rugby Championship Challenge
The Moonstone/Getwine Rugby Championship Challenge Our Superbru pool already boasts 68 members, so if you are keen to join, please do so today, as we will limit the group to 100. The competition […]
Swaziland – Off with their heads… justice, Swazi style
The conviction and sentencing of two Swazi activists was a done deal before they walked into court on charges of contempt. However worrying the conviction of journalist Bheki Makhubu and human rights lawyer […]
Qualifications Deadline
A representative appointed after 1 January 2010 for the first time, and for the specified sub-categories, is required to have an approved qualification as part of the fit and proper requirements. If he does not, […]
