The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
The minister of finance, Alexander Chikwanda, delivered the 2015 budget address, entitled “Celebrating our Golden Jubilee as One Zambia One Nation by making economic independence a reality for all” to the national assembly […]
Outcome Six: After Sales Service The final outcome requires that clients do not face unreasonable post-sale barriers to change product, switch provider, submit a claim or make a complaint. The word “unreasonable” is […]
Diligent financial advisors conduct regular reviews of their clients’ portfolios to ensure that their aims and goals are on track. This is not only a regulatory requirement, but essential for new business purposes […]
At the recent regulatory exams in London, it came to our attention that firms operating in the UK and other countries experience substantial problems when applying for licences to operate in South Africa. […]
A media release by the Competition Commission on 13 October states that it has launched investigations into “…price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive […]
A FSB media release on 9 October highlights far-reaching implications for finance and loan providers who coerce clients to make use of in-house brokerages. A recent judgement by the Supreme Court of Appeal […]
Business Day reported on 12 October about a court challenge to what it terms “dodgy micro lending.” In an unprecedented legal challenge, the University of Stellenbosch’s Legal Aid Clinic (LAC) is taking on […]
The future of South African rugby looks very exciting, judging from the last three outings by the national side, and the sides at the top of the Currie Cup log. The massive crowd […]
The Financial Services Board (FSB) warns the public to refrain from conducting any financial services business or investing funds with Discount Mart Cleaning Services CC trading as DMC Holdings (DMC) and/or Mr Abdool […]
President Jakaya Kikwete formally received the draft of the new constitution on Wednesday, October 8. At a ceremony in Dodoma, Mr Kikwete and the president of Zanzibar, Ali Mohammed Shein, received copies of […]
It is scary to think that Christmas is only 11 weeks away. If you were granted an extended deadline, you need to do some urgent planning to make things happen. If you are […]
The Financial Services Board (FSB) confirmed in a media release that an application for leave to appeal in a matter brought by Simon Nash, CEO at Cadac, against the regulator and a number […]
In view of an article I wrote some time ago, a radio station approached me this week to take part in a discussion concerning investments that offer exceptional returns. I politely declined as […]
The importance of the legal requirement to only conduct business with a duly authorised financial services provider was painfully underlined in the latest order by the Enforcement Committee (EC), when the respondent, a […]
Outcome 5 of Treating Customers Fairly requires that “Clients have products that perform as FSPs told them it would, and the service is at an acceptable standard, and what they expect.” It is […]
Die meeste van ons sukkel nog om die impak van Saterdag se oorwinning oor die All Blacks reg te verwerk. Van die meer sober gedagtes wat sedertdien aan die lig gekom het, is […]
