Two new Blue Jays on the Horizon
Bulls 23 – Sharks 19 Heyneke Meyer will no doubt be very happy about a new “problem” which emerged from Saturday’s big tussle. The two Blue Jays in the Bulls side, Jacques du […]
New SARS filing feature could mean fewer verification delays
By addressing minor inconsistencies upfront, taxpayers may avoid verification delays and receive refunds sooner where applicable.
Zimbabwe – Low inflation turns into deflation during February
The Zimbabwe National Statistics Agency (Zimstat) has published its consumer price index (CPI) for February. The organisation measured a 0.48% y-o-y decline in the cost of the benchmark consumer basket, putting Zimbabwe […]
Are We Experiencing Regulatory Overkill?
The head of Britain’s recently formed Financial Conduct Authority (FCA) was accused of backtracking on a promise to introduce “proportionate” red-tape on insurance brokers by the British Insurance Brokers Association (Biba), according to […]
Impact of Legislative Changes on Regulatory Exams
Impact of Legislative Changes on Regulatory Exams The announcement that the Financial Services Laws General Amendment Act, 2013 (Act 45 of 2013) came into operation on 28 February 2014 will necessitate changes to […]
Super 15 Predictions a Tough Call
T20 World Cup To join us in the fun prediction pool, please go to the Moonstone pool Tref & Trap. The pool code cedeveil, and the tournament is called World T20. Cheetahs vs […]
Treasury Proposals to Promote Savings
A media release on Friday sheds more light on these planned initiatives by the government to supplement the current interest income exemption with tax free savings accounts: This paper lays the basis for […]
Update on Retirement Reforms
The 2014 Budget announcement contained more detailed information on where we currently are on the road to extensive reforms of the retirement industry. A media release by National Treasury on 14 March 2014 […]
Super 15 Log Review after Round 5
Super 15 Log Review after Round 5 We are roughly one third through the round robin section of the competition. While those at the top will regard complacency as their major threat, others […]
Zimbabwe – Disappointing start to tobacco auctions
The Tobacco Industry and Marketing Board (TIMB) has reported a y-o-y decline in tobacco prices since auctions started on February 19. Farmers have received on average $2.87/kg compared to a figure of $3.42/kg […]
Moonstone’s Compliance Solution
There are a wide variety of compliance service providers in the financial services industry, which makes it difficult to compare apples with apples. We list below the services offered by Moonstone, and a […]
Asisa Feedback on Budget Speech Comment
From the February 2014 edition of the Asisa’s Dispatches: A number of members and stakeholders have asked us to provide context to the announcement by Finance Minister Pravin Gordhan as part of his […]
Bruising Battles Ahead
T20 World Cup This competition sees the top twelve national cricket sides come together for two fast and furious weeks of T20 cricket action. To join us in the fun prediction pool, please […]
Foreign FSP Registration
Foreign FSP Registration A Foreign representative is recorded on the Registrar’s database using his/her passport number as identification. Unfortunately, each time a passport is renewed, a new passport number is issued. The Registrar’s […]
Compliance Monitoring
This topic is covered in FAIS Newsletter 16, published on 13 December 2013. It is of particular importance to FSPs who tend to think that complying with the FAIS Act and the General […]
Withholding of Pension Withdrawal Benefits
A recent determination by the Pension Funds Adjudicator concerns an employer’s decision to instruct the administrator of the pension fund to withhold the complainant’s withdrawal benefits after terminating his service. In their response […]
Old Dogs and New Tricks
Old Dogs and New Tricks – Our marketing colleague, Divan Kleynhans, mentions that it was a good weekend for the Old Boys Club to put their hands up. Victor Matfield, Schalk Burger and the […]
Zambia – Policy rate, statutory reserve ratio raised amid kwacha concerns
The Monetary Policy Committee (MPC) of the Bank of Zambia (BoZ, the central bank) elected to raise the policy rate for the first time in eight months at their meeting held on February […]
