Sanlam to take controlling stakes in its insurance JVs in India
The group believes its partnership with Shriram will enable it to benefit from India’s growing economy and burgeoning population.
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
Read moreThe group believes its partnership with Shriram will enable it to benefit from India’s growing economy and burgeoning population.
Medsafu’s letters alerted the applicant that the outcome of the process may include debarment, the Tribunal finds.
Most of the SALTAs for performance went to 1nvest, First National Bank, and Union Bank of Switzerland.
A missing person’s affairs are in legal limbo until a death certificate is issued or the High Court makes a presumption of death declaration.
The combined business will have assets under administration of more than R230 billion.
A failure to comply with specific BEE thresholds outlined in transformation plans could lead to the Authority withholding licences.
A fiduciary expert discusses the legal complexities surrounding attached assets in the wake of Markus Jooste’s death.
The exemption will remain in force for 12 months unless a decision is made on low-cost benefit options before 31 March 2025.
Nirvesh Financial Services was also penalised for failing to ensure that its representatives, Veracity and its directors, complied with the applicable laws.
Investors were promised returns of up to 400%, but there was no legitimate financial product or investment activity, the FSCA says.
The complainant was aggrieved because he received R470 000 from the R700 000 put into an investment plan with income.
SARS rakes in more from personal income and VAT, but corporate tax slumps by almost 9%.
The Authority will deem financial statements and other reports as outstanding until they are correctly captured and submitted on the FAIS e-Portal.
The Financial Intelligence Centre has revised the reports first issued in March 2022.
Despite Parliament’s commitment to prioritise the Road Accident Amendment Bill, there has been no further communication about the comments submitted on the draft legislation.
Coenraad Botha and his wife are facing 64 charges in Namibia related to an alleged illegal investment scheme involving N$163 million.