Madlanga Commission: Why fixing policing matters to business
The inquiry’s revelations about organised crime and weak enforcement have implications for AML effectiveness, investment, and the recovery of criminal proceeds.
BHF: CMS’s contribution guidance could create unrealistic expectations
The industry body says the 3.8% benchmark does not fully reflect the utilisation and underlying healthcare-cost pressures that schemes face.
Tribunal draws line between discipline and debarment
An FSP cannot treat debarment as an automatic consequence of a disciplinary finding, the Tribunal says, setting aside a process riddled with procedural failures.
Absa takes over custody of GEPF’s R3.5 trillion
Absa is taking over custody of the GEPF’s R3.5 trillion portfolio – but what does a master custodian actually do, and what does the change mean for the Fund’s 1.7 million-plus members and beneficiaries?
Why South Africa’s changing fire risk matters to insurers
Evolving buildings and technologies are complicating structural fires, increasing the importance of prevention, resilience, municipal capacity, and effective risk transfer.
Insurer cannot rely on policy terms after adviser’s misrepresentation
A policyholder’s godfather was recorded as her father despite the adviser knowing the true relationship, leading to a ruling that the insurer must pay the claim.
The rand’s long-term outlook may be changing
Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.
Treasury’s proposed unclaimed-assets model revives central fund debate
The framework separates administration from custody and investment and introduces a possible time limit on owners’ and beneficiaries’ claims.
When AI becomes the risk, who will insure it?
iTOO is building an AI insurance book cautiously, using performance data, international experience, and reinsurance to price a risk that is still evolving.
SARS begins biggest VAT reporting overhaul in decades
The shift to near real-time reporting promises better fraud detection and faster refunds, but businesses face significant technology costs and implementation challenges.
It may be claim number 49. It’s their worst day.
A routine interaction for an insurance professional can be a crisis for the person on the other side, making empathy a practical part of the job.
Bonitas transition stabilises, but providers still face problems
Operational improvements have reduced the disruption, but short-paid and unpaid claims, tariff discrepancies, and difficult authorisations continue to require attention.
Why I’m bracing for a surge in stock market volatility
Rising bond yields and widening credit spreads suggest mounting risk, but equity valuations have yet to reflect it, raising the prospect of sharper market drawdowns.
Tribunal sets aside Sanlam debarment over client cash deposits
The adviser breached Sanlam’s internal cash-handling rule, but the conduct did not establish a lack of honesty and integrity.
Regulation of Trusts Bill: Stronger powers and protections
The Bill would introduce additional safeguards for particular trust arrangements, strengthen the Master’s supervisory powers, and change the trust-termination process.
Document checklist falls short in retirement fund withdrawal dispute
The Tribunal found that evidence of tax non-residence must be assessed against the legislation, with clear reasons given when it is considered insufficient.
Responsible investment: South Africa has the policies, but can it prove they work?
Most asset owners say they are responsible investors, but 43% have no independent way to assess whether their managers are delivering on their ESG commitments.
No investor harm does not mean no compliance breach
The Tribunal finds that commercial circumstances did not justify implementing a major transaction before shareholder approval.
