SARB forfeits nearly R11m in assets from former Steinhoff executive
The Reserve Bank orders the forfeiture of Chris Grové’s cash, property, and vehicles following a long-running exchange-control dispute.
Why retirement advice isn’t changing behaviour
Access to education and information has expanded, but the challenge is turning member engagement into better financial decisions and outcomes.
Seven years of growth: What Bestmed’s numbers say about its sustainability
Membership, claims, reserves, and solvency all point to a strong year, but they also reveal the long-term pressures facing the scheme.
Trust tax filings jump as penalties start to roll out
Trustees face growing pressure to file outstanding returns or formally deregister dormant trusts before penalties escalate.
Discovery financially stronger, but beneficiary base shrinks again
DHMS improved its solvency, surplus and principal membership, but an ageing risk pool, fewer beneficiaries, and a claims-system error tempered the year’s progress.
Tribunal clarifies test for qualification exemptions
The ruling explains why exemption applications require objective statutory grounds rather than pleas for indulgence.
FSCA provisionally withdraws Mixirite’s licence
The regulator’s concerns include alleged high-pressure sales tactics, unrealistic return promises, and inadequate disclosures to clients.
Ithala enters next phase as repayment administrator’s role comes under review
As the National Treasury-backed repayment programme for Ithala depositors nears completion, KZN Treasury says the Prudential Authority will review the repayment administrator’s role.
ConCourt confirms limits of VAT relief for second-hand gold
Refining does not erase the legal significance of earlier manufacture into non-prescribed forms such as jewellery.
Could your Uber ride be processed as an international payment?
The SARB is proposing new rules to address situations where local services are paid for through offshore payment networks.
Consumers fear they are running out of financial breathing room
A Debt Rescue survey suggests many households have little capacity left to absorb higher borrowing costs, adding to concerns about rising food, fuel, and electricity expenses.
Seven-year R5.5m fraud exposes dangers of unchecked payment controls
Businesses should regularly review user permissions and payment approvals to reduce opportunities for financial misconduct.
SCA’s property rights ruling has lessons for new expropriation law
The ruling was decided under the 1975 Act, yet commentators say its constitutional principles will remain relevant when the new law eventually takes effect.
Living benefits dominate claims among under-30s
Discovery’s claims data highlights how illness and disability can disrupt a young adult’s financial future long before retirement planning begins.
High Court upholds medical schemes’ recovery powers
The ruling preserves a key anti-fraud tool that industry bodies say protects member funds and helps contain healthcare costs.
MBSE marks a milestone with first in-person graduation ceremony
As graduates celebrate their success, prospective students have until 29 June to enrol for the second semester of the 2026 academic year.
Connected data is strengthening the fight against tax evasion
Advanced data matching is helping SARS to identify businesses and individuals whose tax affairs do not align with their activities.
Tax filing season will put new security measures to the test
After concerns over profile hijackings and fraud, SARS says stronger security measures are central to its digital-first tax-filing strategy.
