The medical scheme says legacy issues contributed to post-transition challenges as members report delays with hospital authorisations and medication approvals.
Industry leaders at the IAIS annual conference unpack key risks facing the global insurance market, including the impacts of rising interest rates, geopolitical threats, and the growing role of AI.
The FAIS Ombud warns that failing to adhere to warranty clauses – such as storing jewellery in a safe when not worn – can significantly reduce claim payouts.
The High Court’s ruling emphasises the duty of directors to disclose conflicts of interest and highlights the importance of complying with corporate and B-BBEE laws.
Progress with implementing National Health Insurance will be contingent on the fiscal situation.
After more than 20 years, the Authority is withdrawing Circular PF No. 127, which aimed to streamline surplus submissions for retirement funds in the termination process.
The temptation to speed may be high as you head to your holiday destination. But Discovery Insure’s research shows that speeding not only saves very little time but also increases the chance of accidents.
After years of meticulous development, the International Association of Insurance Supervisors is shifting its focus to the next big challenge: rolling out the Insurance Capital Standard on a global scale.
Accountable institutions that did not pay the smaller fine or remediate their non-compliance now face harsher penalties.
One digital bank emerges head and shoulders above the rest in the 2024 South African Banking Sentiment Index.
Enrolling in selected NQF qualifications by 10 December will result in 50% off the first module, adding significant value to the entire course.
Challenges remain with the representation of black people in executive director roles, ASISA’s latest transformation report shows.
PwC’s ninth tax transparency review shows a growing trend among South African corporates to produce stand-alone tax reports, signalling a commitment to accountability and sustainable business practices.
The two-pot system demands members make choices for vested, savings, and retirement components – all with distinct rules and tax implications. This complexity is driving the need for personalised advice and the systemic changes to support members effectively.
McKinsey Africa has agreed to pay $123 million in a deferred prosecution agreement with the US Department of Justice for its role in a bribery scheme involving Eskom and Transnet.
While challenges remain, improvements in energy supply, the rand, and infrastructure investment offer hope for future growth, provided the government continues to deliver on its promises.
The Information Regulator’s Guidance Note on Direct Marketing under POPIA classifies traditional phone calls as electronic communication.
