Final countdown for administrators and employers to prepare for the two-pot system
Discovery Corporate and Employee Benefits provides a checkist of what employers should be doing before 1 September.
FSCA slaps Banxso and directors with record R2bn fine
The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
Only days left to book for Moonstone’s webinar on restraint of trade agreements
How to use restraint of trade and confidentiality agreements to protect your business’s proprietary interests and competitive edge.
Members can expect payment delays when making withdrawals from the savings pot
The allocations to the savings component can happen only from 1 September onwards, says Old Mutual.
Health insurance benefit increases for 2024 published
The annual benefit escalations for policies that fall under the Demarcation Regulations.
Glimmer of hope for when the SARB will start cutting the repo rate?
Governor Lesetja Kganyago says the central bank will remain committed to reining in inflation if a new government spends more and the deficit increases.
SCA judgment has implications for directors, companies, and D&O insurers
The decision confirms that directors are generally not liable to the company’s creditors unless there is an abuse of the corporate structure.
Unauthorised financial services business: FSCA issues a long list of entities and individuals
Boutique asset manager Denker Capital is the latest FSP to be impersonated by fraudsters operating on social media.
AI, digital currencies, and ESG are shaping currency trading strategies
Citadel unpacks currency fluctuation dynamics and how the rand is impacted by global and local events and indicators.
AfriForum criticises Craig Warriner’s plea deal for lack of disclosure
The recent plea deal resulting in a 25-year prison sentence for Craig Warriner is under scrutiny for allegedly failing to serve the interests of justice and providing minimal benefit to the State beyond administrative closure.
Certain FSPs and CIS managers must provide information about FICA compliance
The DPI applies to all FSPs excluding FSPs that are exclusively authorised to render financial services in respect of non-life insurance and/or health service benefits.
Another setback for CMS in legal battle over LCBO documents
The signing of the NHI Act does not mean the BHF is letting up in its fight for regulations on low-cost benefit options.
Final opportunity: access MBSE’s CPD courses instantly as cycle nears its end
MBSE will unveil its updated courses for the new CPD cycle on 1 June, giving a head start for those eager to avoid the last-minute rush.
Investors reap the rewards of staying the course in (global) equities
Excluding reinvestments, the local CIS industry experienced net outflows in the year and the quarter to the end of March 2024.
Solidarity and BHF file court papers challenging NHI
The trade union says moves are afoot for members of the National Assembly to bring an application against the NHI Act.
Regulator announces deadline for the submission of PAIA reports
The heads of private bodies, information officers, or deputy information officers must be registered with the Information Regulator to submit an annual report.
Discovery Bank launches ‘shared-value’ home loan product
The bank claims its dynamic interest rate offering will allow clients to save up to R2.8 billion in interest repayments a year.
Why I opt for BHP rather than Anglo
An analysis of the consolidated value of Anglo’s mining production compared to its share price indicates that BHP’s valuation is justified.
