Sygnia advert’s claims about RA fees based on ‘virtually meaningless’ model
The Advertising Regulatory Board questions the relevance of a hypothetical model published by National Treasury 11 years ago.
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
Ninety One’s Value Fund positions for ‘good outcome’ to the election
The market is pricing for an ANC alliance with the EFF or MK, but Ninety One believes the chances of this happening are low.
Unnoticed changes to documents crucial to BI dispute between mall owners and insurers
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
Magnificent Seven: opportunities arise from divergent performance
With economic factors such as inflation and central bank actions looming large, the outlook for technology stocks remains uncertain.
BHI Trust creditors face a dilemma: double down or stand down
The trustees advise ‘that a contribution will currently be levied against creditors until such time that sufficient recoveries are made for the benefit of creditors’.
Government invests R282 billion and earns R1 million in dividends
Of six state-owned companies, only one has paid a dividend over the past five years.
CMS invites BHF to collaborate, criticises ‘forum-shopping’ tactics
The BHF’s canvassing of key policy issues in the public domain via a ‘deliberately leaked’ lawyer’s letter indicates the organisation ‘has run out of creative ideas’.
Council mulls outsourcing appeal adjudication amid BHF accusations
The CMS asserts that medical schemes have frequently disregarded the existing appeals procedures, exploiting them to the detriment of members’ interests.
South Africa has seen net positive FDI since 2018
SA received foreign direct investment inflows of nearly R100bn in 2023 as non-residents maintained a ‘moderately positive’ view of the country’s business ecosystem.
More than 230 court judgments are late
The Office of the Chief Justice discloses the courts where judgments have been outstanding for at least six months.
High Court orders insurer to reconsider unfair debarment carried out in 2016
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
CMS denies it is sabotaging medical schemes to boost NHI
The regulator comes out swinging in its response to the Board of Healthcare Funders’ claims of bullying and curatorship abuse.
Deadline looms: MBSE’s CPD courses offer last-minute solutions for professionals
Moonstone Business School of Excellence’s CPD courses offer flexible e-learning options that can be completed on various devices, anytime and anywhere.
Ransomware surge signals growing cybersecurity risks, Aon report warns
A number of high-severity ransomware incidents hit insurers’ books in 2023, Aon South Africa’s 2024 Insurance State of the Market Report says.
How can gap cover add value for my clients and how do I help them choose the right policy?
The difference between medical scheme cover and medical insurance – and where gap cover fits in.
Weather-related catastrophes ‘signal a looming crisis’ for insurance market
Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.
Cybercriminals ramp up their attacks on tax practitioners
SARS responds to reports of hackers accessing practitioners’ eFiling profiles, removing clients, and changing banking details.
