It’s ‘business as usual’ for debarred director of Classic Financial Services
A provisional sequestration order for the estate of Classic Financial Services director Jacobus Geldenhuis has been granted.
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.
Global Money Week: promoting financial literacy with MBSE courses
Moonstone Business School of Excellence has three short courses that will improve your money management skills.
Fairtree wins South African Manager of the Year award
The full list of winners at this year’s Raging Bull Awards ceremony.
Bad analysis feeds mistrust in SA’s financial system, says Kganyago
The governor of the Reserve Bank also says he is confident the country will get off the grey list in 2025.
Ransomware gang claims to have leaked government pension data
LockBit, the cybercriminal group allegedly responsible for the attack, was the subject of a take-down operation by global law enforcement agencies.
Rising fire risks prompt urgent focus on insurance in the agri sector
A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.
Forensic investigation finds no evidence of billing fraud at Mediclinic
ENSafrica identified some incidents involving mistakes or unintended errors, but these were ‘random and minuscule’.
Same falsified Uber receipts, but a different outcome at the Tribunal
There are differences in the circumstances surrounding the debarments and the reconsideration applications.
New earnings threshold takes effect on 1 April
If you earn above the threshold, certain provisions of three pieces of labour legislation no longer automatically apply.
Increase in penalty for non-submission of insurance returns
The penalty is R8 215 a day, in terms of the Long-term Insurance Act or the Short-term Insurance Act.
Bitcoin’s price discovery justifies a core holding
The primary supply of Bitcoin is running dry, and the secondary supply is limited.
Board of Healthcare Funders takes Council for Medical Schemes to task in lawyer’s letter
The BHF raises 10 issues, including the ‘misuse’ of curatorships, whether NHI is informing policy prematurely, and the absence of low-cost benefit options.
Sanlam’s India operations pave the way to stellar performance in 2023
All eyes are on the group’s pan-African joint venture with Allianz, to see whether it will mirror the achievements of Sanlam’s interests in India.
Wife accused of murder cannot receive a death benefit
‘The bloody hand does not inherit’ is an established common law principle, says the Pension Funds Adjudicator.
Two pots: administrators encouraged to submit draft rule amendments
The FSCA expects to receive a large number of amendments, so it would like to have prior sight of the proposed amendments beforehand.
ASISA’s interim CEO’s focus is on people and potential for improvement
Adrian Burke, ASISA’s newly appointed acting chief executive, shares his approach and objectives during his tenure at the organisation.
Carrick Wealth partners with UK investment group Marlborough
Marlborough’s Ireland-domiciled UCITS multi-asset portfolios will now be included in Carrick Wealth’s range of investment options.
