How the Steinhoff Group propped up its profits
The National Prosecuting Authority’s indictment against former Steinhoff executives lays bare a ‘sophisticated washing machine’ that generated ‘entirely illusory profits’.
Deloitte
Navigating 2024: key trends shaping the future of the insurance industry
From global risks to AI advances: experts share their insights into the forces steering the insurance landscape in the year ahead.
Millions of rands siphoned from Numsa’s insurance company, report shows
Millions of rands in insurance premiums paid by members of the National Union of Metalworkers of SA (Numsa) were siphoned from life insurer 3Sixty Life to prop up other Numsa-owned companies between 2017 […]
‘Embattled life insurer paid for Irvin Jim’s birthday party’
National Union of Metalworkers of South Africa (Numsa) general secretary Irvin Jim scored a R40 000 birthday party, and his daughter a laptop, thanks to a life insurance company owned by Numsa’s workers’ […]
Tongaat Hulett may take legal action against Deloitte
Sugar producer Tongaat Hulett may take legal action against Deloitte if “engagements” about the role its former auditor played in the “mismanagement of the company” do not result in an amicable settlement. In […]
International Survey maps the future of home and motor insurance
A recent Deloitte survey aimed at discovering what customers want, and how COVID-19 has shifted their needs, highlighted that customers favour simplicity. This was the primary finding of a survey of 8 000 customers […]
