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Home / Posts tagged “#HighCourt”

#HighCourt

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Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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Claim dismissed after decade-long delay in Discovery Life dispute

A disability claim was paid, then disputed on non-disclosure grounds. Years of stalled litigation meant the court dealt with the case on procedure, not substance.

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Court rejects fast-track repossession bid over disputed debt and flawed process

A High Court ruling has refused FirstRand’s summary judgment bid, signalling stricter scrutiny of debt claims, documentation, and enforcement processes.

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Undisclosed referrals to a competitor FSP lead to debarment

Reconsidering the matter after a High Court remittal, the Tribunal finds the referral activity failed the fit and proper test.

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High Court orders 40% redistribution, weighing pre-marital cohabitation

The judgment shows that long relationships and indirect domestic contributions can justify substantial redistribution under the Divorce Act.

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FIC cannot rely on pre-2022 non-compliance in attorney sanctions, High Court finds

Penalties cannot be based on periods before the FIC assumed supervisory authority, and remediation must be fully considered when imposing sanctions.

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Termination of MyWealth business rescues now subject to court scrutiny

Affidavits before the High Court set out contested positions on process, standing, and potential next steps, including whether liquidation should follow.

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SCA orders RAF to pay R92m to Newnet, sets out compliance steps

The Supreme Court of Appeal orders the Fund to settle R92 million in judgment debt to Newnet and comply with payment and adjudication requirements.

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PI policy: High Court rules against broker in Covid-related claim

The judge finds that a policy operating on a claims-made basis responded according to when the claim was made, not when the alleged negligence occurred.

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Appeal court leaves FAIS debarment ruling intact

The Full Bench finds that the information available to the FSP was sufficient to justify initiating the statutory debarment process.

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Judge upholds decision over electronically signed will

The High Court refuses leave to appeal a ruling directing the Master to accept an electronically signed document as the will of the late Justice Yvonne Mokgoro.

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High Court: Minister’s power to set VAT rate is unconstitutional

The declaration of invalidity was suspended for 24 months and referred to the Constitutional Court for confirmation.

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Passenger who pulled handbrake held to be ‘driver’ for RAF claim

The High Court finds that seizing a vehicle’s controls can make a passenger the legal driver under the RAF Act.

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Ruling clarifies trustee discretion when employers seek to preserve pension benefits

The judgment emphasises the responsibility of trustees to exercise their discretion fairly when deciding whether to withhold benefits in terms of section 37D.

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Deepfake profits and ‘overwhelming’ illegality: Banxso liquidated

The High Court finds Banxso knowingly benefited from deepfake adverts, misled clients about its licence and returns, and is ‘hopelessly insolvent’.

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Bonitas-Medscheme court battle stalls as application removed from urgent roll

Medscheme’s bid to halt Bonitas’ administration transition has been delayed after procedural lapses and unresolved interlocutory issues forced the matter off the urgent roll.

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High Court warns: defamatory posts can cost you – dearly

Social media may feel informal, but legally it is still publication. And publication – if defamatory – can lead to court orders, retractions, and substantial legal costs.

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Ruling confirms consumers may go straight to court under the CPA

The judgment also reinforces that generic voetstoots clauses or poorly explained limited warranties cannot waive statutory rights under the CPA.

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Investment Rates

 

Updated 13 April 2026

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Money Market funds

Updated 13 April 2026

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Liquidation halted, but Ithala’s problems remain
https://youtu.be/_-09Q1eVZJA
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