
Fintech Kastelo weighs walking away from appealing blocking order
The FSP has paused its crypto-arbitrage service after the High Court upheld the SARB’s order, finding reasonable grounds to suspect exchange control contraventions.

The FSP has paused its crypto-arbitrage service after the High Court upheld the SARB’s order, finding reasonable grounds to suspect exchange control contraventions.

Chief executive Patrick Dlamini’s suspension was unlawful because the prescribed governance process was not followed.

The High Court accepted the adviser’s explanation of an Afrikaans expression for interim purposes, but held that unresolved earlier allegations could still justify terminating his contract.

Practitioners say the judgment may reshape how assets, spousal claims, and property transactions are handled where marriages span several jurisdictions.

Medscheme says the CMS has broadened its investigation into Bonitas’s procurement processes, but Bonitas disputes that interpretation.

OUTA’s challenge raises fresh questions about AARTO’s legal foundations, but for now the rollout continues unchanged while the High Court considers the application.

A couple’s joint estate has been finally sequestrated after the High Court rejected several challenges to the Prudential Authority’s case.

The High Court finds that most of the payment was a recoverable, interest-bearing deposit rather than expenditure incurred for genuine insurance cover.

The ruling preserves a key anti-fraud tool that industry bodies say protects member funds and helps contain healthcare costs.

The High Court backs the SARB’s position that moving Bitcoin to foreign exchanges can amount to an unlawful export of capital.

In certain CPA disputes, the three-year period for pursuing a complaint begins when a supplier refuses to provide a remedy, not necessarily when the underlying service was performed.

The SCA rules that section 127(8) of the NCA empowers Magistrates’ Courts to hear these claims, but it does not bar High Court proceedings.

The judgment strengthens constitutional protections for homeowners by rejecting speculative ‘drive-by’ property valuations used in foreclosure proceedings.

The High Court’s decision shows how commission-style lead arrangements can be characterised as FAIS intermediary services, with enforceability consequences.

Leave to appeal was also refused in Hollard’s linked recovery case, where the Court ordered R39.8m to the insurer under indemnity and suretyship arrangements.

The judgment criticises the Fund’s continued resistance to medical-expense claims already addressed in earlier Western Cape rulings.

The High Court finds the Council must disclose the material it relies on before taking a decision that affects the provider’s ability to operate.