Why policyholders complained to the short-term ombudsman in 2023

‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.

‘We do not need a BRICS currency,’ says Kganyago

A BRICS reserve currency might be more volatile than other currencies because it will be subject to five different fiscal policies, says Sarb Governor Lesetja Kganyago.

Sarb governor says ‘naughty local governments’ are driving inflation

South African Reserve Bank Governor Lesetja Kganyago unpacks the risks to inflation and the country’s ability to surmount them.

Insurers still quantifying losses from Western Cape storm

The City of Cape Town has declared the storm that ravaged the Western Cape over three days in September ‘a major incident’.

Discovery Health’s 2024 contribution increases await green light from CMS

There are concerns that members with Saver plans will experience severe cuts to the allocations to their medical savings accounts.

How SA employment laws are promoting the inclusion of women in the workplace

The discrepancies between the treatment of women and men in the workplace are to some extent decreasing, but women continue to experience barriers to retention and promotion.

Former bank employee’s ‘good intentions’ not enough to avoid debarment

The Financial Services Tribunal hears another case involving a representative who ‘completed’ proof of address letter on clients’ behalf.

RAF amendments ‘will result in higher medical scheme contributions’

The proposed liability exclusions in the Road Accident Fund Amendment Bill will hit medical schemes and short-term insurers hard, legal experts warn.

RAF amendments will severely curtail the rights of road accident victims, say experts

The draft legislation allegedly restricts a road accident victim’s right of access to the courts and does away with general damages compensation.

Law firm off the hook for R2.5m Ponzi scheme claim

Legal missteps in a substitution application have left a R2.5m claim against a law firm implicated in a 2010 Ponzi scheme dead in the water.

Navigating a polycrisis landscape in South Africa

Thabile Nyaba, chief risk and sustainability officer at Old Mutual Insure, shares how the insurance industry can help South Africa to weather the economic and geopolitical storm.

Taiwan – a country preparing for a possible war

With 12 038km between South Africa and Taiwan, the East Asia island’s woes as it prepares for a possible invasion by mainland China might seem far removed. However, should their ‘non-provocative’ cross-strait policy fail, the fallout will shake the world.