The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.
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The Consumer Protection Act prescribes that consumers receive goods that are fit for their intended purpose, of good quality, and durable for a reasonable time.
The Companies Amendment Act provides for more disclosure by companies, and the Companies Second Amendment Act extends the time bars to applications for director delinquency and proceedings to recover loss due to director liability.
The deterioration in Sizwe Hosmed’s reserves is attributed to ‘benefit under-pricing and historically unreliable budgetary and forecasting processes’.
The Ombudsman for Banking Services was kept busy with complaints about current accounts, loans, savings accounts, credit cards, and home loans.
A challenge to the RAF’s failings must consider the complex inter-governmental duties on which the social security scheme depends, judge says.
The top three achievers in MBSE’s Higher Certificate in Short-term Insurance share their experience with the course and its impact on their careers.
The cases dealt with by the banking ombudsman last year included a home auctioned for far below its value and fraud linked to a stolen phone.
René van de Spreng, a wealth manager and director at Apex Private Wealth, is one of three finalists for the 2024 Financial Planner of the Year Award.
The latest Old Mutual Savings & Investment Monitor finds a decrease in households dipping into their savings and cashing in their investments early.
The former Old Mutual adviser claimed the complainants were not his clients but his relatives who had agreed to lend him the money.
Moonstone Compliance offers a range of services in respect of FICA and anti-money laundering compliance aimed at accountable institutions.
The Authority also agrees to reconsider its decisions to withdraw the licences of four entities.
The formation of the GNU sparked a rally in local financial markets. But as storm clouds gather on global equity markets, the long-term outlook remains uncertain.
The FST finds that the FSP’s attempt to use debarment as a tool to resolve an employment dispute is a misuse of the FAIS Act’s provisions.
The Money Stress Tracker survey finds that consumers’ response to financial strain is long on intent but short on action.
It was a ‘material factor’ that the specimen signatures were in hard copy, whereas the disputed signatures were electronic.
