Fifth wave could hit SA in April or May
A fifth wave of Covid-19 could hit South Africa in April or May, but Discovery thinks it is unlikely that it will be more severe than previous waves, says group’s chief executive, Adrian […]
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Did ‘misleading and false claims’ about Covid vaccines sink employee’s chances at the CCMA?
The CCMA’s decision that the dismissal of an employee who refused to be vaccinated against Covid-19 was substantially fair has generated a considerable amount of interest (see our report). Constitutional law expert Professor […]
Dismissal for refusing to be vaccinated is fair, says CCMA
The Commission for Conciliation, Mediation and Arbitration (CCMA) decided this month that the dismissal of an employee who refused to be vaccinated was substantively fair. Daniel van der Merwe, the Eastern Cape manager […]
New year starts with two bangs and a whimper
My initial brief was to write an article on the FAIS Ombud’s annual report, but I thought it better not to start the new year on such a sombre note. Equally depressing was […]
Higher excess death rate among fully underwritten policyholders
Death claims for fully underwritten new-generation life insurance policies were nearly four times higher than the expected death rate during the peak of the third wave of Covid-19, according to the Actuarial Society […]
Higher excess death rate among fully underwritten policyholders
Death claims for fully underwritten new-generation life insurance policies were nearly four times higher than the expected death rate during the peak of the third wave of Covid-19, according to the Actuarial Society […]
Survey shows South Africans divided over compulsory vaccination
More than half of adult South Africans support employers making Covid-19 vaccinations compulsory and proof of vaccination to enter public places (vaccine passports), according to a survey by the Centre for Social Change […]
Sanlam pays out R14bn in death claims – driven mainly by Covid
Sanlam Life and Savings paid gross death claims of more than R14 billion in the first 10 months of 2021 – 88% higher than in the same period in 2020 – mainly because […]
Face-off over vaccine mandates heats up
Lawyers acting for the National Employers’ Association of South Africa (Neasa) and four other business organisations have sent a letter to President Cyril Ramaphosa objecting to mandatory Covid-19 vaccination. The four other organisations […]
What Omicron means for South African and international markets
David Rees, senior emerging markets economist: Uncertainty about the virulence of Omicron, its ability to resist vaccination and spread rapidly, among other things, has rocked global financial markets. Those questions will take time […]
What Omicron means for South African and international markets
David Rees, senior emerging markets economist: Uncertainty about the virulence of Omicron, its ability to resist vaccination and spread rapidly, among other things, has rocked global financial markets. Those questions will take time […]
Compulsory vaccination increasingly likely
Making vaccination compulsory to enter workplaces and certain public spaces seems a certainty if the statements from the government, business and labour this week are anything to go by. In a televised address […]
It’s ‘too soon’ for investors to panic over Omicron
Goldman Sachs, one of the world’s top three investment banks, does not think the emergence of the omicron variant of Covid-19 is sufficient reason to make major changes to investment portfolios. Meanwhile, James […]
When will the Compensation Fund pay out for Covid vaccine-related side-effects?
The Compensation Commissioner has published a Notice in the Government Gazette that sets out when the Compensation Fund will compensate employees for injuries, illness or death as a result of receiving a Covid-19 […]
When will the Compensation Fund pay out for Covid vaccine-related side-effects?
The Compensation Commissioner has published a Notice in the Government Gazette that sets out when the Compensation Fund will compensate employees for injuries, illness or death as a result of receiving a Covid-19 […]
Old Mutual employees must be vaccinated from 1 January
From 1 January next year, Old Mutual employees will have to submit proof that they have been vaccinated against Covid-19. This follows similar announcements in September by Discovery Health and in October by […]
How Covid and lockdowns impacted Discovery Group Risk’s claims
Discovery Group Risk has reported a huge increase in the number and value of claims in its 2021 financial year because of the impact of Covid-19. “The 2021 financial year saw large increases […]
