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Rooibos Ltd accused of anti-competitive behaviour
Rooibos Limited (Ltd) has become the most recent referral to the Competition Tribunal after allegations of anti-competitive behaviour. This, as a result of them preventing rooibos tea farmers from dealing with competitors.
Sanlam launches artificial intelligence fund
Sanlam Global Investment Solutions (SGIS) has launched the Sanlam Managed Risk UCITS Fund, which is now solely managed by Artificial Intelligence (AI) and Machine Learning (ML) – making it the first Balanced Fund in the world fully driven...
SARB and Absa: Public Protector’s call for change
The Public Protector is calling to change the mandate of the South African Reserve Bank (SARB), and for Absa to pay back an ‘illegal gift’ to the value of over R1 billion that it benefited from during apartheid. This follows the re...
Bankorp for dummies: Absa explains SARB’s assistance of Bankorp
Absa released the following Q&A to explain the Bankcorp saga.
Why you could still be paying for accidents that aren’t your fault
Did you know that your insurer (or you, if you are not insured) can also be liable for the claim even if the accident is not your fault and the other driver claims full liability?
Potential petrol price decrease at the end of the month
According to the latest Automobile Association (AA) report, commenting on unaudited mid-month data released by the Central Energy Fund (CEF), consumers can rest easy as the rand resilience and a declining oil price have set the scene for a furth...
Discovery Health welcomes Commission’s cancer med cost investigation
Dr. Jonathan Broomberg, CEO of medical aid administrator Discovery Health, has welcomed the Competition Commission’s investigation into three major pharmaceutical companies, which include Roche Roche, Pfizer and Aspen.
SA financial institutions face Moody’s downgrade
Several of the country’s financial institutions have been downgraded by ratings agency Moody’s, bringing their credit rating in line with the country’s recently downgraded status.
NCR appeals Lewis referral judgement
Last week saw the announcement by the National Credit Regulator (NCR) that they will be appealing the judgment issued by the National Consumer Tribunal dismissing the NCR's referral against Lewis Stores.
Moody’s follows suit with ratings downgrade
Ratings agency Moody’s is the latest to downgrade South Africa’s long-term issuer and senior unsecured ratings.
How electricity tariff hikes could impact you
There are reports circulating that Eskom is seeking a 19.9% tariff increase for 2018. But what does this mean for you? Justmoney spoke to energy expert Chris Yelland to find out.
South Africa’s recession
Having experienced two successive quarters of negative economic growth, South Africa experienced a technical recession between October 2016 and March 2017, and we are now officially in recession. This is according to NWU School of Business and G...