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Why you can’t Blame President Zuma for all your financial woes (even if you want to)
When things go wrong it is very easy to blame someone else. This week Finance Minister, Pravin Gordhan, blew the lid off “suspicious and unusual transactions” linked to the Guptas to the tune of R6.8 billion, and perhaps whatȁ...
Death and retirement benefit pay outs a concern
The delayed payments of death and retirement benefits by funds to members and beneficiaries is concerning. This is according to the 2015/2016 Annual Report released by the Office of the Pension Funds Adjudicator (OPFA). According to the report, ...
CMS’ annual medical schemes report in a nutshell
The Council of Medical Schemes (CMS) has released its annual report, which focuses on a comprehensive analysis of the South African private medical schemes industry.
FSB steers public away from FSP imposters
The Financial Service Board (FSB) is warning the public to steer clear of Fidelity Loan Investment (Pty), an entity claiming to be a registered financial service provider (FSP).
Life after SABMiller
South African Breweries, SA’s largest brewing and bottling company, has officially been absorbed into AB Inbev, the largest brewer in the world. We posed a few questions to Nilan Morar, head trader at stockbroking company Purple Group, ab...
Making online payments with a selfie
Remembering your credit card pin will soon be a thing of the past as MasterCard is allowing online shoppers to take a selfie to verify their identity when making payments.
Pravin called to court – the reactions
A statement released by National Treasury this week, confirmed the receipt of a summons from the Hawks. The summons relates to charges of fraud (or alternatively theft) by Minister of Finance Pravin Gordhan relating to the early retirement of So...
DA moves to have Hlaudi removed permanently
The Democratic Alliance (DA) has filed its founding affidavit in the Western Cape High Court to have Hlaudi Motsoeneng’s latest appointment to group executive of corporate affairs at the SABC declared invalid. At a media briefing, James S...
FSB warns against “non-residential permit” scam
The FSB has warned the public against corresponding with fraudulent mail sent under the subject line “Non-residential permit”.
What you need to know about the Special Voluntary Disclosure Programme
If the terms of the SVDP feel alien to you, I’ve interviewed Kyle Mandy, partner at PricewaterhouseCoopers (PwC) to explain the details. Yes, I’ve asked him all the silly questions, so that you don’t need to.
Cyber insurance now available in SA
Phishield has stepped up to provide insurance to protect digital information to the consumer. The insurance offers protection against fraudulent online purchases, card fraud, phishing scams, as well as fraudulent EFT funds transfers and in-...
Minister of Finance summonsed for fraud
Pravin Gordhan, Minister of Finance, has been issued with a court summons for fraud by the National Prosecuting Authority (NPA).