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Industry News

19 Aug 2019

Should you take investment advice from family and friends?

By: Lettie Mzwinila, Business Development Manager, Allan Gray
19 Aug 2019

Improved cybersecurity laws needed to deal with rising SA cybercrime

Cybercrime is a growing endemic globally. It is a crime in which the perpetrators are shrouded with a significant veil of anonymity and which affects both individuals and corporations in both the public and private sectors, respectively. With incidents on the rise, current South African laws do not effectively criminalise this kind of conduct, according...
16 Aug 2019

PSG Insure's top female advisers

In honour of it being Women’s Month, PSG Insure chatted to a few of its top female advisers for their insights on the industry, tackling client challenges and growing their businesses successfully.
16 Aug 2019

President signs National Credit Amendment Bill into law

President Cyril Ramaphosa has signed the National Credit Amendment Bill into law. The aim of the bill is to provide debt relief for consumers who earn R7,500 p/m or less and have unsecured debt amounting to R50,000 by suspending the debt in part or in full. But, as RMB pointed out in a note today,...
16 Aug 2019

'All avenues being considered to fight NHI'

The Solidarity Institute announced today in a statement that it is considering all avenues to fight the ‘damaging effects’ the implementation of the National Health Insurance (NHI) will have.
16 Aug 2019

Insurance in the age of robot-surgeons and self-driving cars

By Gielie Matthee, Head: Actuarial and Data Analytics at Santam. Should Elon Musk’s robot-surgeon start inserting electrodes into human brains to connect humans and computers via a high-bandwidth brain-machine?  What exactly are the implications for medical insurance? Should a self-driving flying taxi crash and kill civilians?  Who is responsible? These are the questions our CEO,...
16 Aug 2019

Tijsbert Creemers-Chaturvedi joins Boston Consulting Group Johannesburg

Global management consultancy Boston Consulting Group (BCG) has appointed Dr. Tijsbert Creemers-Chaturvedi as managing director and partner in its Johannesburg office.
15 Aug 2019

Life and living annuities - consider combining the two

For most people, retirement can be a new and unfamiliar phase of life. It can be very stressful transitioning from having a regular income, to having one pot of money that must last you for the rest of your retirement years. At the same time, we are living in a time where advances in technology...
15 Aug 2019

Warranty and indemnity insurance in South Africa’s M&A environment

By Candice Gibson and Adriaan Louw, Norton Rose Fulbright.  Warranty and indemnity (W&I) insurance provides cover for losses arising from a breach of a warranty and claims under a tax indemnity arising from a merger or acquisition (M&A) contract. Over the past few years, this insurance product has matured with buyers gaining a better understanding...
15 Aug 2019

A personal financial stock take

Insurance is big business and there are financial products that cover just about everything. But how do you establish which financial products are absolutely necessary or whether what you have is enough?

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za