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Industry News

17 Sep 2021

Investing offshore - how much?

Local investors might think the grass is greener on the other side, due to the myriad of challenges our country faces. In recent months, however, we have seen some of the country’s largest and most reputable investment managers warm up to domestic assets, often citing that poor sentiment has created an opportunity too attractive to ignore.
16 Sep 2021

Bonitas Medical Fund announces 2022 product offering

As South Africa moves to Covid-19 adjusted Level 2 and vaccination numbers increase, access to quality healthcare remains a priority. Today, Bonitas Medical Fund announced its 2022 product line up offering. This includes the use of reserves to keep contribution increases lower, a Benefit Booster to stretch day-to-day benefits, a revised international travel benefit with payment for Covid tests and a contribution towards quarantine costs.

16 Sep 2021

FNB Islamic Banking wins top award at Global Islamic Finance Awards 2021

FNB Islamic Banking has been awarded the Best Islamic Banking Window for the fifth consecutive year at the 11th annual Global Islamic Finance Awards (GIFA). The GIFA awards are a celebration of excellence in the Islamic Banking and Finance sectors. The winners were announced at an Online Awards ceremony broadcasted virtually through the GIFA social media channels, held on, 14 September 2021 to over 1 million viewers around the globe.
16 Sep 2021

Planning a family holiday while working remotely on the side? Think again

By Tanya Tosen, Master Mobility & Tax Specialist at Tax Consulting SA; and Zainab Bouziane, Expatriate Solution Specialist at Xpatweb Because of digital advances, in part fuelled by worldwide lockdowns and social distancing, there are many professions that no longer require staff to be permanently office-bound. Consequently, the number of conversions to remote working platforms...
16 Sep 2021

Life insurers remain well capitalised: ASISA

Despite the unprecedented claims and benefit payments made to policyholders and beneficiaries as a result of the Covid-19 pandemic, the life industry remains in robust financial health and well capitalised to honour the long-term contractual promises made to customers.
16 Sep 2021

Standard Bank’s Shari’ah Banking wins at the 2021 Global Islamic Finance Awards

Standard Bank Group was awarded the Global Islamic Finance Awards (GIFA) Excellence Award for Premier Islamic Banking for the second year in a row at GIFA’s 11th annual awards. The awards ceremony was held on the 14th of September and was attended by President of Pakistan, Dr Arif Alvi as the chief guest, alongside local and international leading players and other stakeholders of the banking industry.
15 Sep 2021

HFA pledges support for Universal Health Coverage

The Health Funders Association (HFA) has presented its position on the NHI Bill of 2019 to the Parliamentary Portfolio Committee on Health. In its presentation, the HFA pledges support for Universal Health Coverage (UHC) for all South Africans and commits to contributing constructively to health system strengthening and building a sustainable and integrated health system for the country.
15 Sep 2021

Financially navigating a critical illness

Few people consider the far-reaching implications of a health crisis on every facet of their lifestyle.The devastating effect of a serious health crisis such as cancer, a stroke or heart attack, COVID-19 or even an accident typically extends far beyond the physical consequences of such an event, with significant implications for your financial and emotional wellbeing too, and even your ability to work and earn an income.
15 Sep 2021

Here’s why it’s vital that you have a valid will

Every year, tens of thousands of South Africans die without a valid will. The effects on their families and loved ones can be devastating, as they are often left without access to funds while the estate is being wound up – a process which can take up to a year, or longer.
14 Sep 2021

Networked bot attacks increase as human-initiated attack levels fall: Report

LexisNexis® Risk Solutions today released the findings of its latest Cybercrime Report, which covers the first half of 2021. This edition of the biannual report reveals that bot attack volumes grew 41% year over year with human-initiated attacks falling 29%. The report confirms earlier trend patterns showing the financial services industry and media businesses bear the brunt of increased automated bot network attacks.

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