Pretoria - The Financial Services Board today announced that the Registrar of Collective Investment Schemes("the Registrar") has referred a matter against Andre Cillie Capital Management (Pty) Limited ("ACCM") to the Enforcement Committee of…
Johannesburg - The Competition Commission today announced that it has appointed retired Chief Justice Sandile Ngcobo; Professor Sharon Fonn; Dr Ntuthuko Bhengu; Dr Lungiswa Nkonki and Mr Cornelis (Cees) van Gent as chairman and panellists respectively,…
Pretoria - The Financial Services Board today announced that its Enforcement Committee had slapped My Lawyer Legal Assistance ("My Lawyer") with a whopping R200 000 fine for selling insurance policies not underwritten by a registered insurer.…
Cape Town - Sanlam today announced that its Investment Management (SIM) Industrial Fund was named the best South African equity industrial fund at the prestigious Raging Bull Awards held in Cape Town. The fund has been the best performing industrial…
Johannesburg - The South African Automobile Association said the dramatic slump in the Rand / US dollar exchange rate is the chief culprit in the hefty fuel price hikes announced today. This is the view of the Automobile Association which has…
A better global growth environment, combined with some current account improvement and better policy implementation might lead to an improved outlook for the South African economy in the year ahead, especially compared to last year. This was…
Johannesburg - Quality commercial and industrial properties in South Africa will continue to boast yields comparative to most other investment classes in the near future, despite the market remaining as flat as it has over the past five years.…
Johannesburg - The Automobile Association of South Africa (AA) today announced that data from the Central Energy Fund is currently predicting big jumps in the fuel price for February. This is the view from the AA which issues a summary of fuel…
Johannesburg - ooba CEO, Rhys Dyer says the property market growth that has been witnessed in the past 12 months has been underpinned by low interest rates, affordable house prices and increased lender confidence."Simply put, residential properties…
Johannesburg - The results recorded in December by ooba, South Africa's bond originator, reflect positive year-on-year property price growth, higher year-on-year average bond sizes and a higher bank approval rate. At R933 528, the Average Purchase…
Until we have credible statistics for South Africa, we are only guessing at what might be going on on our roads. But why is this important? The answer is a simple one - governments around the world measure their road safety programmes by comparing…
Johannesburg - The Financial Services Board (FSB) has given the green light for the Hollard Group to acquire the outstanding 60% shareholding in Etana insurance business. This is a move that is seen by many in the insurance industry circles…
Pretoria - The Financial Services Board (FSB) today announced that it has put under investigation nine entities selling funeral policies and has further requested the businesses to provide proof that they are underwritten by a registered long-term…
Cape Town - Mark Phillips, analyst at Sanlam Investments' multi-manager business says that the anticipation is that 2014 will be a very different year to 2013, though not necessarily easier to trade. He points to a lack of conviction in the…
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