South Africa’s banking sector is increasingly moving towards a ‘marketplace without boundaries’, shaped by the fast-approaching entry of new digital players challenging the status quo in the market, and driving unprecedented levels of innovation.
Over the past decade or so, the technology industry has transformed many things we used to buy as physical products into digital services we subscribe to or access on a pay-per-use basis. Think about how we have moved from buying CDs towards paying a monthly subscription to use Spotify, or the shift from DVDs to Netflix.
From car and home insurance, to life and medical policies, there are literally hundreds of different types of insurance options available to the public. Figuring out which basic policy meets your requirements can be confusing, so we have constructed a helpful matrix to help you discern the important differences between the two options.
SAICA's response to the VBS Mutual Bank report released by Advocate Terry Motau SC on 10 October 2018. The South African Institute of Chartered Accountants (SAICA) takes note of The Great Bank Heist, Advocate Terry Motau SC’s forensic report on the alleged fraud that took place at VBS Mutual Bank.
Opportunity beckons in Africa as markets mature, incomes grow and trust in financial services increases. This is driving the need for bespoke wealth management and banking solutions which can be delivered seamlessly in any country, across the continent and offshore.
The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting the industry.
The Department of Health’s Dr Anban Pillay has slammed the Free Market Foundation (FMF) for criticising the National Health Insurance (NHI) Bill and has requested that we submit reasons why we believe the government’s proposed NHI scheme will not work and a list of proposed alternatives.