Tag: South African Insurance Association (SAIA)
Automotive aftermarket shake-up: the competition commission’s final aftermarket guidelines
On 10 December 2020, the Competition Commission issued the final guidelines for competition in the South African Automotive Aftermarket (Automotive Guidelines). The Automotive Guidelines are forward thinking as the measures proposed therein apply not only to internal combustion engines (ICE) but also to electric vehicles (EV's) and to propulsion by other means (i.e. hybrid).
Impact of load shedding on consumers
Businesses and households were left scrambling to keep the engines and the lights on after the national power utility, Eskom, suddenly plunged South Africa into darkness over a week ago. Speaking in Parliament on Tuesday last week, Minister of Public Enterprises, Pravin Gordhan alluded to the fact that Eskom was facing structural, operational and financial challenges.
Due care warning for insurers and loss adjusters investigating claims
If it is not already high on the agenda, becoming familiar with the requirements of the Protection of Personal Information Act (POPI Act) should be a priority.
