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August 2009
Grave importance

Few people realise they are required by law to blacklist even a cell phone damaged beyond repair. According to Section 41 (subordinate legislation) of the Regulation of Interception of Communication and Provision of...

August 2009
Need for certainty

Benjamin Franklin once said that nothing is certain except death and taxes. The death of a loved one is often the most traumatic event we face in the cycle of life, emotionally and financially. Although many South...

August 2009
Refund opportunities

“There are several value-added tax areas in the short-term insurance industry that can present either opportunities or risks to short-term insurers,” says Dorwin Nyaga, Manager: Indirect Tax, PricewaterhouseCoopers (...

August 2009
Material concern

Managing and maintaining your insurability as a commercial enterprise is critically important in any market and arguably even more so in current conditions where a delayed, reduced or rejected claim could seriously...

August 2009
Open and shut

The draft Taxation Laws Amendment Bill, 2009, released recently for public comments, contains two significant estate duty amendments. The first constitutes a concession, while the second is an anti-avoidance provision...

August 2009
Grave consideration

It makes no sense to overlook the making of a Will. However, meagre you may think your possessions, even a basic Will should be drafted. The alternative can lead to administrative difficulties, unexpected consequences...

August 2009
Under the debtor

Over-indebtedness, insufficient retirement savings and poor financial education should jolt South Africans into action if the country is to fund its investment and growth. Statistics tell a sobering story. Currently...

August 2009
Words of wisdom

A recent legal dispute between US financial guru, Suze Orman, and the family of a consumer who bought a long-term insurance policy from her highlights the pitfalls of financial services companies producing two sets of...

August 2009
A site for law eyes

Despite having a world-class progressive constitution, access to the law for the average citizen of South Africa is almost non-existent. With the majority of South Africans having little understanding of the law,...

August 2009
Get more under cover

A new approach to vehicle insurance, which reduces premiums, can provide peace of mind for the large number of under-insured drivers on South Africa’s roads. AIG South Africa has introduced an insurance product, the...

August 2009
Domestic too

People travelling overseas are usually diligent about taking out travel insurance but when it comes to domestic trips they have a ‘blind spot’ that can prove to be expensive. At least that’s the view of Thamsanqa...

August 2009
Tedious Telkom

If Telkom cannot tell you when it will charge you for calls, and which calls are really free under certain product packages, what hope has the consumer?

We tried to find out from Telkom how it works out...

August 2009
Well, are they?

Many investors who thought they had safely parked their funds in a money market fund were horrified when recent newspaper articles questioned the safety of these investment instruments.

Money market fund...

August 2009
Never too late

We often spend a lot of time planning for events that might never happen, but many very responsible business owners still leave their Estate Planning and business succession matters to pure chance.

...

August 2009
Not so SIMple

The compulsory registration of all SIM cards in use, in terms of the 2008 Amendment to the Regulation of Interception of Communications and Provision of Communication-Related Information Act (RICA) 2002, came into...

August 2009
Cash rumours

The latest information from France is that the aircraft was not subject to any in-flight break up, but probably hit the water at high speed and almost level. This is what I felt from the very beginning. If it had...

August 2009
Useful exercise

A very useful exercise is to compare all asset classes in terms of the yield that they have or are likely to produce. By reducing all assets to their yield, comparison of one asset class to the next becomes a lot...

August 2009
New for old

The latest (Q2) TransUnion Auto Vehicle Pricing Index gives a glimmer of hope to the beleagured used car market… but we’re not out of the woods yet.
Used car price deflation slowed to negative 0.7 percent...

August 2009
Pool incorporated

The South African Nuclear Pools for the insurance of nuclear risks have for years handled the administration around the nuclear insurance arrangements of the Koeberg Nuclear Power Station and the resultant reciprocity...

August 2009
Security risks

Greater access to the internet via mobile phones has increased the risk of being targeted by viruses and hackers that prowl the internet. Security experts concur that mobile phones are the least protected devices in...

August 2009
Online security

In a concerted effort to combat potential online identity theft and fraud, Internet Banking and online shopping users are urged to use comprehensive security software or at least anti-virus software to protect...

August 2009
Agent applications

On 26th April 2007 Civil Aviation in South Africa gazetted regulations – so-called ‘Part 108’ - that affect the handling and processing of Air cargo. These regulations came into effect during June 2009.

...

August 2009
Name and shame

Financial Services Ombuds from around the world have been told about the significant impact made by South Africa’s Financial Advisory and Intermediary Services Ombud on the local financial services landscape....

August 2009
Serious affair

New Era Life Company Limited has been placed under provisional curatorship by the North Gauteng High Court.

The order was granted 7th July 2009 following an application by the Executive Officer of the...

August 2009
Call for collaboration

Against the background of South Africa’s first recession in 17 years and the increasing socio-economic challenges, such as the high levels of personal debt and security concerns, the local short-term insurance...