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Kerry Curtin, Business Unit Manager: Financial Institutions at Aon South Africa.

Cybercrime on the increase

‘WannaCry’ has been branded as one of the most widespread ransomware attacks ever recorded, with more than 300 000 victims in 150 countries around the globe. This is according to Kerry Curtin, Business Unit Manager: Financial Institutions at Aon South Africa.  ‘WannaCry’ firmly highlights cyber-crime’s inherent risk to business, with its dramatic rise in the top ten […]

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Comrades marathon insurance tips

The world’s largest ultra-marathon takes place on Sunday June 4, and runners should ensure they have adequate insurance cover in place before they tie their shoelaces to tackle the Comrades Marathon. (more…)

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Close up shot of entering credit card number

Strict regulations protect South Africans against credit card fraud

Credit card fraud is still rife in South Africa, but merchants and customers using credit cards still have some comfort in the knowledge that their transactions are protected by the Payment Card Industry Data Security Standard (PCI DSS). The key tenets of PCI DSS is to prevent fraud. (more…)

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The SARB treads carefully, leaves rates unchanged

Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will maintain its prime lending rate at 10,50% and will review its position after the next SARB MPC meeting in July. (more…)

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Europe’s outlook improves

With the French election over, is it time to be more optimistic about investing in Europe? According to recent data, there’s been some economic improvement across the EU, while companies appear to be doing well and share prices are climbing. In such an environment, is it perhaps too easy to believe that Europe’s problems are […]

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New improvements to SARS dispute management process will help taxpayers

Taxpayers who disagree with SARS on any matter – whether it is income tax or VAT – will welcome changes to the service’s dispute management process which were introduced on 15 May 2017. This is according to Ilsa Groenewald, Associate Director for tax at the Durban office of international audit, tax and advisory firm, BDO […]

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Motshabi Nomvethe HR

Low confidence in education system meeting NDP goals

One of the goals stated in the National Development Plan (NDP) is for 90% of grades 3, 6 and 9 learners to achieve 50% or more in annual national assessments for literacy, mathematics and science by 2030. When asked whether they feel this goal is realistic, only 26% of South African graduate professionals said yes. […]

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Inflation eases to 5.3%, weak growth remains a concern

By Mamello Matikinca, FNB Senior Economist Consumer price inflation staged its first return within the SARB’s target band since August last year, printing 5.3% y/y in April from 6.1% in March. (more…)

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