I warned that the EFF's total disregard for the rules would cause serious problems in years to come, writes Melanie Verwoerd.
More sun than clouds. Warm.
Staff members of the controversial Bosasa Youth Development Centres have waited months to be paid their provident funds which, to their relief, Sanlam are in the process of releasing.
The Financial Sector Conduct Authority (FSCA) has urged clients of financial institutions - who were outraged by the Old Mutual saga - not to cancel their funeral policies as there are risks involved.
The Public Protector's suspension of four high-ranking officials and its axing of CEO Basani Baloyi was seemingly over a Financial Services Conduct Authority report that is being taken on judicial review.
The already-strained relationship between the state asset manager and the Cape Town businessman has worsened.
Dr Iqbal Survé is blaming Pravin Gordhan for the raid on his office.
In a statement on Friday, Sekunjalo said the application for the raid was "entirely without merit and the judge that granted the request was "misled by the FSCA".
FSCA is investigating transactions in AYO Technology – which is linked to Survé – for market manipulation.
Memebers of Parliament gave Steinhoff executives a grilling, especially when they found out that the Hawks still did not receive the final PwC report into the circumstances of the Steinhoff scandal, despite a commitment from Steinhoff that they would provide it.
Thomas Stringfellow turned himself in to Johannesburg police following investigations into his conduct when handling funds from Stringfellow Group's clients.
The Financial Sector Conduct Authority has imposed a penalty of R487 000 on Global Credit Rating over a breach of its conflict of interest rules.
The Financial Sector Conduct Authority has provisionally withdrawn the licence of a Pietermaritzburg-based investment company, Exclusive Life Financial Services.
Channel Life was found to have not properly registered intermediaries to collect insurance premiums on its behalf.
Financial regulator the Financial Sector Conduct Authority has warned the public not to enter into any agreements with unauthorised entities associated with Coin-it Trading.
The Financial Sector Conduct Authority has warned the public to stay away from a firm called Worldwide Investments, which it says is using a WhatsApp group to take money from the public on the pretext that it will trade in forex on their behalf.
A Western Cape High Court judge has taken the unusual step of making a public statement to deny a claim made by businessman Iqbal Survé that he is a friend of the DA and Minister of Public Enterprises Pravin Gordhan.
Iqbal Survé has alleged a conflict of interest on the part of financial regulator the FSCA.
Given Steinhoff’s current financial position, it will waive the bulk of the fine to only levy a penalty of R53m.
Members of Parliament slammed Steinhoff leadership for 'buying time' and 'malicious compliance' regarding investigations into governance failures that caused the global retailer's share price to plunge.
Oupa Segalwa was responding to a statement by the Financial Sector Conduct Authority, which argued a public protector report was reviewable due to either perceived bias or 'gross incompetence and negligence'.
Steinhoff has raised the possibility of negotiated settlements as it faces a number of class-action style lawsuits and litigation claims over the precipitous plunge in its share price.
Cape TownO'Dwyer Personnel
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R 4 495 000
R 4 850 000
R 7 000 000
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