Newsroom

Apartheid education and how the private sector can step up

The South African government has long recognised the importance of education in national development.However, the apartheid system (1948–1994) imposed severe educational disparities for non-whites, leaving a lasting impact on our workforce.Under apartheid, white children received free, high-quality education, while black children had to pay substantial fees even at the primary…
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FSCA’s review reveals critical gaps in banks’ complaints handling processes

The Financial Sector Conduct Authority (FSCA) has shed light on significant discrepancies in the complaints management processes of South Africa's banking sector.This comes following a comprehensive thematic review aimed at measuring the alignment of these processes with established regulatory requirements.The findings reinforce the FSCA's unwavering commitment to enhancing industry practices…
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Deputy Finance Minister calls for action on Africa’s debt crisis at G20 meeting

David Masondo, South Africa’s Deputy Minister of Finance, on Tuesday warned of Africa’s spiralling debt crisis, urging the development of “tangible, actionable solutions” to shift the continent from distress to “long-term financial resilience and sustainable growth”.Speaking at the Group of Twenty (G20) International Financial Architecture Working Group Debt Side Event…
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Natural disasters on the rise – check your insurance

What appears to have been a tornado swept through Montana in northern Pretoria last week, causing widespread damage to cars, buildings, the contents of these buildings, external geysers, and more. Trees were uprooted, roofs were blown away, areas and roads were flooded, and many residents had to be evacuated.This extreme…
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