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Latest news

A collective of the latest news and industry insights. Select your knowledge stream below.

March 20, 2025
VAT hike pressure: how businesses can boost employee value amid shrinking income
Lindiwe Sebesho, Managing Director of Remchannel, highlights the impact of South Africa’s VAT increase on employee finances and business competitiveness. Employers must adopt innovative benefits, flexible work models, and financial wellness programs to retain talent and ease financial strain.
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March 20, 2025
Electronic Services – New Regulations usher in a new dispensation – but do they work?
The long-awaited Regulations introducing a general business-to-business (B2B) exclusion (although in this case a business-to-registered vendor exclusion) for the electronic services supplied from outside South Africa to specified recipients within the country were issued on Friday, 14 March 2025. The changes come into effect on 1 April 2025.
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March 19, 2025
Reserve bank set for a potential 25 basis point rate cut as global uncertainties persist
As the South African Reserve Bank’s Monetary Policy Committee (MPC) gears up for its meeting this Thursday, market watchers expect a potential 25 basis point rate cut amid stabilised domestic inflation and a stable rand, even as global uncertainties continue to cast their shadow.
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March 19, 2025
Now is the moment for active investment management to prove its value
Much is said about the decline of active investing; far less is said about the risks and shortfalls of a passive investment approach. Today’s markets could deliver the wake-up call.
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March 19, 2025
You might think insurance doesn’t fit into your budget – but here’s why it should
Ryno de Kock, Head of Distribution at PSG Insure, stresses the importance of maintaining short-term insurance despite rising VAT. He highlights how insurance safeguards financial stability, covering unexpected losses from accidents, crime, or disasters, preventing costly debt and depletion of savings.
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March 19, 2025
The African Insurance Awards 2025
The African Reinsurance Corporation (Africa Re) will organize the 10th edition of the African Insurance Awards on Monday 26 May 2025 in Addis Ababa, Ethiopia. There is still time to Nominate Candidates for 2025 Insurance Awards, Nomination close 24th March 2025
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March 18, 2025
Budget 2025 - What it means for FICA Compliance and Accountable Institutions
The 2025 Budget Speech held on 12 March 2025, made it clear that financial crime enforcement and compliance are top priorities for the government. Increased funding for forensic investigations, regulatory oversight, and tax compliance monitoring means businesses under FICA (Financial Intelligence Centre Act) must prepare for greater scrutiny and stricter enforcement.
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March 18, 2025
How corporates can invest in SA’s mental capital
Financial stress is taking a toll on South Africa’s workforce, impacting productivity and mental health. Nzwa Shoniwa, Managing Executive at Sanlam Umbrella Solutions, explores how corporates can break this cycle through financial education, wellness programmes, and digital solutions to foster a healthier, more resilient workplace.
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March 18, 2025
How fixed income investors should manage downside risks while targeting high real yields
Ané Craig, Fund Manager at PSG Asset Management says, although we expect investors to benefit from continued positive market dynamics locally, we also anticipate volatile returns over the year given an unpredictable global backdrop and heightened sensitivity to news flow. Risk management will therefore be key – but an over-reliance on volatility indicators in isolation could be misleading.
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March 17, 2025
Sherry Sibeko appointed as Executive Head for Personal Lines
Sibeko joins Miway with over a decade of experience in the insurance sector, having held key leadership roles in sales, client services, and retentions. Most recently, she served as Operations Specialist: Commercial and Short-Term at OUTsurance, where she was responsible for multi-skilled team coordination, stakeholder engagement, and call centre operations.
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Download the 2023 TechFest eBook

Technology has become indispensable in the digital age. As for the insurance and financial industries, if you had the privilege, or foresight, to attend COVER's TechFest2023, you would have heard from the various presenters how crucial innovation on the back of technology has become for survival and a sustainable competitive strategy.

In this e-book we feature a comprehensive overview of all the presentations and round table discussions. The videos of the sessions, for the full experience, can be viewed on our website.

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