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Important Changes to the Financial Intelligence Centre Act
Introduction This article considers the amendments introduced by the recently promulgated Financial Intelligence Centre Amendment Act No. 1 of 2017 (the “FIC Amendment Act”) and the effects in relation thereto. The Amendments require that Institutions understand their relationships with their customers rather than only identifying them and, accordingly, apply the appropriate risk mitigation controls. Read…
RCCI CEO Linda Blackbeard Receives Lifetime Achievement Awards
Our CEO Mrs Linda Blackbeard, received two amazing recognition awards this year. Both are lifetime achievement awards in “Africa’s Most Influential Women in Business” The first was the SADC South Lifetime achievement award and the other the Continental Lifetime achievement award. The following is a letter received from the CEO of CEO Global: Ms Linda…
Address by President Cyril Ramaphosa on South Africa’s response to the coronavirus pandemic
17 June 2020 Compatriots, It is now just over 100 days since the first case of coronavirus was identified in South Africa. For 100 days we have been living in the shadow of one of the greatest threats to global health in over 100 years. The disease, and the measures we have taken to fight…
SARB November Monetary Policy Committee Statement
18 November 2021 Issued by Lesetja Kganyago, Governor of the South African Reserve Bank Steady advances in vaccination rates have sustained confidence and the global economic recovery this year, even with further waves of the Covid-19 virus expected. Recoveries in emerging market and developing economies will continue to lag those in advanced economies, in large…
Crime Briefs – 15th March 2017
Crime awareness Sector 1 Burglary residential at York street, door forced open Robbery with firearm at corners of Oak and Retail Ave whereby one suspect involved and allegedly armed, corner of Republic and Main road, 3 suspects driving silver Mercedes Benz and armed, threaten the victim and registration number unknown. Sector 2 The following streets…
R100 For A Loaf Of Bread
If you lived in New York, you’d be paying $7.95 – R100.43 – for a loaf of bread, according to the Worldwide Cost of Living report recently released by The Economist Intelligence Unit. However, petrol would be costing you only $0.61, or R7.70 per litre. The report explores the cities with highest and lowest cost…