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EDUCATION

Here Is Why SA's Education System Needs To Be Improved.

https://www.iol.co.za/personal-finance/my-money/sa-needs-a-national-education-programme-to-teach-financial-literacy-bfef3b69-c644-4cd0-b8dd-921e5b299c8d?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1660228364 Last week, the Financial Sector Conduct Authority (FSCA) delivered its report on the 2020 Baseline Survey on Financial Literacy in South Africa and the discoveries are disheartening, without a doubt. The 2020 overview is the most recent in a progression of reviews: past ones were embraced in 2011/12, 2013, 2015, and 2017.

  1 day ago ago
Here Is Why SA's Education System Needs To Be Improved.

ECONOMY-FINANCE

FSCA Warns Against Xo Grootman Who Is A Popular Forex Trader, This Is What He Does

The Financial Sector Conduct Authority warns people to be careful when doing any financial services business with Themba Selahle also known on social media as xo_grootman. This individual has been very troublesome to the authorities as well as the members of the public, because he has been basically defrauding people out of their hard earned money.

  24 days ago ago
FSCA Warns Against Xo Grootman Who Is A Popular Forex Trader, This Is What He Does

ECONOMY-FINANCE

FSCA Warns The Public About Popular Forex Trader (Grootman) Themba Selahle

We've seen a lot of self proclaimed millionaires over the pandemic that aimed to cash in on gullible individuals that believe in overnight success. One of the predominant scams on social media is that of cryptocurrency and forex trading. On a report that was published last year by Business Insider they have uncovered people lost billions of rands whilst chasing for the big bag.

  25 days ago ago
FSCA Warns The Public About Popular Forex Trader (Grootman) Themba Selahle

SPORTS

OFFICIAL: SAFA Make Major Bafana Announcement

The South African Football Association (SAFA) have reported that they have tracked down another worldwide accomplice for the Bafana public group. SAFA affirmed on Tuesday that they have collaborated with recently sent off Banxso.com to turn into the public group's Official Online Trading Partner. "The organization will assist Banxso with making consciousness of its new image and through marking across the Bafana schedule season, content on the SAFA site and furthermore through enactments with clients and fans on the web and at different occasions, with a scope of select offers and advancements," SAFA said in a proclamation.

  2 months ago ago
OFFICIAL: SAFA Make Major Bafana Announcement

ECONOMY-FINANCE

FSCA issues a warning against Mr. Selahle, who is alleged to be trader, scammer and an influencer.

19 July 2022 Source https://twitter.com/mtyala/status/1549384970229227521?s=20&t=0erGIeAph4WepN93CsNk5g Forex trading in South Africa and across the globe has seen a lot of people entering the industry, not to make money through investing but to scam the public. It is not surprising to read that the FSCA has issued a warning against forex trader, Mr. Themba Selahle.

  24 days ago ago
FSCA issues a warning against Mr. Selahle, who is alleged to be trader, scammer and an influencer.

ECONOMY-FINANCE

How the JSE plans to cut red tape for listed companies

Making it simpler to raise capital and permitting organizations to perform more exchanges without sitting tight for investors' endorsement are a portion of the manners in which the JSE plans to diminish the consistency trouble for recorded firms The alterations to the JSE postings prerequisites pointed toward diminishing administrative noise at the JSE, whereas of late supported by Financial Sector Conduct Authority (FSCA).

  3 months ago ago
How the JSE plans to cut red tape for listed companies

PERSONAL-INVESTING

R47 Billion of Unclaimed retirement funds in SA says FSCA

The Financial Sector Conduct Authority's (FSCA) endeavors to rejoin unclaimed retirement benefits with their original owners have just aided more than 14 000 individuals to get R1.2 billion in installments. The controller distributed the Financial Sector Outlook Study on Tuesday, in which it additionally definite headway made in observing individuals with unclaimed monies in benefits assets and gatekeeper reserves.

  4 months ago ago
R47 Billion of Unclaimed retirement funds in SA says FSCA

ECONOMY-FINANCE

There's R44.9 billion of unclaimed pension funds in SA – how to find out if you’re owed anything

Phumi Ramalepe , Business Insider SA JOHANNESBURG, South Africa – The Financial Sector Conduct Authority (FSCA) announced on Tuesday that it had over R44 billion in unclaimed pension funds. The figure is attributed to approximately 4.5 million South Africans who have yet to file a claim.

  10 months ago ago
There's R44.9 billion of unclaimed pension funds in SA – how to find out if you’re owed anything

ECONOMY-FINANCE

The (FSCA) Has Just Revealed Crucial Information To The Public

https://www.iol.co.za/personal-finance/retirement/pension-fund-unlawfully-deducted-study-loan-from-workers-retirement-lump-sum-cf935a92-6821-4e7d-bb38-5abc0788995e?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1637644561 The Bokamoso Retirement Fund, controlled by Akani Retirement Fund Administrators, has been requested by the Pension Funds Adjudicator to take care of a sum deducted from a monitors retirement store withdrawal advantage in regard of a review credit.

  8 months ago ago
The (FSCA) Has Just Revealed Crucial Information To The Public

ECONOMY-FINANCE

Capitec bank welcomes FSCA's R50 million fine for Viceroy

South Africa's financial markets regulator has fined notorious US short-seller Viceroy with N$50mil for a “false and misleading” 2017 report accusing the country's fourth-largest bank, Capitec, of being a loan shark & concealing defaults on its loan book. The report triggered a sharp fall in Capitec's shares, and an angry response by the bank, accusing Viceroy of a smear campaign.

  11 months ago ago
Capitec bank welcomes FSCA's R50 million fine for Viceroy

ECONOMY-FINANCE

Capitec Bank fine viceroy Research and it's partner R50 Million Capitec Bank fine viceroy Research and it's partner R50 Million |Opinion

Viceroy Research and it's Partner made false,and misleading information about Capitec Bank and then published it and that was in in 2008. So the Authority (FSCA)has imposed a R50 Million adminstrative penalty on viceroy Research. On Wednesday the penalty in their statement said was imposed joinely and severally by payable by the respondents with 30 days from the date big the Order.the FSCA took in the account the need to deter such contant saying it was "serious offence that can course significant harm on investors , listed entiled and broader market"hence the need to impose a panelty that would serve as a deterrent"

  11 months ago ago
Capitec Bank fine viceroy Research and it's partner R50 Million Capitec Bank fine viceroy Research and it's partner  R50 Million 
|Opinion

ECONOMY-FINANCE

Viceroy Slapped With R50m Penalty Over Capitec Report

Viceroy Research and three partners – Aiden Lau, Fraser John Perring, and Gabriel Bernarde – have been fined R50 million by the Financial Sector Conduct Authority (FSCA) for publishing "false, misleading, or deceptive" statements about Capitec Bank in 2018, which resulted in the bank's share price falling by 23%.

  11 months ago ago
Viceroy Slapped With R50m Penalty Over Capitec Report

ECONOMY-FINANCE

South Africa to introduce these new rules for Cryptocurrency in 2022

To protect vulnerable sections of society from highly risky assets, South Africa's financial authority plans to establish a regulatory framework covering cryptocurrencies early next year. FSCA commissioner Unathi Kamlana said in an interview on Friday that the regulations, which were developed in collaboration with peers such as the prudential authority and the financial surveillance board, will specify how trading in coins like Ethereum, XRP, and Litecoin should be performed.

  8 months ago ago
South Africa to introduce these new rules for Cryptocurrency in 2022

ECONOMY-FINANCE

The Viceroy Got Fined R50M By A Regulator For Falsely accusing Capitec of being a 'loan shark'

https://www.news24.com The FSCA says its investigations confirmed that Viceroy benefited from a profit-sharing arrangement with certainly one of its clients who had taken a quick function in Capitec. The FSCA has fined Viceroy Research R50 million for publishing fake statements about Capitec in 2018. Their report caused a pointy promote-off in Capitec's share rate.

  11 months ago ago
The Viceroy Got Fined R50M By A Regulator For Falsely accusing Capitec of being a 'loan shark'

ECONOMY-FINANCE

Controller fines Viceroy R50m for erroneously blaming Capitec.

Regulator fines Viceroy R50m for wrongly faulting Capitec for being a 'loan shark' September 8, 20214 min readTrinity News Commentary. The FSCA says its assessments showed that Viceroy benefitted from an advantage offering plan to one of its clients who had taken a short circumstance in Capitec.

  11 months ago ago
Controller fines Viceroy R50m for erroneously blaming Capitec.

ECONOMY-FINANCE

UNEXPECTED| South Africans Warned To AVOID Trading With This Cryptocurrency

South Africans were cautioned to try not to exchange with ByBit Fintec Limited (ByBit). The Financial Sector Conduct Authority (FSCA) said ByBit which is situated in the Seychelles, offers exchanging subsidiary instruments through its internet exchanging stage. "It has become obvious that ByBit is offering the South African community to its internet based stage to exchange, among others, subordinates instruments.

  6 months ago ago
UNEXPECTED| South Africans Warned To AVOID Trading With This Cryptocurrency

ECONOMY-FINANCE

SA Records R44 Billion Of Unclaimed Pension| Here Are Ways To Claim It

Unclaimed pension assets in South Africa total billions of rands as millions of legitimate owners refuse to claim for a variety of reasons.According to the Financial Sector Conduct Authority, the total amount of unclaimed pension money in the South African retirement market is R44.9 billion as of the end of 2019.

  10 months ago ago
SA Records R44 Billion Of Unclaimed Pension| Here Are Ways To Claim It

ECONOMY-FINANCE

(FSCA) Still Warns Against Fake Millionaire Mandla Lamba And His Business

Kindy comment, like, share and follow me. Mandela Lamba brought into the world in 1986 is a South African phony tycoon who short-term turned into a banner kid for youthful accomplishment and dark monetary strengthening. His standing got hammered when he was captured at Nelson Mandela Square, in Sandton Johannesburg in 2011.

  11 months ago ago
(FSCA) Still Warns Against Fake Millionaire Mandla Lamba And His Business

SOCIETY

Be wary of this man: FSCA warns South Africans about social media hustler

It's few out of every odd day you see this. The Financial Sector Conduct Authority of South Africa (FSCA) has given an admonition around one explicit individual, encouraging residents to 'step with alert' on the off chance that they go over Mr. Mandla Lamba.

  11 months ago ago
Be wary of this man: FSCA warns South Africans about social media hustler

SOCIETY

B3 under probe for tinkering with funeral policies

https://www.sowetanlive.co.za/news/south-africa/2021-09-13-b3-under-probe-for-tinkering-with-funeral-policies/ B3 Funeral Services, one of the most seasoned burial service homes in SA, is being researched for lessening the cover measure of strategies of no less than 6,000 of its customers purportedly without their assent. The Financial Sector Conduct Authority (FSCA) and the Office of the Ombudsman for Financial Services Providers (FAIS) affirmed to Sowetan that the 30-year-old organization is being tested after objections from clients who raised the alert with regards to their cover sums that had been decreased by as much as by 30% despite the fact that their charges stayed unaltered.

  11 months ago ago
B3 under probe for tinkering with funeral policies