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Glaring lack of health insurance and retirement reform detail in this year’s budget speech

Finance Minister Nhlanhla Nene’s budget speech for the 2015/6 tax year did not reveal any details about proposed National Health Insurance and few on the postponed retirement reforms, meaning that South African employers and employees will be kept in suspense for a while longer about how these ...
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Liberty delivers another year of solid operational performance with growth of 18%

Refocused strategy positions the group for a new growth phase Financial Highlights BEE normalised operating earnings up 18% BEE normalised group equity value per share up 11% BEE normalised return on group equity value up 5% Group equity value R40bn, up 11% Net customer cash inflows ...
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Medical aid schemes: Late joiner penalties

According to the Medical Schemes Act, a medical scheme may not refuse your membership application if you are a South African citizen, but they may impose what is called a late joiner penalty. The funding model for medical schemes is based on the principle of cross-subsidisation. Generally ...
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Measles makes a comeback

Worrying surge in new cases in US and SA emphasises importance of vaccinations Six hundred and forty-four cases of measles were reported in the United States (US) last year and already 141 cases in 17 states have been recorded in 2015. Considering the fact that the US was measles-free for 14 years, ...
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HIV: “It’s time to move towards elimination”

Doctor committed to eliminating mother-to-child transmission of HIV Over the past decade, South Africa has made significant progress in the prevention of HIV transmission from mother to child through widespread interventions and broadened accessibility to prevention of mother-to-child transmission  ...
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Securitisation:

The process by which financial assets are transformed into securities.
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