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MMI acquisition of CareCross finalised

The MMI Holdings Limited’s (MMI) acquisition of CareCross Health Group, including a majority share in Occupational Care South Africa (OCSA) (first announced in June 2014) has been finalised with regulatory approval including the Competition Commission having been received. Since its inception ...
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Directors and Reckless Conduct: Disregarding Standards of Care

Article by Terrance M. Booysen, CEO, CGF Research Institute (Pty) Ltd Johannesburg: There has hardly been a day that goes by where the media headlines grip the attention of citizens, announcing yet another case of poor governance practices, or a director engaging in reckless business conduct. ...
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Priority Retail Distribution Review Proposals

The FSB proposes to implement the RDR proposals in three broad phases: Phase 1: Changes to be effected within the existing regulatory framework, using existing subordinate legislative and administrative powers. These changes will be introduced either by amending existing subordinate regulatory instruments ...
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End of year clean up places SA companies at risk

With year-end fast approaching, many businesses use this time to clean up the office environment in order to prepare for the New Year. However, businesses could be placing the organisation and its clients at risk of identity theft if unwanted documents are not properly destroyed. The number of identity ...
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TCF: Directors fined for mis-selling

By Christine Rodrigues, Director Norton Rose Fulbright South Africa The South African market should not take Treating Customers Fairly lightly. The Financial Conduct Authority (FCA) fined Swinton Group Limited £7. 4 million for an aggressive sales strategy that resulted in the mis-selling ...
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