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Press Archive »

Damages Awards: Should it be once and for all?

Published: Thu, 26 Apr 18

  Dominique Spies*             The res judicata and once and for all rules in our common law work hand in hand to protect a defendant from constant attack for the same alleged negligence. The res judicata rule provides that once a competent Court ...
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Protect yourself against malaria if you are travelling this long weekend

Published: Thu, 26 Apr 18

It’s the final long weekend South Africans will see in a while, and after the hustle and bustle of the last quarter, this will be a welcome respite from the everyday routine. With the strong possibility that many have elected to take leave and enjoy a five-day weekend, the probability is high that many South ...
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Health Minister urges parents to have their children vaccinated

Published: Thu, 26 Apr 18

As South Africa celebrates the 8th African Vaccination Week, Health Minister Dr Aaron Motsoaledi has urged all parents and caregivers to take children to their nearest clinic for vaccinations. African Vaccination Week is an annual event celebrated during the last week of April to strengthen immunisation programmes ...
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Utmost good faith: A degree of comparison that won't die

Published: Tue, 24 Apr 18

  Donald Dinnie Group CEO Natmed Group       In 1985 the Appellate Division of the Supreme Court, at the time the highest court in the land, killed off the concept of insurance contracts as being contracts of the utmost good faith. It is not clear then why the hyperbolic ...
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Unhealthy mismatch between employers’ health wishes and realities in EMEA

Published: Fri, 20 Apr 18

Aon releases 2018 EMEA Health Survey                 Gavin Griffin, Aon Employee Benefits South Africa                     Aon’s 2018 EMEA Health Survey has ...
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Protect yourself against malaria

Published: Thu, 19 Apr 18

The National Institute of Communicable Diseases (NICD) has advised travelers who will be hitting the road during the upcoming long weekend, to take precaution and protect themselves against malaria. “Travellers should tell healthcare workers about travel and possible exposure, as they may forget to ask. Using ...
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Success is better, shared - PPS allocates R3.7 billion in profits to members in 2017

Published: Wed, 18 Apr 18

Built on the ethos of mutuality, PPS, a financial services company focused exclusively on graduate professionals, showed a strong performance in the 2017 financial year, allocating R3. 7 billion in profits to its members. 7 billion allocated to their unique Profit-Share Accounts, further reinforcing our passion for ...
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Bird flu cases confirmed in North West province

Published: Mon, 16 Apr 18

A dedicated team has been set up to deal with the bird flu outbreak in the North West. The Department of Rural, Environment and Agricultural Development has confirmed that Madibeng and Maquassi Hills have been hit by an outbreak of High Pathogenic Avian Influenza (HPAI), commonly known as bird flu. One of the outbreaks ...
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Natmed Group appoints Donald Dinnie as new CEO

Published: Mon, 16 Apr 18

By Stephen Kellerman Natmed Founder www. MedicalDefence. mobi As the famous Bob Dylan song and lyrics portray “For the times they are a-changin'”- we have exciting developments of progress within our Group that we wish to share. Fundamental to our ability to provide leading Professional Indemnity ...
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Bye bye FSB, hello FSCA

Published: Thu, 12 Apr 18

​By Shayne Krige, direct and head of investments funds at Werksmans Attorneys ​   As of 1 April 2018, there is a new sheriff for the South African financial services sector. The Financial Services Board (FSB) has been replaced by the Financial Sector Conduct Authority (FSCA). Here are five ...
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Spotlight on malicious complaints to professional regulators

Published: Wed, 11 Apr 18

Written by Jay Page, Senior Associate and Lauren Turner, Associate at Bowmans Medical, legal and other professionals are not without recourse when facing false or malicious charges laid against them with professional bodies. This is the lesson that can be drawn from a recent judgment of the Pietermaritzburg High ...
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Hope for TB action ahead of World Leaders’ TB meeting

Published: Wed, 11 Apr 18

New moves to shorten MDR-TB treatment with multi-drug regimen   Johannesburg: Stakeholders across Africa are hopeful of progress in the treatment of Multi-Drug Resistant Tuberculosis (MDR-TB) ahead of a UN General Assembly High Level Meeting (HLM) on TB to be held in September this year. In a ...
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New Twin Peaks Regulators Established

Published: Wed, 11 Apr 18

By National Treasury On 1 April 2018, South Africa’s financial regulatory system will fundamentally change, as two new regulators come into operation - the Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA). This implements a new Twin Peaks model of financial sector regulation in ...
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Responsible management of resources key to sustainable medical scheme growth

Published: Tue, 10 Apr 18

Most useful benefits maximized while contributions remain competitive   Medical schemes have a responsibility to build reserves to protect members in the event of higher-than-usual claims trends, such as those the industry experienced in 2016, but must also ensure that members find value in their healthcare ...
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Of the Pillory, Schadenfreude and Cricket

Published: Fri, 06 Apr 18

        Donald Dinnie, Group CEO NATMED GROUP           The hysteria and frenzied media and public feeding over the recent Australian ball tampering scandal has no doubt been driven, at least in part, in those countries which are ...
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Financial Services Board takes up new mandate as the Financial Sector Conduct Authority

Published: Thu, 05 Apr 18

The Financial Services Board (FSB) has officially taken up its new mandate as the Financial Sector Conduct Authority (FSCA), effective 1 April 2018. This marks the formal implementation of the Twin Peaks model of financial sector regulation, as envisaged in the Financial Sector Regulation Act 2017 (FSRA). Finance ...
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Chronic Obstructive Pulmonary Disease a growing health issue for South African women

Published: Thu, 05 Apr 18

COPD is a leading cause of disability and death, yet many women with COPD are misdiagnosed Novartis urges greater awareness around COPD in women Smoking, open cooking fires and pollution increase the risk of COPD Johannesburg: With World Health Day on 7 April, Novartis South Africa is drawing ...
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Medical Schemes and the Financial Sector Regulation Act

Published: Wed, 04 Apr 18

In terms of section 291(1) and (2) of the Financial Sector Regulation Act, 2017, the functions of both the Prudential and Financial Sector Conduct Authorities in relation to medical schemes must be exercised by the Council for Medical Schemes, but with the concurrence of the relevant authority, until 31 March 2021, ...
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Breaking up is hard to do – 10 considerations when getting divorced

Published: Thu, 29 Mar 18

By PSG Wealth   Divorce is an extremely traumatic and disruptive experience. Apart from the legal implications and emotional turmoil, there are also important - but often overlooked - financial aspects that need to be considered, PSG Wealth discusses ten of these below. Re-write your ending In ...
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As the world runs out of cures global consumption of antibiotics skyrockets contributing to drug resistance

Published: Tue, 27 Mar 18

New CDDEP study finds largest increases in low-income and middle-income countries; calls for strategies to reduce use and support alternatives   Johannesburg: Despite the threat of a global health crisis in antibiotic resistance, worldwide use of antibiotics soared 39 percent between 2000 and 2015, fueled ...
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Umbrella Fund:

A retirement fund in which several employers not associated with one another participate, managed by a single board of trustees.
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