First edition of the Ombudsman’s Briefcase for 2021
In our first edition of the Ombudsman’s Briefcase for 2021 we take this opportunity to wish you a safe and prosperous year ahead. We face this year with a little more hope having emerged from a second wave of the coronavirus and with the COVID-19 vaccine being rolled-out.
In this edition we look at insurance claims that arose due to the COVID-19 pandemic, and how OSTI dealt with them.
OSTI’s Terms of Reference require the office to deal with matters using “the criteria of law, equity and fairness”. The office is empowered to resolve complaints and disputes and make rulings “based on the law and equity”. It must have regard to the provisions of the policy, the circumstances of each case and what is fair and reasonable in those circumstances. Each matter must be considered on its own merits. OSTI, however, cannot re-write or amend the terms of a policy
All businesses with employees, customers and suppliers must comply with POPIA, which comes into effect on 1 July 2021. Here is a practical guide to the most important aspects
With the commencement ... Read More »
In the current market climate where market returns disappoint expectations, investors can easily fall for the hype around speculative investments that promise high yields. However, investors should also be careful ... Read More »
Satrix, South Africa’s leading provider of index-tracking products, has today been named the 2021 Best Fund House – Larger Fund Range in South Africa by Morningstar, a global financial services firm ... Read More »
Study on the impact of oil price volatility in the Middle East and Africa
Paris, March 11, 2021 - The COVID-19 pandemic’s negative impact on global GDP growth and global trade volumes has caused ... Read More »
A partnership is the legal relationship which arises when at least two people contribute something (be it money, skill or labour) to a business enterprise with the object of making and sharing profits.