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Regulator gives nod for Old Mutual to launch a bank

The Reserve Bank’s Prudential Authority has given financial services group Old Mutual the go ahead to establish a bank, which is expected to compete with established players, particularly the likes of Capitec. ....

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Mother and son not guilty of insurance murder plot

A mother and son, who faced charges of murder and defeating the ends of justice over an alleged murder for policy payout benefits, have been found innocent. Zukiswa Makoba, 52, and her son, Sakhikhaya, 25, pleaded not guilty to the murder of Zukiswa Monica Ntuku, 45, whose body was found dumped near a gravel road in Bhisho on January 2020. ....

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Unpaid homelands pensioners dying while waiting for their money, says Bantu Holomisa

UDM leader Bantu Holomisa has accused finance minister Enoch Godongwana of impeding the formation of a task team to assist apartheid-era civil servants who worked in the homelands and were cheated out of their pension money. Holomisa spoke in a podcast interview with DispatchLIVE on Friday afternoon after concluding his two-day “presidential visit” to the Eastern Cape. ....

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