Medical schemes regulator backs Samwumed curator despite union woes
A number of scheme trustees will be appointed by Samwu, which is facing even bigger problems than those that led to the scheme being put under curatorship
The medical schemes regulator is backing the curator of Samwumed as he prepares to put the scheme back in control of elected trustees by the end of August. This is despite that a number of trustees of the scheme will be appointed by the union for municipal workers, the South African Municipal Workers’ Union (Samwu), which is facing even bigger problems than those that led to the scheme being put under curatorship in the first place. Joe Seloane, curator of Samwumed, and Sipho Kabane, registrar of medical schemes, said last week the scheme is financially and operationally sound and will be ready for trustee elections by the end of August. This is despite the union reportedly facing an application by the labour registrar asking the Labour Court to put the union under administration for failure to comply with financial accounting laws. Mfana Maswanganyi, a senior investigator at the council, said the council is monitoring developments at the union and if the union is put under administ...
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