Local producers up in arms after minister defers anti-dumping duties to curb shortages and rising food costs.
Nhlanhla Gumede, head of electricity regulation at SA's energy regulator, says a 'one-stop shop' is needed to speed up processes.
Nick Dreyer is the co-founder and CEO of Veldskoen Shoes
A new organisation representing independent financial advisers plans to name and shame financial product providers that are not transparent about their companies or products.
The newly launched South African Independent Financial Advisors' Association has sent more than 80 asset management, investment platform, unit trust and offshore investment companies a set of questions aimed at extracting information the advisers need to perform a due diligence on the companies' products.
Most advisers who recommended failed investment products - such as the property syndication Sharemax, foreign exchange trader Leaderguard or the hedge fund of Herman Pretorius's Relative Value Arbitage Fund - were motivated to do so by high commissions and failed to conduct adequate due diligence checks.
The Financial Advisory and Intermediary Services Act requires advisers to give you advice with "due skill, care and diligence".
This means your adviser should take reasonable steps to determine whether a pro-d...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.