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The Pretoria High Court held that a pension fund and its administrator lacked standing to seek the Financial Services Tribunal (FST) to reconsider a determination handed down by the Pension Fund’s Adjudicator’s (Adjudicator) , given that they do not fall within the ambit of “persons aggrieved by a decision” under section 230 of the Financial…

This blog is co-authored by Eric Geldenhuys, candidate attorney.

SARB’s Market Practitioners Group (MPG) has issued a request for proposals (RFP) to design the calculation and methodology for a forward-looking ZARONIA term rate. There is no commitment to launch. Publication will depend on a robust methodology and sufficient liquidity in ZAR derivatives markets. The MPG…

The prescribed rate of interest is 10.5% per annum with effect from 1 October 2025. The previous rate was 10.75% per annum.

According to the Prescribed Rate of Interest Act, interest on debts where no rate is prescribed is calculated at the repo rate plus 3.5%. The prescribed rate of interest applies to all debts…

The bank brought a claim against the respondent based on a guarantee signed by him wherein he irrevocably and unconditionally guaranteed to pay any amount owing by the close corporation (the debtor) as if he was the principal debtor.

The respondent disputed the sum claimed by the bank in the certificate of balance alleging that…

On 29 April 2025, the National Energy Regulator of South Africa (NERSA) granted approval to the National Transmission Company South Africa (NTCSA) to classify congestion curtailment as a constrained generation ancillary service. NERSA indicated that its decision “represents a significant step toward unlocking grid connection capacity and enhancing energy availability in areas with high…

Introduction

The adoption of cloud computing and the transfer of data across borders is increasing, but it does introduce important risks. Recent guidance from the Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA) highlights the need for strong governance, risk management, and compliance in these areas. As regulation develops, it is important for…