South Africa Develops Public-Private Scheme to Provide Drought Insurance for Farmers July 14, 2021 By Emma Rumney JOHANNESBURG – Happy Letsitsa hasn’t paid off the money he borrowed to survive a 2019 drought that ravaged his maize...
Ex-Deloitte Auditor Faces Disciplinary Action for Improper Audit of S. Africa’s Steinhoff April 23, 2021 By Janice Kew An ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International Holdings NV...
Cape Town Wildfire Largely Contained; Damage Assessment Begins April 21, 2021 By Gerald Imray CAPE TOWN, South Africa – Fire crews had largely contained a big wildfire on the slopes of Cape Town’s Table...
South Africa to Launch Compensation Fund to Allay Vaccine Makers’ Liability Concerns April 20, 2021 JOHANNESBURG – The South African government’s compensation fund to cover potential injuries from COVID-19 vaccines could cost around 250 million...
Wildfire on Cape Town’s Table Mountain Rages Out of Control April 19, 2021 By Paul Vecchiatto and Mike Cohen More than 250 firefighters in Cape Town battled a massive blaze that broke out on the slopes of the city’s...
Steinhoff International’s Insurers Agree to Pay $93 Million for Directors’ Liability Claims March 23, 2021 By Janice Kew Most of the insurers that provided Steinhoff International Holdings NV with director-liability policies have agreed to pay as much as...
Insurer Sanlam Braces for More Virus Waves in South Africa March 12, 2021 By Roxanne Henderson South Africa may still be short of the halfway mark of the pandemic even after two distinct waves of the...
S. Africa’s Steinhoff in Talks with D&O Insurers to Help Settle Accounting Crisis Claims March 1, 2021 By Janice Kew Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims...
S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured January 5, 2021 By Antony Sguazzin South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help...
South African Insurer Santam Accepts Liability for Some Rejected COVID-19 Claims January 4, 2021 JOHANNESBURG – South African insurer Santam will begin assessing payouts for some previously rejected coronavirus-related claims after recent court judgments...