Inathi Mpapa

Oct 15, 2024 | mondaq.com | Oyinade Adewumi |Wahab Basheer |Aslam Moosajee |Inathi Mpapa

The Financial Services Tribunal handed down its decision in a reconsideration application instituted by Claire O'Connor ("Ms O'Conor"), against Discovery Retirement Annuity Fund ("the RA Fund"), Discovery Investment Retirement Annuity Fund ("the IRA Fund") (collectively, "the Funds") and the Pension Funds Adjudicator ("the PFA").

Oct 2, 2024 | mondaq.com | Aslam Moosajee |Inathi Mpapa

In a recent judgment delivered by the Johannesburg High Court, the Prudential Authority ("the Authority") instituted provisional sequestration proceedings in terms of sections 83(3)(b) as read with 84(1A)(c) of the Banks Act, 1991. The estate sought to be provisionally sequestrated belonged to Adelaide Musa Duma ("Duma"), the respondent.

Oct 2, 2024 | mondaq.com | Aslam Moosajee |Inathi Mpapa

In a recent judgment, the Constitutional Court considered an application for leave to appeal from the Supreme Court of Appeal ("SCA"). The application was instituted by Shoprite Checkers (Pty) Ltd ("Shoprite") against Cecil Tshepo Mokopane Mafate N.O ("Mr Mafate"). Mr Mafate was the court appointed curator ad litem of Ms Nolunga Mkhwanazi ("Ms Mkhwanazi") Ms Mkhwanazi worked as a packer for Smollan Sales and Marketing which offers merchandising services at retail stores.

Aug 20, 2024 | mondaq.com | Inathi Mpapa |Aslam Moosajee

On 30 July 2024, the Financial Services Tribunal handed down its decision in a reconsideration application in terms of section 230 of the Financial Sector Regulation Act, 2017 (“FSR Act”). The application was instituted by Bongani Progress Masela (“Mr Masela”) against Momentum Insure Company Limited (“Momentum”).

Aug 13, 2024 | lexology.com | Aslam Moosajee |Inathi Mpapa

On 30 July 2024, the Financial Services Tribunal handed down its decision in a reconsideration application in terms of section 230 of the Financial Sector Regulation Act, 2017 (“FSR Act”). The application was instituted by Bongani Progress Masela (“Mr Masela”) against Momentum Insure Company Limited (“Momentum”).