Archive | March, 2015

Update your bank details or face an account freeze

Banks have already started with the process of freezing bank accounts that are not in compliance with FICA regulations. She also made the assertion that the freezing of bank accounts is the last resort that banks take when communication between them and their clients have been unsuccessful. The responsibility lies with the consumer to communicate with the bank.

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Capetonian Kellermann accused as kingpin of R200bn Belvedere Ponzi

Cobus Kellermann, Stellenbosch University graduate now in his late 30s who runs Cape-based money manager Clarus Capital, has been fingered as a mastermind behind a massive global Ponzi scheme run out of Mauritius. Kellermann’s company also manages eight South African unit trusts under the Met Collective Investments banner. They have been entrusted with R1.35bn in […]

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Take the Rhodes statue down, I don’t care. I don’t have a dog in that fight. I’m not a fan of Rhodes and I don’t doubt his politics were appalling. As a student of history, it offends me more to see any modern human being let their feelings (however genuine and serious) attempt to cleanse bloody, ugly history of it’s veracity. I felt the same when they pulled down Saddam’s statue and when they removed Stalin’s body from Red Square. You can’t change the present by whitewashing the past – it’s like a child putting a plaster on a his wound.

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Why do you need life Insurnace cover

Most people see life insurance cover as a grudge purchase. But consider how your spouse and children will suffer if you die and they lose your income… You probably resent having to pay premiums every month and, although some new generation products offer some of the premiums back in one way or another, you believe you won’t live […]

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