Wham. Bam. You’ve been scammed.
Category: Business Insurance
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Wham. Bam. You’ve been scammed.
Wham. Bam. You’ve been scammed. Did you know that according to a recent report conducted by an insights agency, digital banking fraud in South Africa is at an all-time high and there’s been a steady increase in this trend over the last four years? And the numbers are disheartening to say the least. While there…
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How to plug the leaks and plan ahead.
How to plug the leaks and plan ahead. Besides the recent cyber threat against Liberty Life‚ the personal information of many South Africans has landed up in the hands of cyber criminals, as a result of several data breaches in the past few months. And often where one least expects it. Take ViewFines for example,…
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Featured: Climatic Catastrophes and the role of the insurance industry
Climatic Catastrophes and the role of the insurance industry It was as early as the 1970’s when German insurance giant Munich Re first warned about the economic impact of global warming, after it noticed that weather-related damages across the planet were rising, with flooding being the major perpetrator. Some forty-odd years later and clear evidence…
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Rest insured with your AirBNB
With the booming worldwide success of Airbnb, many local property owners have found it far more lucrative to rent out a property by the day than to have a long term tenant. Today, South Africa boasts in excess of 13 000 Airbnb ‘rentrepreneurs’, which host around 400 000 guests annually. But before you fluff up…
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How VAT increase impacts the insurance industry
How VAT increase impacts the insurance industry Let’s first take a hike back in time. In 1991, South Africa introduced Value Added Tax (VAT) to replace General Sales Tax (GST) as an indirect tax at a statutory rate of 10%, which increased to 14% in 1993. Fast forward 25 years. Facing a massive revenue shortfall…