Category Archives

Archive of posts published in the category: news
Oct
12

National Death Insurance: Healthcare in ICU, says new report

Why should ANYONE in South Africa put their faith in anything the government does? The government’s vaunted National Health Insurance (NHI) is really National Death Insurance! After all, when you look at the government’s disgraceful conduct over the last 24 years nothing works…

Sep
28

Sanlam Banks on Low-Income Segment for Growth

Sanlam is one of the largest insurance groups in South Africa. The group recently reported an 18% decline in headline earnings for the 6 months ended June 2017. Ian Kirk, is the CEO at Sanlam. He said a lack of growth in formal…

Aug
28

Namibian Government Loses Millions in Funeral Tender

Hollard Namibia is the biggest private insurance group in the country. The Minister of Poverty Eradication and Social Welfare is Zephania Kameeta. The minister agrees that the ministry has the responsibility of leading the war against poverty. And it was this that led…

Jul
10

Funeral Cover Scam Targets the Elderly

Of course, greed is always the reason behind a financial crime, like this Funeral cover scam. Criminals know that a large proportion of the older generation are well off. But so greedy are these criminals that they will stop at nothing to even…

Jun
18

Why the Racial Tension Over Funeral Homes in Black Townships?

Irrational jealousy is all about the fear of loss. And now there are some Black township funeral parlours who are afraid that White and Indian-owned funeral parlours will take business from them. In fact, they told these White and Indian undertakers to stay…

Jan
19

No More Funeral Cover Sales to South Africa’s Poor

News in from Johannesburg is that government legislature, to guard against the financial abuse and burdening of very low-income households, plans to bar funeral insurance companies from selling their products to receivers of social grants. Multi-Billionaire companies and big name insurers and underwriters,…

Jan
11

Taxpayers Fund Zuma’s Pal’s Funeral

The cost of living is rising dramatically. People can’t afford electricity and petrol, and they’re battling to put food on the table. When it comes to laying their loved ones to rest, many have to resort to pauper funerals. The people of KwaZulu-Natal…

Oct
3

Ombudsman for Funeral Industry Suggested

An Ombudsman might be appointed to oversee the South African funeral industry. Significantly, the Funeral Industry Regulatory Authority has proposed a code of conduct, saying the sector needs an ombudsman. And one area that will require regulation is where undertakers pay commissions to…

Aug
31

Debt from Funerals in South Africa

The high cost of funerals in South Africa is causing many people to go into debt from funerals. They’re still of the notion that you have to give your family member an expensive funeral to prove you cared for them. The cost of…

Aug
13

Now You Can Get a Funeral Policy at an ATM

These days you don’t have to allow anyone to tell you how to plan a funeral. If you allow a funeral director to tell you what to do, you could end up paying a fortune for the funeral you don’t want. Waiting for…