Tue, November 26, 2024

[ Tue, Nov 26th 2024 ]: Bill Williamson

Angel One AMC secures SEBI license to launch mutual fund business

[ Tue, Nov 26th 2024 ]: Bill Williamson

Many stock investors lose money for not understanding the business: ICB chairman

[ Tue, Nov 26th 2024 ]: Bill Williamson

L&T Finance inks pact with Amazon Finance India

[ Tue, Nov 26th 2024 ]: Bill Williamson

eFinance Investment Group and Cassava Technologie .. Drive Business Expansion Across Egypt and Africa

[ Tue, Nov 26th 2024 ]: Bill Williamson

L&T Finance, Amazon sign strategic partnership to develop credit solutions for customers

[ Tue, Nov 26th 2024 ]: Bill Williamson

Three Reasons to Avoid TLRY and One Stock to Buy Instead

[ Tue, Nov 26th 2024 ]: Bill Williamson

How much you would have if you invested R1,000 in .. inety One, Momentum and more at the start of 2024

[ Tue, Nov 26th 2024 ]: Bill Williamson

Rupee's weakness: Achieve dollar goals with US funds and gold in portfolio

[ Tue, Nov 26th 2024 ]: Bill Williamson

New generation of Zimbabwean accounting and finance professionals awarded the CGMA designation

[ Tue, Nov 26th 2024 ]: Bill Williamson

Request Finance acquires Pay.so Lithuania; launch .. olutionary one-click crypto/fiat payment solution
Mon, November 25, 2024

[ Mon, Nov 25th 2024 ]: Bill Williamson

Two-wheelers and SME loans to fuel L&T Finance's urban growth strategy

[ Mon, Nov 25th 2024 ]: Bill Williamson

Nvidia Unveils AI Model for Music and Audio Generation

[ Mon, Nov 25th 2024 ]: Bill Williamson

Need to explore a global financial body to finance cooperatives: PM Modi

[ Mon, Nov 25th 2024 ]: Bill Williamson

Top 10 best and worst performing SIP mutual funds in the last one year

[ Mon, Nov 25th 2024 ]: Bill Williamson

Business seeks details on COP29 climate message

[ Mon, Nov 25th 2024 ]: Bill Williamson

Qatari banks show resilience and adaptability through robust financial performance

[ Mon, Nov 25th 2024 ]: Bill Williamson

Analysis-Business Seeks Details in Face of Mixed COP29 Climate Messages

[ Mon, Nov 25th 2024 ]: Bill Williamson

Asset-based finance the next big thing in private credit, KKR's Daniel Pietrzak says

[ Mon, Nov 25th 2024 ]: Bill Williamson

Natixis and Generali in early talks for asset management tie-up, FT reports

[ Mon, Nov 25th 2024 ]: Bill Williamson

Business seeks details in face of mixed COP29 climate messages
Sun, November 24, 2024

[ Sun, Nov 24th 2024 ]: Bill Williamson

International Business Machines (NYSE:IBM) Rating Lowered to "Hold" at StockNews.com

[ Sun, Nov 24th 2024 ]: Bill Williamson

Feature: Key maritime merchants forum in Hong Kong helps steer course for shipping industry

[ Sun, Nov 24th 2024 ]: Bill Williamson

Weatherford International plc (NASDAQ:WFRD) Receives $147.29 Average Price Target from Analysts

[ Sun, Nov 24th 2024 ]: Bill Williamson

Those who invested in Accel Entertainment (NYSE:ACEL) a year ago are up 12%

[ Sun, Nov 24th 2024 ]: Bill Williamson

PUMA (ETR:PUM) stock falls 5.8% in past week as t .. s and shareholder returns continue downward trend

[ Sun, Nov 24th 2024 ]: Bill Williamson

Daktronics (NASDAQ:DAKT) shareholders have earned a 46% CAGR over the last three years

[ Sun, Nov 24th 2024 ]: Bill Williamson

Capital One On Hold, Like Its Pending Buyout Of Discover Financial

[ Sun, Nov 24th 2024 ]: Bill Williamson

Sprouts Farmers Market's (NASDAQ:SFM) 49% CAGR ou .. 's earnings growth over the same five-year period

[ Sun, Nov 24th 2024 ]: Bill Williamson

Should You Be Concerned About Ford Motor Company's (NYSE:F) ROE?
Fri, November 22, 2024

[ Fri, Nov 22nd 2024 ]: Bill Williamson

Summary of the article from Bloomberg "Sustainable Investment Gains Traction"

Thousands of employers in South Africa not paying pensions - R5 billion lost and counting

The FSCA has named and shamed thousands of employers who have failed to make their obligatory pension fund contributions.

The article from BusinessTech discusses a significant issue in South Africa where thousands of employers are failing to pay over pension contributions, leading to a loss of approximately R5 billion. This problem has been highlighted by the Financial Sector Conduct Authority (FSCA), which has noted that many employers are either late or completely defaulting on their obligations to contribute to their employees' pension funds. This non-compliance not only affects the retirement savings of employees but also undermines the financial stability of pension funds. The FSCA has been actively engaging with employers and funds to address these defaults, but the scale of the issue suggests systemic problems in oversight and enforcement of pension regulations. The article also touches on the broader implications for the economy, as this loss impacts the financial security of a large segment of the workforce, potentially leading to increased poverty among retirees.

Read the Full businesstech.co.za Article at https://businesstech.co.za/news/finance/801200/thousands-of-employers-in-south-africa-not-paying-pensions-r5-billion-lost-and-counting/