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“Known knowns, known unknowns, and unknown unknowns”: Uncertainty pandemic: Everything you once knew about business and life planning is obsolete

15 May 2020

In February 2002, then US Secretary of State for Defence told a Defence Department briefing: “There are known knowns. There are things we know that we know. There are known unknowns. In other words, there are things that we now know we do not know. But there are also unknown unknowns. There are things we do not know we do not know”. His sentiments will resonate with individuals and business owners as they attempt to plan for their post-pandemic futures, mid-2020.

“The more things change; the more they stay the same” - COVID-19: Like a strong wind blowing against South Africa’s ‘house of cards’ economy

08 May 2020

A quick scan of the news headlines on local websites ewn.co.za, fin24.com, and moneyweb.co.za shows why comedians like Trevor Noah and cartoonists like Dr Jack and Zapiro never run out of material. Stare disconsolately at the drivel behind these headlines and you will learn why columnists and opinion writers will never be short of topics either. After considering the headlines dated 8 May 2020 two thoughts entered my mind: the first was whether to ingrain the facepalm emoji as a permanent overlay for life; and the second to ponder the adage: The more things change; the more they stay the same.

Amidst the chaos… we have you covered!

23 March 2020

FAnews is open for business during the COVID-19 lock down. Feel free to contact us for assistance. COVID-19 has thrown our world around. Attending conferences, seminars, training sessions, client lunches/launches, awards dinners and CPD sessions is the the norm of how we do things, and suddenly, the carpet has been pulled out from underneath us and we have to adapt like never before.

SAIA clears the air on the Accountable Institution conundrum

11 March 2020

The South African Insurance Association (SAIA) has provided clarity regarding the current position of non-life (short-term) insurers where the proposal by the Financial Intelligence Centre (FIC) to include non-life insurers as Accountable Institutions in terms of the FIC Act is concerned. SAIA advised that non-life insurers are currently exempted as Accountable Institutions pending the findings of an assessment of money laundering and terrorist financing risk in the non-life insurance industry (the Risk Assessment).

quick poll

Question

Would you willingly give up your medical scheme membership under a fully implemented NHI?

Answer

No, never Not with state delivery The NHI is too unclear Yes, absolutely Willingly. What?

View the Results

Whats inside

20 February 2020

Not justified in declining liability

27 January 2020

Statistics point to the undeniable truth

27 November 2019

Opening the industry can of worms

11 November 2019

Financial advisors urged to collaborate for success

15 October 2019

Measuring up against the world

07 October 2019

A different set of needs

09 September 2019

Is South Africa ready for what the NHI will cost?

21 August 2019

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Talked About Features / The Stage