Moonstone

Watch Moonstone Update for an overview of some of the stories covered in the past week’s Investment Indicators and Moonstone Monitor. •FATF sharpens focus on virtual assets as SA faces next evaluation •Grey list comeback? South Africa’s anti-corruption warning •KeyHealth to appeal order to fund teenager’s rare-disease treatment •When higher taxes backfire: Illicit trade thrives •AGOA setback raises questions about South Africa’s investment appeal •AGOA loss may hit confidence harder than growth, economists say •Jibar gets five-month reprieve as legal fix for legacy contracts remains unfinished Watch full update: youtu.be/m-eiSsIon5M #FATF #FinancialActionTaskForce #greylist #AML #CFT #antimoneylaundering #financialcrime #cryptoassets #virtualassets #VASPs #anticorruption #mutualevaluation #FATFPlenary #virtualassetserviceproviders

Dealers can’t contract out of consumers’ statutory rights. The NCC’s latest cases include suppliers ordered to refund buyers and pay fines. Read more: moonstone.co.za/defective-ve… #consumerrights #ConsumerProtectionAct #NCC #vehiclesales #usedcars #defectivevehicles #consumercomplaints #automotiveindustry #NationalConsumerCommission

A retirement income that keeps pace with CPI may still fall short as healthcare costs rise. Redelinghuys explains why certainty and flexibility both matter. Read more: moonstone.co.za/retirement-i… #retirementplanning #retirement #retirementincome #retirementfunds #retirementsavings #longevityrisk #annuities #livingannuity #lifeannuity #employeebenefits #financialplanning #healthcarecosts #PSGWealth

The bigger AGOA risk may emerge over time, as companies decide where to build, expand or keep production. Investors will be watching capital spending and export orders. Read more: moonstone.co.za/agoa-setback… #AfricanGrowthandOpportunityAct #AGOA #SouthAfricaUSrelations #UStariffs #SouthAfricanexports #exportmarkets #businessconfidence #investmentoutlook #capitalinvestment #corporateearnings #marketaccess #rand #SouthAfricaneconomy #financialmarkets #MomentumGroup #SanishaPackirisamy

Clean energy, AI and longer lives could transform the world before today’s 30-year-olds retire. What might those changes mean for their investments? Read more: moonstone.co.za/what-will-th… #retirementplanning #retirementsavings #retirementincome #longterminvesting #investmentstrategy #SouthAfricanequities #compoundgrowth #financialplanning #twopotretirementsystem #futureofwork #artificialintelligence #longevity #energytransition #PrescientInvestmentManagement

The FATF says virtual-asset rules are being implemented unevenly. Its targeted review will assess jurisdictions’ oversight of crypto activity and service providers. Read more: moonstone.co.za/fatf-sharpen… #FATF #FinancialActionTaskForce #greylist #AML #CFT #antimoneylaundering #financialcrime #cryptoassets #virtualassets #VASPs #anticorruption #mutualevaluation #FATFPlenary #virtualassetserviceproviders

Jibar gets five more months. The SARB says switching it off without a legal route for tough legacy contracts could disrupt markets. Read more: moonstone.co.za/jibar-gets-f… #BenchmarkReform #financialmarkets #financialregulation #interestrates #JIBAR #legacycontracts #RashadCassim #SyntheticJibar #TermZARONIA #Zaronia #SARB

A CMS Appeals Committee ruling involving KeyHealth tests whether public-sector treatment practices can limit PMB cover when a scheme’s proposed alternative is ineffective. Read more: moonstone.co.za/keyhealth-to… #CouncilforMedicalSchemes #healthcarefunding #MedicalSchemeAppeal #medicalschemes #ParoxysmalNocturnalHaemoglobinuria #PatientRights #PMBs #PNH, #PrescribedMinimumBenefits #Ravulizumab #CMS #KeyHealth

South Africa still has time to negotiate, but replacing US trade could be difficult for exporters already reliant on AGOA. Read more: moonstone.co.za/agoa-loss-ma… #AGOA2027 #businessconfidence #foreigninvestment #IzakOdendaal #JohannEls

A signature is not proof of suitable advice. Two life annuity complaints show why advisers must explain restrictions and assess clients’ circumstances. Read more: moonstone.co.za/life-annuiti… #FAISOmbud #LifeAnnuity #RetirementPlanning #RetirementAdvice #FinancialAdvice #FinancialAdvisers #FAIS #FinancialServices #RetirementFunds #Annuity #FinancialLiteracy #ConsumerProtection #Disclosure #SuitabilityOfAdvice #FinancialPlanning #JohnSimpson

A plant-hire business lost its stolen excavator claim after failing to verify the hirer’s details. The NFO found the separate security requirement did not apply. Read more: moonstone.co.za/stolen-excav… #casestudy #commercialinsurance #NationalFinancialOmbudScheme #NFO #nonlifeinsurance #NonlifeInsuranceDivision #policyexclusion #shortterminsurance #theftclaim #Insurance

Local elections carry financial consequences. Municipal instability can push up household costs, strain SMEs, and weigh on investor confidence – but long-term investors should avoid rash reactions. Read more: moonstone.co.za/municipal-in… #LocalGovernmentElections #MunicipalElections2026 #SouthAfricanEconomy #MunicipalFinance #CoalitionGovernments #ServiceDelivery #SMEConfidence #BusinessConfidence #InvestmentConfidence #RetirementSavings #HouseholdFinances #EconomicGrowth #Gauteng #FinancialPlanning #GarethVanOnselen #JusticeMalala #SharonHamman #JeremyLang #HughHacking

Fuel purchases among Discovery Insure clients fell 33% in October. Motorists are buying less per visit, but everyday driving has largely held steady. Read more: moonstone.co.za/motorists-bu… #FuelPrices #PetrolPrice #FuelCosts #SouthAfricanEconomy #HouseholdBudgets #CostOfLiving #TransportCosts #FuelConsumption #Motorists #Inflation #DieselPrices #DiscoveryInsure #ConsumerSpending #EconomicPressure

The COFI Bill’s score fell from 87.5 to 75 after another quarter without being tabled. Regulatory preparations are continuing, but Parliament’s process has yet to begin. Read more: moonstone.co.za/cofi-bill-st… #COFIBill #FinancialSectorReform #MarketConduct #FSCA #FinancialRegulation #FinancialServices #FinancialInstitutions #FinancialSector #RegulatoryReform #SouthAfricanFinance #BLSA #ConductRegulation #ConsumerProtection #Parliament #FinancialServicesIndustry

Debarment is meant to protect the public, not punish employees. The Tribunal set aside an FSP’s decision over unpaid debts and fuel-card allegations. Read more: moonstone.co.za/tribunal-tel… #FSCA #FinancialServicesTribunal #FAISAct #Debarment #FinancialAdvisers #FinancialRepresentatives #FitAndProper #HonestyAndIntegrity #FSP #FinancialServicesProviders #Compliance #FinancialRegulation #EmploymentLaw #WorkplaceMisconduct #DisciplinaryHearings #RegulatoryCompliance #FinancialSectorRegulation #QuillConsultingServices #Reconsideration

The Marsh CFA Institute Global Pension Index recognises two-pot’s promise. Alexforbes’ Belinda Sullivan says only time will show whether members preserve savings or withdraw them regularly. Read more: moonstone.co.za/two-pot-will… #TwoPotRetirementSystem #TwoPot #RetirementReform #RetirementSavings #RetirementFunds #PensionFunds #RetirementPlanning #Preservation #SavingsComponent #RetirementComponent #RetirementIncome #ReplacementRatio #PensionReform #HouseholdDebt #Marsh #CFAInstitute #Alexforbes #BelindaSullivan

A stokvel is not a regulatory free pass. The Tribunal upheld a five-year debarment after finding that investment proposals for a public-facing club fell outside the exemption. Read more: moonstone.co.za/unpaid-inves… #FSCA #FinancialServices #FAISAct #FinancialServicesTribunal #Debarment #Stokvels #InvestmentClubs #InvestmentAdvice #FinancialAdvisers #FSP #FinancialRegulation #FinancialSectorRegulation #EasyEquities #Compliance #FinancialMarkets

Your face can be an authentication tool. The NFO warns that scammers may disguise banking-device registration as a Black Friday promotion – and use your selfie to gain access. Read more: moonstone.co.za/your-face-co… #BankingScams #DigitalBankingFraud #FinancialFraud #BlackFridayScams #BiometricFraud #FacialRecognition #IdentityTheft #CyberSecurity #ConsumerProtection #NationalFinancialOmbudScheme #NFO #OnlineShopping #Phishing #Smishing #BankingSecurity #NeroshaMaseti

AfCRA could reshape how African sovereign risk is assessed. Its challenge: win investor confidence and show that a new methodology can distinguish between countries’ actual risks. Read more: moonstone.co.za/afcra-could-… #AfCRA, #AfricaCreditRatingAgency, #CreditRatings, #SovereignRatings, #AfricanEconomies, #AfricanMarkets, #CreditRisk, #SovereignDebt, #EmergingMarkets, #InvestmentRisk, #FinancialMarkets, #AfricanInvestment, #DevelopmentFinance, #PrivateCredit, #InstitutionalInvestors, #SouthAfricanFinance, #FinancialServices, #CreditRatingAgencies, #CostOfCapital, #AfricanDevelopment

A 20% online gambling tax could push customers towards offshore operators. With illicit trade already costing billions, is higher taxation creating the wrong incentives? Read more: moonstone.co.za/when-higher-… #IllicitTrade #OnlineGambling #GamblingTax #IllegalGambling #OffshoreGambling #TaxPolicy #NationalTreasury #SouthAfricanEconomy #ConsumerProtection #FinancialRegulation #ExciseTax #TobaccoTrade #IllicitAlcohol #LicensedOperators #TaxRevenue #WayneLurie #LurieIncAttorneys