Latest newsSouth Africa's unemployment rate in the first quarter of 2023 was 32,9%. This places South Africa among the highest in the world and puts the gravity of the unemployment crisis into sharp perspective. 2 Jun 2023 Read more The South African business environment is currently facing significant disruption. Not only is inflation a significant problem, companies also need to contend with load shedding and the impact that it is having on their business. 25 May 2023 Read more Throughout history, South Africa has been home to some of the African continent's most prominent and innovative entrepreneurs. 24 May 2023 Read more With the lifting of the dark clouds of the Covid-19 pandemic, the ombudsman for long-term insurance (OLTI) and the ombudsman for short-term insurance (OSTI) are looking ahead and planning with optimism. 24 May 2023 Read more Although banks appear to be making greater efforts to resolve some types of consumer disputes internally, banking fraud related to current accounts and internet banking remains high on the list of complaints to the Ombud for Banking Services South Africa (OBS). Two other categories of complaints, while still relatively low but on the Ombud's radar, are delays in finalising deceased estates and the collection of debt that has prescribed, or expired. Meanwhile, the OBS managed to recover more than R30m for consumers last year, about R10m more than in 2021. 17 May 2023 Read more
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