National Credit Regulator

South Africa’s four largest banks — Absa, Nedbank, Standard Bank, and FirstRand (FNB) — are facing a massive R60 billion class action lawsuit from former homeowners. The plaintiffs claim their …

JOHANNESBURG – The Gauteng High Court in Johannesburg has ruled that it is unreasonable and exploitative to offer insurance cover for disability and retrenchment to already disabled or unemployed social …