New mindset required for adopting new tech in insurance

According to McKinsey, the tech-enabled insurer of the future will bear little resemblance to the institutions that exist today. By Yunus Scheepers, chief technology officer at SilverBridge Holdings Digitalisation, cloud computing, robotic process automation, and the...

Data strategy is key to success in financial services

Even though concepts such as DevOps and MLOps have gained support in recent years, FinOps is a relatively new discipline that has yet to become generally practised. And yet, its potential to enhance financial services through a reinvented data strategy is significant....

A minefield of taxes lies ahead for crypto asset transactions

A gain on the disposal of crypto assets may be taxed as either revenue or capital, in line with the same income tax rules that apply to the disposal of shares or unit trust, writes Joon Chong, partner at Webber Wentzel. The gyrations of cryptocurrency markets have...

What do upcoming cryptocurrency regulations mean for your investment?

It was inevitable that, at some point, South African authorities would start regulating cryptocurrencies. While the South African Revenue Service (SARS) has long treated earnings from cryptocurrencies as income tax, the government has made it clear that it believes...