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Former housekeeper awarded R1.89 million retirement annuity death benefit after executor's challenge dismissed
09/07/2026

Former housekeeper awarded R1.89 million retirement annuity death benefit after executor's challenge dismissed

A former housekeeper who worked for her employer for 31 years has secured a R1.89 million retirement annuity death benefit after the Office of the Pension Funds Adjudicator dismissed an executor's challenge to the payout.

Legal recognition: Couples have until August 31 to register customary marriages
08/07/2026

Legal recognition: Couples have until August 31 to register customary marriages

COUPLES in unregistered customary marriages must act quickly to ensure legal recognition before the August 31 deadline.

10/03/2026

This could mean major instability in economic markets: BlackRock just capped withdrawals on its $26 billion private credit fund at 5%, even though investors asked to pull out nearly double that. Simply put, they requested $1.2 billion back, and only $620 million is being allowed out the door. This is the first time this has happened and it's important to recognize this.

Blackstone's similar fund is facing the same pressure, with record withdrawal requests of 7.9%, forcing the firm to inject $400 million of its own money just to meet redemptions.

This points to an underlying issue that is structural. Private credit funds tie investor money up in loans and assets that can't be quickly sold. When enough people want out at the same time, the math stops working. The fund can't liquidate fast enough to honor the requests, so it limits them instead.

When funds start locking the exits, it's usually because what's behind the door is not pretty. If Iran seeks to fight back in this war via economic infrastructure, this could mean major instability.

13/01/2025

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