The Merchantec CEO Confidence Index recorded an 11.6% decrease in CEO confidence in Q1 of 2019 to a score of 43.3 which is below the neutral score line of 50 points. The largest contributor to this decrease in confidence was economic conditions across all sectors.
The Supreme Court of Appeal (SCA) in South Africa, in Centriq Insurance Company Limited v Oosthuizen and another, was tasked with considering the correct interpretation of an exclusion of liability clause contained in a professional indemnity insurance contract.
Today’s customers demand an always-on, immediately responsive customer experience, and banks are turning to the likes of automation, robotics and Artificial Intelligence (AI) to respond to these demands.
Instruments & Investments
Preference share funding structures contemplate the subscription by a funder for preference shares in the share capital of a company with a pre-agreed dividend rate (often linked to a prevailing interest rate) and capital redemption profile.
2018 saw a major drive across government to tackling illicit finance and economic crime on the basis that “corruption and economic crime undermines our economy, damages our international reputation and communities.”