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Black Economic Empowerment

When you purchase a policy from Scintilla, on behalf of Hollard, you will be doing so from an insurer with an “A” rated BEE score (Financial Sector Charter).

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Latest News

Transport Minister provides update on SA’s BRT projects

Responding in writing to a recent Parliamentary question by the Democratic Alliance, Transport Minister Dipuo Peters has provided an update for each of the country’s 13 bus-rapid transport (BRT) systems, noting that each network is at a different stage of development. In Johannesburg, Phase 1A and Phase 1B of the city’s Rea Vaya BRT system were operational and were carrying a combined 40 000 passenger trips a day, while the finalisation of the Phase 1B compensation offer to affected operators was still in progress.

Association calls on commission to investigate exclusive retail leases

The South African Real Estate Investment Trust (SA Reit) Association has called on the Competition Commission to intervene in undesirable exclusivity clauses in retail leases that were allowing retailers to stifle market share. The association’s members, which included shopping centre owners, alleged that grocery retailers were using these clauses to restrict each other in market share.