Converting your foreign driving licence in South Africa
Category: Uncategorized
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Converting your foreign driving licence in South Africa
Converting your foreign driving licence in South Africa is a process that needs to be done once you become a permanent resident. Failure to do so could result in negative consequences when it comes time to claim from your Motor Insurance. Read on as RBS explains everything you need to know about converting your foreign…
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Insurance against the risk of SARS tax audits and disputes
The risk of you being selected for audit by the South African Revenue Services (SARS) has increased significantly. Defending a SARS tax audit and related dispute can be stressful, complicated and costly. Even if you win your case against SARS, you will still be liable to pay the costs of your tax accountants and legal…
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The importance of Fleet Insurance for your business
South Africa has some of the highest rates of uninsured vehicles in the world. It is estimated that up to 70% of the vehicles on South African roads are not insured. This is particularly concerning, especially in the commercial sector, where accidents involving commercial vehicles can have serious consequences. Businesses that own or operate a…
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Cybercrime is on the rise: Is your business properly insured?
Cybercrime is on the rise, with many businesses falling victim to cyberattacks. South Africa currently has the 6th highest rates of cybercrime in the world. With incidents ranging from data breaches, phishing scams to ransomware attacks, is your business safe? It’s important for businesses to take the necessary steps to protect themselves from cyberattacks. One…
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Insurers in South Africa add Grid Collapse Clauses to Policies
Over the past year, South Africa has been hit with the worst load shedding the country has ever faced. The frequency and severity of load shedding has sparked concerns around a total grid collapse. A grid collapse is a systemic risk insurers cannot protect their clients from. To safeguard themselves, many South African insurers have…