MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / South Africa’s R90bn Unclaimed Benefits – How to Claim Yours | SA News

South Africa’s R90bn Unclaimed Benefits – How to Claim Yours | SA News

South African financial institutions are currently holding more than R90 billion in unclaimed benefits that rightfully belong to members of the public, according to a report in the Sunday Times. This staggering amount includes R4.5 billion in unclaimed dividends alone, according to a recent report. Banks, retirement fund administrators, insurance companies and the Johannesburg Stock Exchange (JSE) are all actively trying to locate millions of beneficiaries who may be unaware they are entitled to these funds.

The Financial Sector Conduct Authority (FSCA) revealed that the total value of unclaimed assets held by financial institutions reached R88.56 billion in 2022. Of this amount,…

Heritage Day: Celebrated on September 24, this day promotes South African
culture and heritage, encouraging people to embrace their diverse backgrounds.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Re: R8.5 Million Lotto Winner Claims Prize in Gqeberha

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. As someone from KwaMashu, I understand the impact such winnings can have on township communities. Wishing the grandfather all the best. Regards Themba Zulu In Response to/From: R8.5 Million Lotto Winner Claims…

  • Re: Minister Tolashe and Postbank Black Cards

    Dear Editor I appreciate the Minister’s assurance regarding the smooth transition to Postbank Black Cards for grant beneficiaries. As a concerned citizen, I hope the government will ensure that all beneficiaries, especially elderly and vulnerable populations in areas like Soweto, receive adequate assistance during this transition period. The expansion of card replacement locations to include…

  • Lotto Winner Story

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. Regards Willem Pieterse In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

Reader Interactions

Comments

  1. Fun South African Fact: It’s believed that Cape Town’s iconic Table Mountain is one of the oldest mountains in the world. Table mountain is approximately 260 million years old; it’s also home to thousands of species of plant life, including species unique to the Cape Floral Region. The glorious mountain is one of the world’s 7 New Natural Wonders. It is also apparently one of 12 main energy centres on the planet emitting spiritual, magnetic, and electric energies. It’s an idyllic and very popular hiking destination with hundreds of routes to explore.

  2. Finland: You have two cows. They are more likely than your entire country to commit a crime.