The Financial Services Board (FSB) supervises insurers, pension funds, friendly societies, exchanges, central securities depositories, collective investment schemes, financial advisory and intermediary services. It is committed to a fair treatment of both users and providers of financial services and acts to minimise the potential system risks in the industry. The FSB is based in Ashlea Gardens, Menlo Park, Pretoria.
Regular readers of this column may recall a rather facetious commentary that I provided some months ago about a flight from Singapore to London which crossed German airspace. Schoolboy humour has its place but there is only tragedy in the shooting down of Malaysian flight MH17 on July 17 2014 and the deaths of 298 passengers and crew over the Ukraine. Of the victims, 38 were resident in Australia, and many others were en route to Australia for business, family or holiday reasons.
“Sign Up. It's free and always will be." The mesmerising words had us all enthralled. Our thoughts could be free; to inspire our friends and convey the mundane. It was the start of a great online civilisation. We all joined, and, sadly, we were all taken for a ride. Money was saved but Facebook was never the product – we were. The only product Facebook ever intended to create was the biggest collection of human thought ever – and it was all to be had, for free.
There is a reason that the British waited 40 years to emulate the sporty prowess of the Jaguar E Type, they didn't want to produce yet another sports car – they wanted to produce the best British sports car ever. By jove, they have done just that.
Ascendis Health: August 11 – The company has concluded an agreement to acquire certain market leading brands from Arctic Healthcare for R151m. The brands being acquired include Chela-Fer, Menacal7, Chela-Preg, Chela-mag, Osteoflex and Supa Chewz.