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03 June 2026 Financial Services Intelligence Watch

MTI fallout deepens as R6.5 billion in claims mounts without prosecutions

MyBroadband reports that more than five years after the collapse of Mirror Trading International (MTI), widely regarded as South Africa’s largest pyramid scheme, not a single major figure behind the operation has been criminally prosecuted despite investor claims now exceeding R6.5 billion. According to the report, over 9 400 ...

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Working Smart

By Lee Rossini

In the current environment, fee transparency is a defining characteristic of a trustworthy and sustainable business. Clients are informed, cautious, and demanding about understanding what they are paying for. Transparency is both a regulatory requirement and a commercial imperative. Businesses that clearly explain their charges and value proposition are more likely to build long-term trust, strengthen client relationships, and differentiate themselves in a competitive market.

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