business and finance

News24 Business | Elon Musk is making a habit of joining Trump’s calls with leaders

Elon Musk surfaced once more in a round of phone calls US President-elect Donald Trump is making with world leaders, driving home the billionaire's outsized influence in the next administration.




business and finance

News24 Business | Court orders Nulaid owner Quantum to reinstate director it removed in boardroom war

Nulaid owner Quantum Foods has been ordered to reinstate a nonexecutive director it removed after requesting to see the legal advice it relied on in refusing a shareholders' meeting request for board changes.




business and finance

News24 Business | Growth-hungry Premier says it would even consider snapping up RCL, Libstar

Blue Ribbon and Snowflake owner Premier Foods is on the prowl for acquisitions, including the likes of JSE-listed food producers like Remgro-controlled RCL Foods, Libstar and RFG, if they ever become available.




business and finance

News24 Business | Trump names Elon Musk to role leading government efficiency drive

US President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected.




business and finance

News24 Business | GEPF says its annual investment return is 'satisfactory' - but write-offs climb

The Government Employees' Pension Fund delivered a return of 4.9% on investments for its members in the year to end-March.




business and finance

News24 Business | PODCAST | SA Money Report: Navigating racial discrimination and SA's property game

In this week's episode of SA Money Report we examine how racial discrimination impacts the property market and interrupts economic growth.




business and finance

News24 Business | PODCAST | SA Money Report: Working through your 4 stages of load shedding grief

In this week's episode of SA Money Report, we delve into Eskom's latest plunge into darkness.




business and finance

News24 Business | PODCAST | SA Money Report: Getting cargo off our roads and onto Transnet’s vast rail network

In this week's episode of SA Money Report, we explore government's plans to allow private operators to use Transnet’s rail network, which is expected to instantly move some 58 million tons of cargo off South Africa’s battered roads.




business and finance

News24 Business | PODCAST | SA Money Report: We see what Shell sells with its blasts on the sea floor

In this week's episode of SA Money Report, Fin24s sustainability expert Lameez Omarjee provides a seismic blast of information, helping us to understand what's Shell's plans are for waters off the Eastern Cape, and why people are so furious about it.




business and finance

News24 Business | PODCAST | SA Money Report: The curious case of the Public Protector's renewable energy probe

In this week's episode of SA Money Report, Fin24 investigative reporter Jan Cronje delves into Public Protector Busisiwe Mkhwebane's curious investigation of the country's push for more renewable energy.




business and finance

News24 Business | PODCAST | SA Money Report: The oil mother lode and the battle off SA's shores

This week, SA Money Report drills down into the 'game changing' oil find off the coast of Namibia, and how this factors into the recent court battles over seismic blasting on the SA West Coast.




business and finance

News24 Business | PODCAST | SA Money Report: Steinhoff fires salvo with Markus Jooste’s ‘mastermind’ emails

This week, SA Money Report unpacks how a series of emails by former Steinhoff CEO Markus Jooste is an integral part of proving a case against one of his allies in the UK




business and finance

News24 Business | PODCAST | SA Money Report: The Putin crony, the Naspers money and tensions in Mother Russia

This week, SA Money Report journeys in the heart of war, and comes back with a tale about Naspers' exposure in Russia, and its ties to VKontakte, whose 38-year-old CEO Vladimir Kiriyenko was sanctioned by the US.




business and finance

News24 Business | PODCAST | SA Money Report: A new CEO today, transformation tomorrow. Is Absa keeping it together?

This week, SA Money Report focuses on the controversy around the appointment of Arrie Rautenbach as Absa CEO.




business and finance

News24 Business | PODCAST | SA Money Report: Cash problems leave Comair’s future up in the air and its planes grounded

This week Carin Smith explains why Kulula.com operator Comair grounded its planes, and what it will take to get them back in the air.




business and finance

News24 Business | PODCAST | SA Money Report: Labour pains and the birth of all-out Numsa war

This week, SA Money Report delves into the power moves, backstabbing and court cases facing Numsa ahead of its crucial elective conference.




business and finance

News24 Business | PODCAST | SA Money Report: Why retirement is going 2 pot, and what it means for your money

This week SA Money Report discusses the new proposals to change the country's retirement system, and how you might be able to access some of your funds.




business and finance

News24 Business | PODCAST | SA Money Report: Untangling 'blackmail' and vindication at the AG's office

This week SA Money Report discusses how well-respected Auditor-General Tsakani Maluleke recently faced a barrage of allegations from an employee who also allegedly attempted to blackmail her, and how she ended up being vindicated.




business and finance

News24 Business | PODCAST | SA Money Report: Probing why eThekwini's taking the nuclear option in Eskom divorce plan

This week SA Money Report tries to understand eThekwini's surprising plan for nuclear power, and whether the ANC's RET faction has a hand in things.




business and finance

News24 Business | PODCAST | SA Money Report: How deep do Markus Jooste's attachment issues go?

In a very special Steinhoff edition of SA Money Report, we examine the SA Reserve Bank’s recent surprise moves against former CEO Markus Jooste.




business and finance

News24 Business | WATCH | 'Every man for himself': Why this farmer says there's a need for mental health help

Bayanda Maseko lost 2 000 chickens and more than R100 000 he invested in his farm in 2022, all because of load shedding.




business and finance

News24 Business | Siza longer version

After a year long battle by business and organised labour CEO of Transnet Freight Rail Siza Mzimela has resigned




business and finance

News24 Business | Discovery data shows over R3.2 billion paid for cancer treatment in 2023

Discovery Health Medical Scheme's (DHMS) 2023 cancer claims payouts were almost 19% higher than the previous year though the scheme says screening rates in South Africa have mostly returned to pre-pandemic levels.




business and finance

News24 Business | Nick Hedley | Energy transition stats show SA is now way behind the rest of the world

The pace of the energy transition has accelerated exponentially in recent years and South Africa has failed to keep pace. But there is hope with legislative changes paving the way for a more competitive electricity market, says Nick Hedley.




business and finance

News24 Business | Capital growth still disappoints

Although cash should still be seen as a "trashy" asset class, investors do not have many other places to park their money, says an analyst.




business and finance

Action Ordered to Protect Highmark Medicare Supplement Consumers

Series of changes come after reports of Highmark premium notice errors Dozens of complaints have been registered with the Delaware Department of Insurance after Highmark Blue Cross Blue Shield processed hundreds of customer birthdates incorrectly, leading to notices of higher July 1 premiums for many Medicare Supplement participants, including those in the company’s Medigap Blue […]




business and finance

Insurance Commissioner Shares Reopening Reminders

Businesses urged to revisit insurance needs, encourage workplace safety The Delaware Department of Insurance is sharing reminders with businessowners regarding important measures to take as phased reopenings begin and providing resources that can help companies enhance worker and customer safety throughout the reopening process. Insurance Commissioner Trinidad Navarro recommends that businesses revisit their insurance plans […]




business and finance

Department Of Insurance Renews National Accreditation

Bureau of Examination, Rehabilitation, and Guaranty (BERG) team from back left: Tracey Weaver, Alisa Pritchard, Danielle Hopp, Matthew Aidala, Kelly West, Laura Hufschmidt, Deputy Commissioner Tanisha Merced, Jasmine Jenkins, Beth Short, Hollylynn Ford, Sherry Wilson, Blake Synnestvedt, and Steven Carlson. From front left, Nicole Brittingham, Charles Santana, Rylynn Brown, Commissioner Trinidad Navarro, Dave Lonchar, Tom […]




business and finance

Life Insurance Policy Locator finds over $3.5 Million for Users

Over $1 million claimed by Delaware residents in 2019, More than $400,000 in early 2020 The Delaware Department of Insurance has released new data about local use of the Life Insurance Policy Locator, a free tool offered in conjunction with the National Association of Insurance Commissioners (NAIC). In total, 1,116 requests have been submitted, and […]




business and finance

Trinidad Navarro Statement on Signing of Telemedicine Bill

Temporary codification of expanded telemedicine options helps all Delawareans Today Governor John Carney signed, via livestream, HS 1 for HB 348, sponsored by Representative David Bentz, which temporarily codifies a number of consumer-friendly provisions developed during COVID-19 that can increase access to health care due to expanding telemedicine. Insurance Commissioner Trinidad Navarro issued the following […]




business and finance

Commissioner Navarro Partners with Aquila to Distribute Overdose Medication

Will provide Naloxone kits and training at Seaford event Insurance Commissioner Trinidad Navarro, the Town of Seaford, and Aquila Behavioral Health of Delaware have joined forces to deliver life-saving overdose reversal medication to residents on July 27 from 4:00 to 6:00PM at Williams Pond Park. Free opioid rescue kits provided by the Division of Public […]




business and finance

Navarro Urges Residents to Prepare for Tropical Storm Isaias

Provides information on insurance processes for property damage As Tropical Storm Isaias approaches Delaware, residents are urged to prepare for dangerous winds over 55 miles per hour and up to 6 inches of rain. Storm surges, localized flooding, tree damage, power outages, and other threats to life and property are possible, according to the National […]




business and finance

Important Insurance Reminders After Tropical Storm Isaias

Commissioner Navarro encourages caution in repairs, meets with community Tropical Storm Isaias produced tornado activity, heavy rain and flooding, hail, and strong winds throughout the state, causing significant destruction in several Delaware communities. Insurance Commissioner Trinidad Navarro visited residents and assessed damage on Wednesday. “While measuring the full extent of this storm will take time, […]




business and finance

Regulations That Can Increase Affordability Of Medications Announced

New regulations increase oversight of Pharmacy Benefit Managers Excessive pharmaceutical costs are a concerning trend occurring across the nation, and today the Delaware Department of Insurance has finalized new regulations for Pharmacy Benefit Managers (PBMs) to proactively combat the issue. The regulations go into effect on August 11 as part of implementing HB 194, and […]




business and finance

Rates To Decrease In Delaware Affordable Care Act Marketplace

Second consecutive year of reductions in health insurance rates In a year when the nation’s attention is firmly focused on healthcare and its costs, Delaware Insurance Commissioner Trinidad Navarro has announced another reduction in rates on the Delaware Health Insurance Marketplace. Despite insurer costs related to COVID-19 testing and treatment, Commissioner Navarro negotiated an average […]




business and finance

$21.5 Million in Health Insurance Rebates for Individuals and Small Businesses

Thousands of Highmark 2019 plan participants and groups to receive checks After announcing a reduction of Delaware Health Insurance Marketplace rates for the upcoming enrollment year, Insurance Commissioner Trinidad Navarro has more good news for residents who purchase insurance on the Delaware Health Insurance Marketplace, those who purchase Highmark Blue Cross Blue Shield Delaware plans […]




business and finance

Medicare Assistance Bureau Innovates to Serve Residents During COVID-19

More ways to receive Medicare counseling and information as Open Enrollment approaches, Bureau earns federal grants to support efforts When COVID-19 required cancellation of the Department of Insurance Delaware Medicare Assistance Bureau series of statewide Welcome to Medicare in-person events, the team responded rapidly, engaging with residents in new ways and offering their free, one-on-one […]




business and finance

Overdose Medication Distribution Planned For Smyrna Wednesday

Commissioner Navarro to provide Naloxone kits and training at event Insurance Commissioner Trinidad Navarro, in collaboration with Public Health’s Kent County Community Response Team, the First Presbyterian Church of Smyrna, and the Smyrna-Clayton Ministerium will provide free training and opioid rescue kits to residents on Wednesday, October 14 from 2:00 to 5:00PM. The event, taking […]




business and finance

State Auditor Kathy McGuiness and Insurance Commissioner Trinidad Navarro Partner for a Fraud Town Hall

DOVER, DELAWARE – Delaware State Auditor Kathy McGuiness and Insurance Commissioner Trinidad Navarro together will host a virtual Fraud Town Hall via Facebook live on Wednesday, October 21, 2020 beginning at 3:00 pm. The Auditor’s Office and the Department of Insurance want to jointly raise awareness of the types of fraud schemes both agencies regularly […]




business and finance

Workers’ Comp. Insurance Rates Drop for Fourth Consecutive Year

Decrease and Workplace Safety Program save businesses money during unprecedented time Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. The voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual market […]




business and finance

Enrollment Open For Delaware’s Health Insurance Marketplace

The marketplace’s eighth open enrollment period starts Sunday, Nov. 1, and ends Tuesday, Dec. 15, at www.HealthCare.gov, where consumers can renew existing coverage or sign up for a new plan. Coverage for enrollees who sign up by Dec. 15 and pay their first month’s premium will take effect Jan. 1.




business and finance

Delaware Finalist for International Insurance Domicile of the Year

Shortlisted for European Captive Review honor Insurance Commissioner Trinidad Navarro shared today that Delaware was named as one of three finalists for International Insurance Domicile of the Year within the European Captive Review Awards. The winning domicile will be announced in a virtual ceremony on November 26. Delaware is the fifth largest global captive domicile. […]




business and finance

Delaware’s First Mental Health Parity Examinations Complete

Regulated health insurers found to be in violation laws of that prohibit discrimination in mental healthcare, $597K in fees assessed Insurance Commissioner Trinidad Navarro has announced the completion of the first in a series of Mental Health Parity examinations on health insurers in Delaware. Investigations conducted by the Delaware Department of Insurance uncovered thousands of […]




business and finance

Dec. 15 Last Day to Sign Up for 2021 Coverage on Delaware’s Health Insurance Marketplace

For those who enroll by the deadline and pay their first premium, coverage will begin Jan. 1, 2021.




business and finance

New Report Outlines Plan for Strengthening Primary Care in Delaware

Provisional Affordability Standards aim to strengthen primary care in Delaware through increased investment Insurance Commissioner Trinidad Navarro announced the release of the Office of Value-Based Health Care Delivery’s initial provisional Affordability Standards as part of a new report, Delaware Health Care Affordability Standards: An Integrated Approach to Improve Access, Quality and Value, which includes plans […]




business and finance

Enrollment on Delaware’s Health Insurance Marketplace Increases More Than 5% For Coverage in 2021

NEW CASTLE (Dec. 23, 2020) – Enrollment on Delaware’s Health Insurance Marketplace increased more than 5% during the open enrollment period that ended Dec. 15. From Nov. 1 through Dec. 15, a total of 25,260 Delawareans signed up for 2021 coverage through the marketplace, an increase of 5.3% over last year’s open enrollment period, when […]




business and finance

Commissioner Navarro Signs Health Policy Letter to President-Elect Biden

Joins ten Insurance Commissioners in providing short- and long-term recommendations to the incoming administration A group of the nation’s state insurance commissioners joined together in a pledge to work with President-elect Joe Biden by providing health policy recommendations to the incoming administration. The commissioners share President-elect Biden’s vision that no American should have to go […]




business and finance

Department of Insurance Announces 2020 Year-End Data

Insurance Commissioner Trinidad Navarro highlights successes, resilience The Delaware Department of Insurance published today a series of statistics outlining performance and productivity during 2020. These metrics show successes notwithstanding the pandemic and operational changes such as working remotely. These data have been shared visually in the Department of Insurance 2020 Year in Review infographic. “Despite […]




business and finance

Consumer Alert: Liberty Mutual Policyholders Experienced Difficulty Filing Claims, Receiving Response

Company corrections ordered and completed Commissioner Trinidad Navarro has released a consumer alert for Liberty Mutual policyholders. In early December, the Delaware Department of Insurance became aware of unacceptable difficulties in contacting the company and filing claims by phone. The department ordered these issues corrected when discovered, and recently deemed the problems resolved. Policyholders reported […]




business and finance

Delawareans Will Have New Opportunity to Gain Health Insurance Through HealthCare.Gov from Feb. 15 to May 15

Delawareans looking for affordable health insurance will have an additional opportunity to sign up for coverage – including tax credits for eligible enrollees that help to reduce monthly premiums significantly.



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