S.Africa insurers’ offer in COVID claims fight too little too late for some

“If the insurance companies had paid out properly, many of these restaurants may not have gone out of business,” said Wendy Alberts, head of the Restaurant Association of South Africa. ($1 = 16.7520 rand) (Additional reporting by Wendell Roelf in Cape Town; Editing by Emelia Sithole-Matarise)

UPDATE 1-S.Africa insurers’ offer in COVID claims fight too little too late for some

“If the insurance companies had paid out properly, many of these restaurants may not have gone out of business,” said Wendy Alberts, head of the Restaurant Association of South Africa. ($1 = 16.7520 rand) (Additional reporting by Wendell Roelf in Cape Town; Editing by Emelia Sithole-Matarise)

UPDATE 2-S.African insurers Old Mutual, Guardrisk offer to settle with virus-hit firms

But Old Mutual said in a statement on Wednesday that it would offer settlements to clients with an annual sum of less than 5 million rand ($302,429.1) insured instead. That followed a settlement offer from the country’s fourth-largest non-life insurer, Guardrisk, earlier this week.

World Bank announces 2-year conditional non-debarment of Indian company for corrupt practices

World Bank on Wednesday announced a two-year conditional non-debarment of an Indian company in connection with corrupt and fraudulent practices in two road infrastructure projects in Karnataka and Uttar Pradesh. Egis India Consulting Engineers Private Limited is accused of corrupt and fraudulent practices in the Second Karnataka State Highway Improvement Project and the Uttar Pradesh […]

Apple mercilessly mocked by Epic where it hurts

There are, I suspect, a few nuances in the company’s sudden desire to take on Apple. Why now? What has happened? Some might say, too, that Apple’s 30% guarantees — or tries to — a certain order and safety for consumers in the painfully wild west of apps.

S.African regulator working to clarify companies’ rights in pandemic insurance claims

JOHANNESBURG, Aug 6 (Reuters) – South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus, it told Reuters on Thursday.

Apple and Google pull ‘Fortnite’ from mobile app shops

ALSO READ: Apple fined $500m over 4G patent infringements Gamers will still be able to play Fortnite on their mobile devices, though Apple users will no longer be able to receive updates because those would need to come through the App Store.

Eagle Predict – The effect of Covid 19 on Sports Betting in Nigeria

In as much as the covid 19 has halted so any activities we will like you to remember that your Health is in your own hands, look after it. Wealth is only meaningful if you can share and also enjoy while you are still alive, kicking & healthy. What you do for yourself, dies with […]