South Africa needs centralised anti-fraud hub, says FSCA

South Africa needs centralised anti-fraud hub, says FSCA

A National Scam Centre is a centralised government-led agency that brings together various experts to fight fraud. (Image created via ChatGPT) The Financial Sector Conduct Authority (FSCA) is looking to establish a National Scam Centre in the long-term, as part of developing a more coordinated national approach to tackling the rising rate of sophisticated cyber…

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FSCA finds no illegal activity at Livestock Wealth

FSCA finds no illegal activity at Livestock Wealth

Ntuthuko Shezi, Livestock Wealth founder and CEO. The Financial Sector Conduct Authority (FSCA) says it has concluded its investigation into Livestock Wealth Financial Services (Mother Company) and Livestock Wealth, finding no evidence that the companies conducted unregistered financial business. The FSCA last January warned the public to exercise caution when dealing with Livestock Wealth, following…

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