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News24 | Business brief | Barbie's Birkenstock moment. Regulator slams top SA medical schemes

A battle has ensued between regulator the Council for Medical Schemes (CMS) and some of South Africa's top medical schemes after the announcement of proposed premium increases for 2024 which the regulator had not yet approved. Meanwhile, the JSE has launched a new carbon market in partnership with Xpansiv, Sony has launched a multi-million dollar African innovation fund, and Microsoft has been hit with a whopping tax bill by US authorities.

The Johannesburg Stock Exchange (JSE) has launched a new carbon market in partnership with Xpansiv, an infrastructure provider for global environmental markets, which will be housed under a separate legal entity called JSE Ventures.

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News24 | Business brief | Barbie's Birkenstock moment. Regulator slams top SA medical schemes

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