South Africa has more than R80-billion sitting in unclaimed financial assets across banking and non-banking sectors. The government’s new proposed solution is the creation of a central administrator responsible for managing all unclaimed benefits, but with a time limit on how long money can be claimed.

Source: https://www.dailymaverick.co.za/article/2026-08-26-treasury-proposes-central-administrator-for-r88-6bn-in-unclaimed-assets/?dm_source=blocks-list-item&dm_medium=card-link&dm_campaign=inform&dm_position=3&_gl=1*1ln6s0i*_up*MQ..*_ga*MzQ2MTg0NzUwLjE3ODc