News Formal

War of words over declined medical aid merger

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The CMS’s decision to halt the proposed merger of black-owned Sizwe and Hosmed Medical Scheme has dealt a blow to the transformation of the medical schemes sector, which is urgently needed.

“It is the duty of the internal auditor to flag internal control problems on a continuous basis and the internal and external auditors must do so with independence and without fear or favour,” said Mangcwatywa, who has challenged Kabane and the CMS to a public hearing.

He added that Thebemed would “die in the hands of the curator and possibly be merged into one of the big schemes. We think this is what CMS wants to achieve, to strengthen the power of the dominant players in the industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The property market starts returning to pre-lockdown levels | CitypressOnline property listing portals saw a decline in activity at the start of the lockdown, but it has been increasing steadily, almost back to pre-lockdown levels.
Source: City_Press - 🏆 7. / 72 Read more »

Oil rises as US stocks fall building hopes of fuel-demand uptickThe EIA expects US crude production to fall by 990,000 bpd this year, steeper than the 600,000 bpd decline it forecast last month
Source: BDliveSA - 🏆 12. / 63 Read more »