National Credit Regulator – The Mail & Guardian

/ 1 October 2024

‘We are no VBS,’ says Ithala Bank chief executive Thulani Vilakazi

The KwaZulu-Natal state-owned bank is working to overcome its regulatory and legislative issues

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By Paddy Harper

National

/ 26 July 2024

South African households under R2.5 trillion debt stress

Consumers are spending more than 40% of their disposable income on repaying debt, survey shows

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By Lyse Comins

Editorial

/ 26 July 2024

Editorial: Financial illiteracy breeds debt

Consumers can get their lives back after going under debt review although the process is not easy

By Editorial

National

/ 25 November 2023

10 million South Africans are drowning in debt

The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered

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By Lyse Comins

Opinion

/ 15 December 2022

Interest rates, poverty and the burden of debt

Rising interest rates and living costs deal a double blow to the poor

By Anele Ngidi

Business

/ 11 October 2020

Beware the pension fund loan proposal

Industry professionals warn that, although well intentioned, the Bill to enable fund holders to get some of their savings before retiring can do harm

By Thando Maeko

Article

/ 25 January 2019

Fund employs financial literacy as an instrument of transformation

The NJMPF facilitates educational sessions at road shows, workshops and indabas

By Alf James

Article

/ 23 November 2018

Red flags raised over Black Friday

But amid worries that consumers could binge on credit there are signs they are handling debt better

By Lynley Donnelly

Article

/ 5 October 2018

Wary consumers start saving

The number of new accounts has risen but tough times have forced others to borrow

By Gemma Ritchie

Article

/ 13 July 2018

SMEs hobbled by funding gap

Only 1% of South Africa’s small, medium and micro-sized enterprises ask for formal financing

By Thulebona Mhlanga

Article

/ 4 July 2018

SARB’s Kuben Naidoo clears Capitec confusion: There is no new probe

The bank on Wednesday morning reiterated that it had not been contacted by the NCR

By Staff Reporter

Article

/ 22 June 2018

Mutual bank eyes niche markets

What may be SA’s first female black-owned bank is due to disrupt the sector by targeting hawkers and taxi drivers

By Thulebona Mhlanga

Article

/ 22 June 2018

Saving is key to a healthy economy

Given this economic uncertainty, households should save during boom times so that they can survive during a recession

By Sabelo Mtantato

Article

/ 12 May 2015

African Bank: No rescue plan for borrowers

There’s no rescue plan for African Bank borrowers, many of whom are repaying loans that experts say are contrary to the National Credit Act.

By Mandy de Waal

Article

/ 16 April 2015

Borrowed time for credit regulator

A court has ordered that draft recommendations on new credit fees must be completed by the end of April.

By Staff Reporter

Article

/ 26 March 2015

Small lenders force fee issue

State organs are said to have failed to obey a court order to review credit charges within nine months.

By Staff Reporter

Article

/ 4 October 2013

African Bank to pay R20m after reaching NCR agreement

The NCR has reached a settlement agreement with African Bank relating to two cases in which the bank was accused of reckless lending.

By Staff Reporter

Article

/ 5 July 2013

Drop in lending is likely to rebound on the economy

Growth in unsecured lending remains high.

By Staff Reporter

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Article

/ 22 March 2012

Time to get a little thrifty with your wallet

The NCR says the latest credit market statistics suggest a need for caution as the number of consumers with impaired credit records jumped by 100 000.

By Staff Reporter