The Credit Ombud, the office created to deal with complaints from consumers and businesses that are negatively impacted by credit bureau information or when a consumer has a dispute with a credit provider, debt counsellor or payment distribution agent has released its report for 2011. A copy of the full report can be downloaded here.
A summary of the statistics contained in the report :
Complaints and enquiries received                                        14 167
calls received by the …

Malcolm Rees in The Citizen gives an overview of the  Protection of Personal Information Bill (POPI) , which is anticipated to be passed this year.
“While seeking to ensure that individuals have the maximum control over the flow of their personal information, the new laws will compel many organisations to entirely re-think the way they handle such information.
The Protection of Personal Information Bill is currently being reviewed by Parliament and is expected to come into law sometime this year.
Popi “will be the most comprehensive Bill dealing with the protection of information in …

With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies’ credit management policies need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor economy. In addition credit management is also being impacted by the new legislation such as the National Credit Act, the Consumer Protection Act and the new Companies Act.
 
This is a half day seminar in Durban on the 18th May 2012 aimed at commercial creditors (businesses who …

 With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and
all companies’ credit management policies need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor
economy. In addition credit management is also being impacted by the new legislation such as the National Credit Act, the Consumer Protection Act
and the new Companies Act.
 
This is a half day seminar in Cape Town on the 21st October 2011 aimed at commercial creditors (businesses who supply …

It has been almost a year since former NCR CEO Gabriel Davel announced his resignation and over 7 months since that resignation became effective and  Business Day‘s Micahel Bleby now reports:
“THE National Credit Regulator may soon have a new CEO, bringing an end to months of leadership under an acting head, the Department of Trade and Industry said last week.
“The process of appointing the CEO is at an advanced stage,” department spokesman Clement Manoko said last week.
“Interviews were conducted and verification of qualifications and security clearance process completed recently.
“We will recommend appointment …