MFSA BLITZNEWS June / July 2010
VIVA FIFA 2010 World Cup!!! As One Nation & One Voice we participated in the celebrations of the excellent and very successful World Cup. Spain conquered the World Cup in the same way MFSA is conquering the industry. UNITED WE STAND!
1. ANNUAL GENERAL MEETING AND CONFERENCE:
We call on you to support the following MFSA event in the same spirit as the World Cup celebrations.
During the AGM the Board and Management has the opportunity to confirm their loyalty to you, our true supporter. This event further is to ensure the sustainability of all our businesses. Make sure you diarize the 2nd September 2010 and give your encouragement and support to your business sector.
During the SUSTAINABILITY Conference you will be treated to subjects like Strategy, Governance, Rating and Operational Research. These themes will be presented by well educated and experienced experts in their fields. Don’t miss out – “feel it, the conference is here”. Attached hereto you will find the formal communication and documentation in this regard.
2. EDO
During the month of June we experienced a couple of difficulties. The Board of Directors took a well informed stance and decision on this matter. A delegation of Board and Top Management met with the CEO of PASA (Payment Association of SA) and formally addressed the problems relating to EDO. The MFSA is aware of the time sensitivity of collections as well as reporting of the system and will therefore endeavour to adhere to the original agreed-on principles.
3. MEMBERSHIP:
The MFSA urge you as reckoned and reputable entrepreneur and businessman to use your influence in encouraging and convincing the non-affiliated Credit Provider to join the MFSA, so they too could make use of the superior service we provide. Some Credit Providers believe they can sustain their business by only being subscribed to an Association that gives them access to the payment stream. MFSA members however enjoy affiliation to four crucial and strategic industry partners at no cost. They are: the Credit Ombud/Credit Information Ombud (for an alternative dispute resolution mechanism), the Credit Providers Association (for data in decision making), the National Debt Mediation Association (for curbing over-indebtedness) and the EDO Payment System Stakeholder Forum (for collection of payments).
4. NCR:
In recent engagements with the Office of the Regulator, the main issue remains the non-renewal of registration and the language policy. It is recommended that you definitely renew your registration annually. This will enable you to conduct legitimate business transactions and be in compliance with the Regulations of the National Credit Act. It is further suggested that you include an ethnical language as part of your language policy.
5. BANKSETA
The BankSeta invites all Credit Providers and SMME’s (and their staff) to attend a workshop, on the new Consumer Protection Act and its implementations, at no cost. Please RSVP to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 012 663 3251 for booking your seat(s) and directions. The program detail is as follow and the workshop will be running from 08.30 – 16.30 on each specific day.
|
Date |
City |
Venue |
|
14 July 2010 |
Johannesburg |
Houghton Boardroom |
|
19 July 2010 |
Pretoria |
Lougardia Conference Room |
|
19 July 2010 |
Rustenburg |
OudeLandgoed Lodge & Spa |
|
20 July 2010 |
Nelspruit |
Bhundu Inn, Witrivier Rd |
|
21 July 2010 |
Port Elizabeth |
Victoria Alfred Guest House |
|
22 July 2010 |
East London |
Manderson Hotel |
|
3 August 2010 |
George |
Pine Lodge Resort |
|
3 August 2010 |
Bloemfontein |
Dayana |
|
4 August 2010 |
Cape Town |
Global Bits Thuta |
|
4 August 2010 |
Kimberley |
Kimberley Club |
|
12 August 2010 |
Polokwane |
Oasis Lodge |
|
17 August 2010 |
Richards Bay |
Wood Pecker Inn |
|
18 August 2010 |
Durban |
Durban Spa Hotel |
6. MFSA STAFF:
The MFSA Board and Management want to take this opportunity to welcome Leonie Kirsten to the staff complement of the Association. She has graduated in journalism and with vast experience in analysing brand awareness of, amongst others, listed companies such as Sanlam, Old Mutual and BMW, we firmly believe that she will bring a new dimension to the Association. Her responsibilities will include Marketing, Communication and Research. We wish her an enriching and enjoyable working relationship with the Association and its members.
To every MFSA member I would like to extend my gratitude for being loyal to the Association over the past years. Yes, in UNITY we can strive towards SUSTAINABILITY in our sector and industry and together only WE can achieve that!!
I look forward in seeing you again at the AGM and Conference on 2 September 2010.
Remember the wise words of Professor Dr Klaus Topfer, the United Nations Environment Programme Executive Director - Sustainable development is the peace policy of the future.
Kind Regards,
Jurgens van Zyl
General Manager
