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Cash-strapped consumers under fraudulent fire – scammers on the rise
( 09 June 2025, Johannesburg ) South Africans are more digitally connected than ever, but with this convenience comes growing risk. The...
MFSA
Jun 94 min read
251 views
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Impact of Increased VAT on Microfinance Consumers
By Leonie van Pletzen – CEO of MicroFinance South Africa An increase in VAT has a disproportionate and regressive impact on low-income...
MFSA
Apr 33 min read
266 views
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Unlocking development finance: how fair credit pricing fuels economic growth
MicroFinance South Africa (MFSA) is calling for urgent reforms to South Africa's credit regulations, emphasising that fair credit pricing...
MFSA
Mar 143 min read
141 views
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Press Release: Vulnerable consumers suffer at the hands of Mashonisas as legal credit providers close down
Vulnerable consumers suffer at the hands of Mashonisas as legal credit providers close down (Johannesburg, Gauteng – 4 October 2024) –...
MFSA
Oct 4, 20243 min read
336 views
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Press release: Consumers urged to choose registered credit providers amid rising concerns over illegal lending practices
(Johannesburg, South Africa, 26 August 2024) As the South African economy continues to face challenges, consumers are increasingly...
MFSA
Aug 26, 20243 min read
295 views
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Press Release: Financial exclusion fuels the growth of informal borrowing
Financial exclusion fuels the growth of informal borrowing (17 July 2024, Johannesburg) Amidst rising living costs and an increase in...
MFSA
Jul 17, 20244 min read
286 views
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Press Release: Microfinancing industry body calls for review of outdated credit pricing regulations
Microfinancing industry body calls for review of outdated credit pricing regulations (05 June 2024, Tshwane) Financial products drive our...
MFSA
Jun 5, 20243 min read
465 views
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NCR ANNOUNCEMENT: APPOINTMENT OF ACTING CHIEF EXECUTIVE OFFICER
The National Credit Regulator (NCR) wishes to inform all stakeholders and the public, of the appointment of Ms. Lynette De Beer (CA) SA),...
MFSA
May 15, 20241 min read
265 views
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NCR Media Release: Credit extension seasonally increases marginally.
Media Release For Immediate Release ...
MFSA
Apr 17, 20244 min read
124 views
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NCR Media Release: Borrow wisely this January
Media Release ___________________________________________________________________________________________ For Immediate Release ...
MFSA
Jan 9, 20243 min read
100 views
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Bring back the ‘happy’ in ‘happy holidays’ by getting out of the generational debt prison.
Credit Ombud & MFSA For immediate release: 11 December 2023 As soon as the 1st of December hit, there was already a festive buzz in the...
MFSA
Dec 11, 20232 min read
39 views
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NCR Media Release: Investigations in the Cape Town
For Immediate Release ...
MFSA
Aug 18, 20232 min read
176 views
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MFSA
Apr 24, 20230 min read
97 views
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Media Statement - National Treasury
LISTING OF SOUTH AFRICA BY THE FINANCIAL ACTION TASK FORCE AS A “JURISDICTION UNDER INCREASED MONITORING” Government notes the Financial...
MFSA
Feb 24, 20231 min read
90 views
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FSCA Press Release | Reducing joblessness through entrepreneurship best option for SA
South Africa is not creating enough jobs for the number of graduates and matriculants seeking to enter the job market every year and the...
MFSA
Feb 2, 20231 min read
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Credit extension marginally slows down
Today, the National Credit Regulator (NCR) released the Consumer Credit Market Report (CCMR) and the Credit Bureau Monitor (CBM), which...
MFSA
Oct 11, 20223 min read
56 views
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Prevention is better than cure | Press Release: MFSA & Credit Ombud
Prevention is better than cure Managing your finances for the future Financial planning has become a necessity when it comes to managing...
MFSA
Oct 7, 20226 min read
132 views
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Press Release: MFSA & Credit Ombud
Spring cleaning your financial house Spring has sprung! The excitement of a new season that brings sunshine is in the air. While our...
MFSA
Sep 5, 20226 min read
117 views
0 comments
Press Release: The Credit Ombud & MicroFinance SA
We are guided by the theme “Generation Equality: Realizing Women’s Rights for an Equal Future”. What this means is that before gender,...
MFSA
Aug 2, 20226 min read
61 views
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Are you repaying a prescribed debt? Ombud cautions consumers about banks breaking the law
Some banks are tricking customers into repaying debts that have prescribed. The Ombudsman for Banking Services has written off debt and...
MFSA
Aug 1, 20224 min read
23 views
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