national credit regulatorlatest news & developments
The high court in Johannesburg has ruled against JDG Trading. Illustration: Lisa Nelson

Loan company exploited social grant beneficiaries, high court rules

The Johannesburg high court found the company’s product was at odds with the National Credit Act

  • Eyaaz
3 min read
New legislation seeks to close regulatory gaps to protect consumers and promote a competitive digital finance system. Photo: Nadine Hutton/Bloomberg via Getty Images)

Buy now, panic later: A legal deep dive into South Africa’s payment revolution

New legislation seeks to close regulatory gaps to protect consumers and promote a competitive digital finance system

6 min read
Ithala SOC Limited chief executive Thulani Vilakazi

‘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

  • Eyaaz
5 min read
Consumers are spending more than 40% of their disposable income on repaying debt, survey shows. (Getty Images)

South African households under R2.5 trillion debt stress

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

  • Eyaaz
8 min read
Millions of South Africans are drowning in debt. Consumers owe more than R2.5 trillion to their creditors

Editorial: Financial illiteracy breeds debt

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

  • Eyaaz
3 min read

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

  • Des Erasmus
8 min read