The High Court has ordered the National Credit Regulator (NCR) and the Minister of Trade and Industry to set aside regulations that cap interest rates and fees on short-term credit contracts.
It said that the Minister and the NCR failed to consider the effects of such caps on the micro-lending industry as well as the delivery of short-term credit to consumers.
The Money Show’s Bruce Whitfield interviewed Stephen Logan, Founder at Fair Credit.
For more detail; listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
They’ve been counting Oscars votes for 80 years. They’ll never forget 2017…
The Money Show’s Bruce Whitfield interviews Bala about his attitude to money (hopes and fears, successes and failures, etc.).
What happens when an industry dies? A clip from “Hollywood Ending: Mutations of Money at the End of the Movie Industry"...
Portfolio Manager Michael Treherne on what he believes are the three hottest stocks right now.
Make no mistake; strategizing to grow your business takes time. Yet, few business owners seem to have enough of it.
Personal Financial Advisor Warren Ingram gives advice on where to put your money; considering changes brought by Budget 2017.
A few months ago the dam was only 27% full.
The #ForeignerMarch has turned violent. Police had to use stun grenades and rubber bullets to disperse the crowd.
Joburg mayor Herman Mashaba has condemned the violence in the strongest possible terms and says he will lay charges.
What does the Finance Minister's announcement on transfer duty threshold really mean for home buyers?
Worcestershire or "Wooster" sauce? The Queen's language can be over-rated and hard to get right! Listeners chuckle at themselves.
Eusebius McKaiser hosted a heated debate on God's existence with atheist Jacques Rousseau and believer Mahlatse Winston Mashua.