National Consumer Commission to crack down on timeshare industry

The Competition Commission began their first round of public information and evidence gathering session on Monday. The session is to get to the heart of issues plaguing the timeshare vacation club industry. The hearings kicked off in Johannesburg.

Ebrahim Mohamed, Commissioner at The National Consumer Commission (NCC) says the commission has received thousands of complaints in the timeshare industry over the years. He says this has been frustrating because the Consumer Protection Act doesn't cover every problem faced by consumers.

We then attempted to take the matter to court, to the National Consumer Tribunal.

Ebrahim Mohamed, Commissioner at The National Consumer Commission

Mohamed says the commission decided to conduct a nationwide inquiry to pull together the different legislation and come up with a framework that will comprehensively cover the timeshare industry. He says they are going to try speak to all the stakeholder and consumers countrywide.

Listen to the audio in the clip below:


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
DA calls for urgent investigation into illegal sale of strategic oil stocks

DA calls for urgent investigation into illegal sale of strategic oil stocks

The DA has written to President Cyril Ramaphosa asking him to initiate an urgent Special Investigation Unit into the case.

Test Kitchen redesigns operations into 'Drought Kitchen' to save water and jobs

Test Kitchen redesigns operations into 'Drought Kitchen' to save water and jobs

Award-winning chef Luke Dale-Roberts explains how they've ensured no job losses and continued operations during the tough drought.

The rise and fall of the #Guptas

The rise and fall of the #Guptas

Jessica Bezuidenhout explains the plight of the Guptas and how they fell from power and the strike at their Optimum Coal Mine.

UK issues terror warning against SA after Brit couple abducted in KZN

UK issues terror warning against SA after Brit couple abducted in KZN

The British gov issued a travel advisory‚ warning of possible attacks when traveling to SA, after a UK couple was kidnapped.

Legislative gaps in timeshare industry probed by National Consumer Commission

Legislative gaps in timeshare industry probed by National Consumer Commission

John Maytham spoke to Commissioner Ebrahim Mohamed about complaints received over the years.

How to rid yourself of binding timeshare contracts

How to rid yourself of binding timeshare contracts

Many of those who bought the idea of cheap holidays end up with points they can't use. How do you get out of the contract?

Popular articles
I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

Minister Zwane confirms trips to Dubai and Switzerland

Minister Zwane confirms trips to Dubai and Switzerland

EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

The ANC treasurer-general confirmed Mantashe’s comments that the President did not consult the ANC leadership on the reshuffle.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.