12/09/2025
Press Release | MFSA Calls for Urgent Review of Credit Rates and Fees
MicroFinance South Africa (MFSA), the national body representing over 1,800 registered credit providers, has welcomed the decision by Minister of Trade, Industry and Competition, Mr Parks Tau, to withdraw the Draft National Credit Act Amendment Regulations. MFSA believes the move underscores the importance of meaningful consultation in shaping regulations that protect consumers while ensuring fair and inclusive access to credit.
Read more here: https://ow.ly/jRCl50WVCzC