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Buy Now, Pay Later and over-indebtedness: Micro Finance South Africa calls for proactive cooperation
PRESS RELEASE (Johannesburg, 22 September 2025) – MicroFinance South Africa (MFSA) has expressed concern about the rapid growth of Buy...
MFSA
Sep 22, 20253 min read
MFSA Calls for Urgent Review of Credit Rates and Fees
PRESS RELEASE MicroFinance South Africa (MFSA), the national body representing over 1,800 registered credit providers, has welcomed the...
MFSA
Sep 12, 20252 min read
Exacerbated by frozen credit rates and fees, South Africa’s youth and MSMEs continue to struggle
PRESS RELEASE [Johannesburg, South Africa, 08 September 2025] MicroFinance South Africa (MFSA) is calling on policymakers to urgently...
MFSA
Sep 8, 20253 min read
A wake-up call: Unregulated Buy Now, Pay Later could trigger a financial crisis
[11 August 2025, Johannesburg, South Africa] MicroFinance South Africa (MFSA) is calling on regulators to act swiftly on the unchecked...
MFSA
Aug 11, 20253 min read
New data reveals that South Africa’s non-bank lenders are at the forefront of financial inclusion
The International Committee on Credit Reporting (ICCR) Spring Plenary 2025 recently held in Cape Town spotlighted the urgent need to...
MFSA
Jul 10, 20253 min read
The compliance crisis: Increased ID verification fees proposed by Department of Home Affairs threaten legal credit access and progress towards financial inclusion
MicroFinance South Africa (MFSA) is urging immediate engagement by national policymakers following the Department of Home Affairs’ (DHA)...
MFSA
Jun 26, 20254 min read
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 9, 20254 min read
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 3, 20253 min read
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 14, 20253 min read
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
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
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
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
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
NCR Media Release: Credit extension seasonally increases marginally.
Media Release For Immediate Release ...
MFSA
Apr 17, 20244 min read
NCR Media Release: Borrow wisely this January
Media Release ___________________________________________________________________________________________ For Immediate Release ...
MFSA
Jan 9, 20243 min read
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
NCR Media Release: Investigations in the Cape Town
For Immediate Release ...
MFSA
Aug 18, 20232 min read
MFSA
Apr 24, 20230 min read
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
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