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Press Release: Access to regulated credit is essential to create an enabling environment for South Africa
PRESS RELEASE FOR IMMEDIATE RELEASE Access to regulated credit is essential to create an enabling environment for South Africa ( Pretoria, South Africa, 22 April 2026 ) The Credit Association of South Africa (CASA) has welcomed the Department of Trade, Industry and Competition’s (DTIC) 2026/27 Annual Performance Plan (APP), which places a strong emphasis on inclusive growth, job creation, and reducing the cost of living. “We support the DTIC’s commitment to creating o

CASA
Apr 224 min read


Press Release: Rising financial stress is behind the sharp increase in illegal lending in South Africa
PRESS RELEASE FOR IMMEDIATE RELEASE Rising financial stress is behind the sharp increase in illegal lending in South Africa ( Pretoria, South Africa, 08 April 2026 ) The Credit Association of South Africa (CASA) has signalled deep concern about the growing rise in illegal lending, warning that increasing financial pressure on consumers and tightening access to formal credit are driving more South Africans into the unregulated credit market. This warning follows the re

CASA
Apr 83 min read


Press Release: Consumers are paying the price as illegal lending continues to surge
PRESS RELEASE Consumers are paying the price as illegal lending continues to surge (Pretoria, 09 March 2026) – As financial pressure on households continues to rise, more South Africans are being pushed toward unregistered lenders who operate outside of the law and without consumer protections. The Credit Association of South Africa (CASA) is warning consumers that while regulated credit providers must comply with strict affordability assessments and pricing limits und

CASA
Mar 94 min read


Exclusion does not mean protection
OPINION EDITORIAL Exclusion does not mean protection By Leonie van Pletzen, CEO of CASA South Africa’s National Credit Act was designed to protect vulnerable borrowers from exploitation, over-indebtedness and opaque lending practices. That objective remains as important today as it was at the Act’s inception. But in one critical respect, our regulatory framework is no longer aligned with economic reality and the consequences are increasingly visible at the margins of the form

CASA
Mar 54 min read


Press Release: Outdated credit fee caps are stagnating financial inclusion and driving consumers to illegal lenders
( Pretoria, 11 February 2026 ) The Credit Association of South Africa (CASA) has flagged that South Africa’s non-bank credit sector is facing a growing sustainability crisis. It reports that regulated credit fees and charges remain frozen under a framework that has not been meaningfully reviewed in over a decade. This is despite sharp increases in compliance costs, operating expenses, and consumer risk. “The current structure of regulated fees under the National Credit Act

CASA
Feb 114 min read


Press Release: Debt Counselling Is a Last Resort, Not a Savings Tool, CASA Warns Consumers
(Pretoria, 02 February 2026) – The Credit Association of South Africa (CASA), the national industry body representing South Africa’s non-bank credit sector, is calling on consumers to approach debt counselling responsibly and to engage their credit providers as a first step before entering a formal legal process. CASA emphasises that debt counselling is a vital consumer-protection mechanism for genuinely over-indebted households, but it is not designed as a convenience or co

CASA
Feb 24 min read


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...

CASA
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...

CASA
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...

CASA
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...

CASA
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...

CASA
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)...

CASA
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...

CASA
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...

CASA
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...

CASA
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) –...

CASA
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...

CASA
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...

CASA
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...

CASA
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),...

CASA
May 15, 20241 min read
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