Johannesburg, 4 June 2026 - The National Credit Regulator (NCR) is pleased to announce the appointment of Mr. Otsile Maseng as the new Chief Executive Officer of the National Credit Regulator (NCR). Mr. Maseng’s officially assumed office on Monday, 1 June 2026 following his appointment by Cabinet on 6 May 2026. A seasoned Executive with a career that boasts in excess of 25 years in senior management roles, his expertise, both in the public and private sectors, spans across the regulatory,...

(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 over 100 000 jobs,” states Leonie van Pletzen, CEO of CASA. “We believe, however, that a critical, immediate lever to accelerate these outcomes lies in...

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 release of the...