https://newsletter.en.creamermedia.com
Africa
Africa
africa

Draft National Credit Act regulations withdrawn

DTIC Minister Parks Tau

DTIC Minister Parks Tau

12th September 2025

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

Trade, Industry and Competition Minister Parks Tau has withdrawn the draft National Credit Act amendment regulations, which list educational institutions as originators of credit information, meaning educational debt would appear on credit reports, and which had been published in the Government Gazette on August 13.

The decision was prompted by an overwhelming public response, including more than 20 000 submissions, the vast majority of which were opposed to the proposed regulations.

Tau will consider the changes that are required to protect students, while continuing with efforts aimed at improving access to finance for small, medium-sized and microenterprises to plug the credit funding gap that currently exists, he says.

The Minister also committed to engaging relevant stakeholders to further clarify the process and allay any fears with respect to the outcomes of this process.

“This process has once more demonstrated the robust nature of South Africa’s democracy where the public is able to engage with government in an open and transparent manner,” he avers.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

 

Latest Multimedia

Photo of Martin Creamer
On-The-Air (12/12/2025)
12th December 2025 By: Martin Creamer

Showroom

ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 December 2025
Magazine round up | 12 December 2025
12th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.233 0.335s - 186pq - 2rq
Subscribe Now