National Credit Regulator (NCR)
Public Entity · Economic Infrastructure and Development · reports to Department of Trade, Industry and Competition (the dtic)
The National Credit Regulator regulates the South African consumer credit market. It was established under the National Credit Act, 2005 (Act No. 34 of 2005).
It registers credit providers, credit bureaux, debt counsellors, payment distribution agents and alternative dispute resolution agents, and enforces compliance with the Act. Its mandate includes preventing reckless lending, requiring affordability assessments before credit is granted, and regulating the accuracy of consumer credit information.
It oversees the debt counselling and debt review process through which over-indebted consumers restructure their obligations, and it may refer contraventions to the National Consumer Tribunal for adjudication.
Audit record, 5 years
Financial highlights, 2024/25
- Total Revenue
- R149m
- Total Expenditure
- −R145m
- Total Assets
- R155m
- Total Liabilities
- R98m
Values in rand. Sparklines run oldest to newest and are scaled to each series, not to zero.
Leadership, 22 listed
- Chief Executive Officer
- Mr Otsile Maseng
- Chief Financial Officer
- Ms Lynette De Beer
- Chief Operations Officer
- Ms Tshifhiwa Bologo
- Senior Management
- Ms Jacquiline Baloyi Ms Boitumelo Geldenhuis Mr Ronny Kaptein Adv Kedilatile Legodi Mr Ngoako Mabeba Ms Nthupang Magolego Mr Lesiba Mashapa Mr Zolile Mngqundaniso Ms Enica Mpete Ms Takalani Mudau Ms T Mudau Ms Phillipine Mweli Mr Nkosenhle Ngongoma Mr Sibusiso Nhangombe Ms Tebogo Ntsimane Ms Maphuti Ramuhala Ms Mmemeng Tsehla
- Communications Officers
- Ms Winnie Rabathata Ms Didi Sebothoma
Description written for this directory from the entity’s own published sources: www.ncr.org.za, www.gov.za