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FSB licenses nearly 20 000 financial services providers

31 March 2010 Financial Services Board (FSB)

Financial Services Board (FSB) Deputy Executive Officer for Market Conduct and Consumer Education, Gerry Anderson says the FSB has finalised the processing of 19 902 (Previously 19 547) applications for authorisation as financial services providers to date. In total, 1794 of these applications have been declined (previously 1759).

 

The details of the additional 35 applications that have now been declined are as follows:

1 34339 LEHLABILE BROKERS AND CASH LOANS CC

2 36997 KKN CONSULTANTS CC

3 38636 REAL ESTATE INVESTMNET DIVISION

4 38915 MADIMETJA MONAFINI FUNERAL SERVICES

5 39378 DIPINA INVESTMENTS CC

6 39633 CARMARK (PTY) LTD

7 39818 SINKITHEMBA FUNERAL SERVICES

8 40014 GEORGE ROBIN PIPPON DAVIES

9 40031 ANASTACIA REFILOE MONDWENI

10 40241 TAU W V

11 40384 NGOMANE FUNERAL SERVICES

12 40470 MMK UNDERWRITING MANAGERS

13 40591 REATHUSA FUNERAL AND TOMBSTONE

14 40676 BONGUMUSA JEROME MVUNDLE

15 40705 MATEKELE SHILUBANE

16 40738 THULANI MHLONGO

17 40798 MANO CONSULTING (PTY) LTD

18 40866 NFN CONSULTANTS (PTY) LTD

19 38983 ANDILE KENNEDY MAJIKIJELA

20 39841 T PILLAY t/a JADE CONSULTING

21 37794 MPHATHENI CONSTRUCTION & PROJECTS

22 38093 NOTLAHLA FINANCIAL SERVICES

23 39632 CEDAR POINT TRADING 338 (PTY) LTD

24 39815 TSHIYA FUNERAL CC

25 40049 MANKGALE EDDIE KEKANA

26 40086 LIONBEE CONTACT (PTY) LTD

27 40341 TOMEBUTSI TRADERS

28 40498 BOIKEMISETSO FUNERAL SERVICES CC

29 40678 MAKHWIKHWI TRADING ENTERPRISE CC

30 40799 FABCO FINANCIAL SERVICES (PTY) LTD

31 40811 T2 BURIAL SERVICES CC

32 40871 ILIZWE FINANCIAL SERVICES (PTY) LTD

33 40876 SCORATIX (PTY) LTD

34 40950 ADDITIONAL STRENGTH TRADING &

PROJECTS

35 41098 CHARL MARAIS

Kwa Mhlanga, Mpumalanga

Letaba, Limpopo

Johannesburg, Gauteng

Bela-Bela, Limpopo

Pretoria, Gauteng

Somerset West, Western Cape

Ndwedwe, Kwazulu-Natal

Switzerland

Sea View, Kwazulu-Natal

Johannesburg, Gauteng

Komatipoort, Mpumalanga

Polokwane, Limpopo

Kimberley, Northern Cape

Durban, Kwazulu-Natal

Letaba, Limpopo

Durban, Kwazulu-Natal

Johannesburg, Gauteng

Pretoria, Gauteng

Midrand, Gauteng

Soweto, Gauteng

East London, Eastern Cape

SomersetWest,Western Cape

Mulbarton, Gauteng

Thokoza, Gauteng

Durban, Kwazulu-Natal

Mhluzi, Mpumalanga

Kroonstad, Free State

Umlazi, Kwazulu-Natal

Johannesburg, Gauteng

Kwalugedlane

Midrand, Gauteng

Claremont, Western Cape

Rooihuiskraal, Gauteng

Kimberley, Northern Cape

“Some of the reasons why applications are declined is that there is insufficient or incorrect information on the application forms, no proof of payment of the application fee or not meeting the fit and proper requirements”.

The authorisation of the following 6 FSPs have been suspended during the reporting period:

1

25291

Beehive Call Centre CC

Lonehill, Gauteng

2

3

4

5

6

16101

10043

22151

22260

18374

Alida Jacobs

Hendrik Jacobus Minny

Baj Auto Investment (Pty) Ltd

Devan Sagadevan Govender

Lebohang Simon Makoetlane

Ravensmead, Western Cape

Potchefstroom, Nort-West

Vanderbilpark, Gauteng

Phoenix, Kwazulu-Natal

Worcester, Western Cape

 

The authorisations of the following 59 FSPs have been withdrawn during the reporting period:

1 2323 Roychund Singh

Umzinto, Kwa-Zulu Natal

2 21959 Zeroth Thanda Nxumalo

Esikhawini, Kwa-Zulu Natal

3 23513 Almari Janse Van Rensburg

Constantia Park, Gauteng

4 14128 Alten Wilberforce Nortje

Stellenbosch, Western Cape

5 5826 Aubrey Glenn Myburgh

Brakpan North, Gauteng

6 11339 Bafana Stephen Mthethwa

Middelburg, Mpumalanga

7 7014 Buti Lucas Masango

Dobsonville, Gauteng

8 11382 Dalino Distribution Enterprise

Lehurutse, North-West

9 16071 Damonze & Du Toit Investments Solutions CC

Bellville, Western Cape

10 4513 Daniel Modise Kolokoto

Bultfontein, Free State

11 25326 Dimakatso Margaret Bango

Spruitview, Gauteng

12 19894 Diphokos Funeral Parlour CC

Ottosdal, North-West

13 2799 Galeboe Gabriel Mmolotsane

Delareyville, North-West

14 24425 Getwise Legal Services CC

Pretoria, Gauteng

15 30736 Helen Maja Thabo

Silver Lakes, Gauteng

16 11620 Interfin CC

Benoni, Gauteng

17 22488 Into Cars CC

Pretoria, Gauteng

18 18491 Jan Mabena Ladee Financial Solutions CC

Soshanguve, Gauteng

19 20690 Khunou Johannes Legoale

Dobsonville, Gauteng

20 17611 Lawrence Insurance Brokers

WestvilleNorth,Kwazulu- Natal

21 24799 Lesiba Frank Kekana

Alberton, Gauteng

22 23551 Letana Broker Services CC

Lyttelton, Gauteng

23 21364 Lindiwe Daphney Zungu

Umlazi, Kwazulu-Natal

24 23402 Louisa Weeks

Krugersdorp, Gauteng

25 29586 Marble Gold 365 (Pty) Ltd

Durban, Kwazulu-Natal

26 3420 Marius Bezuidenhout

Pietermaritzburg, KZN

27 19177 Matlhomola Peter Moilwe

Mogwase, Nort-West

28 23037 Move On Trading CC

Ladysmith, Kwazulu-Natal

29 17804 Mqiniseli Patrick Shongwe

Thembisa, Gauteng

30 29880 Msebenzi Ephraim Sibisi

Emdeni, Gauteng

31 5053 Musa Properties CC

Durban, Kwazulu-Natal

32 4529 Nomvula Zelda Khumalo

Tsakane, Gauteng

33 5627 Ntoba Philemon Moatshe

Florida, Gauteng

34 24115 Petro Van Biljoen

Eldoraigne, Gauteng

35 15766 Petrus Johannes Lodewikus Du Preez

Wolmaransstad, North- West

36 16129 Pieter Gerhadus Vermaak Rademeyer

Adelaide, Eastern Cape

37 3297 Ryan Naidoo and Associates

Chatsworth, Kwazulu-Natal

38 13465 Sabelo Michael Mbewana

Klerksdorp, North-West

39 14299 Schalk Marais

Bloemfontein, Free State

40 20859 Selwyn Talberg

Wynberg, Westren Cape

41 22731 Shanitha Naidoo

Redhill, Kwazulu-Natal

42 20694 Sibusiso Naphtaline Mncwabe

Umlazi, Kwazulu-Natal

43 23009 Sibusiso Prosper Mncibi

Kingburgh, Kwazulu-Natal

44 10796 Simon Bongani Ndlovu

Newcastle, Kwazulu-Natal

45 18603 Simorien Afrikaner

Eersterivier, Western Cape

46 30174 Simphiwe Golden Fields Financial Services

Pretoria, Gauteng

47 13658 Sonwabo Mkiva

East London, Eastern Cape

48 30560 Thomas Kwatela Nkwinika

Giyani, Limpopo

49 15081 Ubunye Funeral Parlour CC

Kwa-Mhlanga, Kwazulu- Natal

50 32682 Venric Financial Consultant

Garsfontein, Gauteng

51 13220 Willem Meshak Van Wyk

Eldorado Park

52 30571 ZA Funeral Policies CC

53 15819 Kobus Van Niekerk Makelaars CC

54 31990 Edwabond Capital Options

55 23165 Keewave Trading 242 CC

56 18327 SMG Insurance Services (Pty) Ltd

57 3062 Johan Meyer

58 23374 Susanna Cornelia Lombard

59 17665 Octo Trading 178 CC

Daveyton, Gauteng

Hazelwood, Gauteng

Hillcrest, Kwazulu-Natal

Pretoria, Gauteng

La Lucia, Kwazulu-Natal

Port Elizabeth, Eastern Cape

Witbank, Mpumalanga

Hatfield, Gauteng

The following 11 FSPs previously reported as withdrawn, have now been reinstated:

1

2

3

4

5

6

7

8

9

10

11

2245

22199

21179

22746

24762

5391

25305

22109

5053

37326

25631

Siphiwo Ethwell Potgieter Mfeketo

Elliot Mandlenkosi Labi

Bhekani Samson Mthembu

Mawonga Ayliff Hanxa

Themba Insurance Brokers CC

Bateng Management Services (Pty) Ltd

Letlale Trading and Projects CC

Xanga Brokers

Musa Consulting Services

Phoenix Aurora Risk Solutions (Pty) Ltd

Shine The Way 735 CC

Port St. Johns, Eastern Cape

Moreleta Park, Pretoria

Esikhawini, Kwazulu-Natal

Lusikisiki, Eastern Cape

Pimville, Gauteng

Vereeniging, Gauteng

Duduza, Gauteng

King Williams Town, Eastern Cape

Durban, Kwazulu-Natal

Deneysville, Free State

Khayelitsha, Western Cape

“Anderson adds, "FSP's whose applications had been unsuccessful, withdrawn or suspended are entitled to appeal to the FSB Appeal Board, an independent tribunal, if the applicant is dissatisfied with the decision taken by the Registrar”.

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