Financial Services Board (FSB) Deputy Executive Officer for Market Conduct and Consumer Education, Gerry Anderson stated that the FSB has finalised the processing of 19 905 (Previously 19 839) applications for authorisation as financial services providers to date. In total, 1 845 of these applications have been declined (previously 1 830).
The following 2 applications previously reported as declined, have now been reinstated:
FSP No. |
Name |
|||
36573 |
WSD Financial Advisory Services SA (Pty) Ltd t/a WSD |
Johannesburg |
Gauteng |
|
39874 |
Musa KA Methula Brokers cc |
Springs |
Gauteng |
The details of the additional 17 applications that have now been declined are as follows:
FSP No. |
Name |
|||
1 |
34270 |
The Roost & Off Road Specialist cc |
Springs |
Gauteng |
2 |
38729 |
Protea Funeral Services cc |
Phoenix |
KwaZulu-Natal |
3 |
39202 |
Kenalemodisa Funerals t/a Tsitsi Funerals |
Ledig |
North West |
4 |
39909 |
Reikaeletse Funeral and Insurance Services cc |
Warrenton |
Northern Cape |
5 |
40404 |
ASAP Messengers cc t/a ASAP Risk Services |
Port Elizabeth |
Eastern Cape |
6 |
40465 |
Elizabeth Louisa Oberholster t/a Louise Oberholster Financial Services |
Upington |
Northern Cape |
7 |
40611 |
Mzwakazi General Dealer cc t/a Burial Solutions |
Johannesburg |
Gauteng |
8 |
40728 |
Platinum Arch Investments 74 (Pty) Ltd |
Bellville |
Cape Town |
9 |
40999 |
Steven David Meltzer t/a Insurance Consulting Associates |
Johannesburg |
|
10 |
41054 |
Blue Dot Funeral Home cc |
Itsoseng |
Mabopane |
11 |
41160 |
EL AL Funeral Services cc |
Hermanus |
Western Cape |
12 |
41163 |
Lydia Nel t/a Kheto-EA-KA Funerals |
Warrenton |
Northern Cape |
13 |
41193 |
Springs Forest Trading 615 cc t/a Khatija Asmall Brokers |
Westville |
KwaZulu-Natal |
14 |
41303 |
Quanta Capital Management cc |
Sandton |
Gauteng |
15 |
41308 |
Jabulani Justin Ntombela t/a JMI Brokers |
Cato Manor |
Durban |
16 |
41415 |
La-Tinash General Suppliers cc t/a Impilo Health Service |
Mthatha |
Eastern Cape |
17 |
41419 |
J5 Insurance Consultants cc |
Roodeplaat Dam |
Pretoria |
The authorisation of the following 6 FSPs have been suspended during the reporting period:
FSP No. |
Name |
|||
1 |
8199 |
Ashraf Alli Abdul Wajar t/a Ashraf Wajar Insurance Brokers |
Pretoria |
Gauteng |
2 |
8683 |
Maeteko Funeral Services cc |
Giyani East |
Limpopo |
3 |
18866 |
Zalani Investment cc |
Northcliff |
Johannesburg |
4 |
22048 |
Cornelius Willem Kleynhans t/a Phoenix Makelaars |
Hatfield |
Pretoria |
5 |
27322 |
Hemisphere Risk Solutions (Pty) Ltd |
Benoni |
Gauteng |
6 |
35980 |
Stips Marketing (Pty) Ltd t/a Dynamic Direct Marketing |
Midrand |
The authorisation of the following 28 FSPs previously reported as suspended, have now been lifted:
FSP No. |
Name |
|||
1 |
3513 |
Alchemy Insurance Management (Pty) Ltd |
Randhart |
Alberton |
2 |
3847 |
SANMAF (Suid Afrikaanse Nasionale Makelaars Firma) t/a SANMAF |
Upington |
Northern Cape |
3 |
5021 |
Johan Van Den Heever Makelaars BK |
Riebeeckstad |
Free State |
4 |
6096 |
Madimetja Rufus Ramotebele |
Benoni |
|
5 |
8212 |
Ulrich William Jonker t/a Supreem Versekeringsmakelaars |
Upington |
|
6 |
8985 |
Daniel Jacobus Thiart t/a Danie Thiart Makelaars |
Malmesbury |
Western Cape |
7 |
12764 |
Theo Fourie t/a Theo Fourie |
Goodwood |
Western Cape |
8 |
14456 |
Norath t/a CSH Financial Advisors & Brokers |
Durban |
KwaZulu-Natal |
9 |
16297 |
Theunis Jacobus Van Heerden Lochner t/a Lochner and Associates |
Halfway House |
Midrand |
10 |
16365 |
Prime Fund Managers cc |
Polokwane |
Limpopo |
11 |
17719 |
Lehlohonolo Elias Motaung t/a Lehlohonolo Brokers |
Roodepoort |
Gauteng |
12 |
18984 |
Jacobus Koopman t/a Sukses Makelaars |
Worcester |
Western Cape |
13 |
19542 |
Meritorious Solutions cc |
Middelburg |
Mpumalanga |
14 |
21884 |
Lesejana David Mekgoe |
Atteridgeville |
Gauteng |
15 |
22171 |
Nthe Ishmael Marumo t/a Tswelopele Consultants |
PHUTHADITJHABA |
Free State |
16 |
24680 |
Mcubed Asset Solutions (Proprietary) Limited |
Bedfordview |
Gauteng |
17 |
25291 |
Beehive Call Centre cc t/a Beehive |
Johannesburg |
Gauteng |
18 |
26422 |
Rocks Funeral Services cc |
Dewetsdorp |
Free State |
19 |
27393 |
Khuselwa Olga Malamlela t/a Kom Financial Services |
Libode |
Eastern Cape |
20 |
27728 |
Impilo Facility Management (Pty) Ltd |
Houghton |
Johannesburg |
21 |
27828 |
Berend Neervoort t/a PFC Brokers |
Benoni |
Gauteng |
22 |
31134 |
Ugqoko Trading cc t/a Ugqoko Financial Brokers |
Umlazi |
|
23 |
31428 |
Carmen Linette Visagie t/a Carmen Visagie Brokers |
Port Elizabeth |
|
24 |
31748 |
Machupe Brokers cc |
Rosslyn |
Akasia |
25 |
33985 |
Mkhuseli Luthuli t/a Luthuli & Sons Financial Providers |
Khayalitsha |
|
26 |
34238 |
D & J Risk Specialists cc |
Morningside Manor |
Sandton |
27 |
35090 |
Assah cc t/a Pipas Marketing Consultants |
Braamfontein |
Johannesburg |
28 |
35139 |
Advent Funeral Suppliers cc |
Mdantsane |
Eastern Cape |
The authorisations of the following 6 FSPs have been withdrawn during the reporting period:
FSP No. |
Name |
|||
1 |
10062 |
Robert Gooderson t/a Rob Gooderson Insurance Consultants |
Fourways |
Sandton |
2 |
12643 |
FCS Koekemoer & F Holtzhausen t/a 4D Wealth |
Erasmusrand |
Pretoria |
3 |
13258 |
Solomon Marais Zietsman |
Hekpoort |
North West |
4 |
22888 |
Anthus Services 40 (Pty) Ltd t/a MD Financial Services |
Randburg |
Gauteng |
5 |
32508 |
Hermanus Johannes Lotz t/a Herman Lotz Brokers |
Riversdale |
Western Cape |
6 |
38060 |
Magajana Financial Services cc |
Pretoria |
Gauteng |
The authorisations of the following 7 FSPs previously reported as having been withdrawn have been reinstated:
FSP No. |
Name |
|||
1 |
5627 |
Ntoba Philemon Moatshe t/a N P M Insurance Brokers |
Florida |
Roodepoort |
2 |
20859 |
Selwyn Talberg t/a Talberg & Associates |
Wynberg |
Cape Town |
3 |
20859 |
Selwyn Talberg t/a Talberg & Associates |
Wynberg |
Cape Town |
4 |
21944 |
Bayport Financial Services (Pty) Ltd |
Rivonia |
Sandton |
5 |
22619 |
Theresa Madelene Elaine Coutts t/a Lumeyr Brokers |
Hartswater |
Northern Cape |
6 |
30871 |
Jabulani Douglas Khanyasa t/a Khanyasa Insurance Brokers |
Amanzimtoti |
KwaZulu-Natal |
7 |
32689 |
Time Horizon Life Marketing Services (Pty) Ltd |
Cape Town |
Western Cape |
The authorisation of the following FSP has been provisionally withdrawn :
FSP No. |
Name |
|||
1 |
40630 |
Von Axel (SA) Insurance Brokers cc |
Boksburg |
Gauteng |
“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”.