Personal Finance Financial Planning

FSB maintains pressure on financial service providers

Published

The following licences were withdrawn:

- Arthur Charles Kruger trading as Sefatlhane Financial Services, Zeerust North West (FSP 14989);

- Futura Brokers CC, Vanderbijlpark, Gauteng (FSP 12445);

- Musgrave Financial Services, Berea Johannesburg, Gauteng (FSP 7320);

- Velocity Trading (Pty) Ltd, Rosebank, Johannesburg, Gauteng (FSP 14196);

- Forex Technologies, Pretoria, Gauteng (FSP 2345);

- Christopher Arumugam Pillay trading as Chris Pillay & Associates Durban, KwaZulu-Natal (FSP 9966);

- MR Dennis trading as MR Dennis & Associates; Johannesburg, Gauteng (FSP 10580);

- Chris Johan van Tonder; Big Bay, Western Cape (FSP 7895);

- Nicolaas van der Westhuizen; Parow North, Western Cape (FSP 6652);

Provisionally suspended licences

The following FSP licence has been provisionally suspended:

- Roelof Stephanus Visser; Bloemfontein, Free State (FSP 8592);

Declined applications

The details of the further applications representing declines are listed below:

- 1st Gear Trading 105 CC trading as Top Gear RV Centre, Cape Town, Western Cape (FSP 24776);

- A Liebenberg Makelaars Bpk, Rustenburg, North West (FSP 17306);

- Alicente Fifteen CC trading as Moto-Net, Kimberley, Northern Cape (FSP 23783);

- Andile Mabeta trading as Mabeta Brokers, Engcobo, Eastern Cape (FSP 20879);

- Ansbacher & Co Limited, London, United Kingdom (FSP 9771);

- Auto Pride, Gezina, Pretoria, Gauteng (FSP 22420);

- Barend Petrus Pretorius trading as B P Pretorius Makelaars, Parys, Free State (FSP 13684);

- Bhoyi Clifford Zondi, Edendale, KwaZulu-Natal (FSP 25509);

- BK Motsumi and Associates (Pty) Ltd trading as Capricorn Insurance Brokers, Pretoria, Gauteng (FSP 8969);

- Black Ginger 321 (Pty) Ltd trading as Black Ginger Investment Solution Services, Durban, KwaZulu-Natal (FSP 25041);

- Blood Stock and General Insurance Intermediaries (Pty) Ltd, Kingsburgh, KwaZulu-Natal (FSP 1005);

- Boston Super Group (Pty) Ltd trading as East Rand Chevrolet, Boksburg, Gauteng (FSP 27619);

- Bryln Financial Brokers CC, Port Shepstone, KwaZulu-Natal (FSP 13714);

- Buddingtrade 87 (Pty) Ltd trading as Continental Cars, Port Elizabeth, Eastern Cape (FSP 20413);

- Buddingtrade 1171 CC trading as LSI Brokers, Diep River, Western Cape (FSP 5300);

- Buffalo Freight Systems (Pty) Ltd, Johannesburg, Gauteng (FSP 10759);

- BVK Finansiele Dienste (Pty) Ltd, Nelspruit, Mpumalanga (FSP 11617);

- Carinda Longland, Kimberley, Northern Cape (FSP 21342);

- Chartwell Capital Group (Pty) Ltd, Melrose Estate, Gauteng (FSP 24785);

- Carl Gil de Campos trading as De Campos & Associates, Dowerglen, Gauteng (FSP 25594);

- Carty van Niekerk & Company (Pty) Ltd, Craighall, Gauteng (FSP1547);

- Coleen Rachel Blessie trading as Financial Solutions, Pietermaritzburg, KwaZulu-Natal (FSP 19375);

- Constandinos Papadopoulos trading as Multi Insurance, Pinetown, KwaZulu-Natal (FSP 25924);

- Contac 4 CC, Rondebosch, Western Cape (FSP 21206);

- Creative Alliance (Pty) Ltd, Woodmead, Gauteng (FSP 7531);

- Dada Motors Mafikeng (Pty) Ltd, Mafikeng, North West (FSP 24072);

- David Geoffrey Torry trading as Destini International, Hillcrest, KwaZulu-Natal (FSP 21809);

- Dawilza Car Sales CC trading as E Auto Afrikan, Alberton North, Gauteng (FSP 23761);

- Dewald Jacobus Viljoen, Rietvalleirand, Pretoria, Gauteng (FSP 18608);

- Dick Bothma Makelaars 2 CC trading as Dick Bothma Makelaars, Nelspruit, Mpumalanga (FSP 8097);

- Edwin Moremi Koloi trading as E M K Investments, Randfontein, Gauteng (FSP 22473);

- Entegra Consult (Pty) Ltd, Centurion, Pretoria, Gauteng (FSP 17065);

- ET Funeral Scheme CC, Thohoyandou, Polokwane, Limpopo (FSP 23646);

- Fourth Wave Investments (Pty) Ltd, Cape Town, Western Cape (FSP 25246);

- Gaultier Risk Management (Pty) Ltd, Roodepoort, Gauteng (FSP 19940);

- Gerhardus Jansen van Rensburg, Bloemfontein, Free State (FSP 20821);

- George Frederick Tree trading as Iris Funeral Directors, Barkley West, Northern Cape (FSP 21186);

- Greenboard Investments 101 (Pty) Ltd trading as Asset Finance Solution, Wembley, Pietermaritzburg, KwaZulu-Natal (FSP 25191);

- Golden Era Cars (Pty) Ltd, Gezina, Pretoria, Gauteng (FSP 24889);

- GT Harley Imports CC trading as Eazy Rider Motorcycle, Annlin, Pretoria, Gauteng (FSP 19752);

- Hans Kor Hendrik van der Boon trading as Hans Car Park, Bloemfontein, Free State (FSP 25131);

- Hanneke van Wyk trading as Ekennah, Bronkhorstspruit, Mpumalanga (FSP 7649);

- Hansi Roodt Motors (Pty) Ltd trading as Vaal Chevrolet, Vereeniging, Gauteng (FSP 20996);

- Hanssen Electronics CC trading as Inspectacar Randburg, Randburg, Gauteng (FSP 25989);

- Harold Williams, New Germany, KwaZulu-Natal (FSP 5291);

- Helvetia Trust trading as De Wet & Vennote Dienste, Koppies, Bethlehem, Free State (FSP 23586);

- Ian Fraser, Kloof, KwaZulu-Natal (FSP 19315);

- Ingwe Burial Products CC trading as Baker and Baker, New Hanover, KwaZulu-Natal (FSP 17618);

- Inspectacar Edenvale CC, Edenvale, Gauteng (FSP 26319);

- Integrity Currency Trading Trust, Elarduspark, Pretoria, Gauteng (FSP 18099);

- Isiphiwo Funeral Services CC, Durban, KwaZulu-Natal (FSP 22241);

- J and B Funeral Home CC, Balfour, Mpumalanga (FSP 10710);

- J Bluesant Financial Brokers CC, Bloemfontein, Free State (FSP 23722);

- J Heynes and Sons Undertakers (Pty) Ltd, Elsies River, Western Cape (FSP 17959);

- Joseph Saayman trading as Joppie Saayman Accountants, Empangeni, KwaZulu-Natal (FSP 11606);

- Justin Meyer trading as Pearsal Brokers, Durban, KwaZulu-Natal (FSP 19671);

- K and N Insurance and Financial Brokers CC, Southhills, Johannesburg, Gauteng (FSP 1372);

- Khanyile Modikoane Funeral Services (Pty) Ltd trading as Khanyile Modikoane Insurance Brokers, Germiston, Gauteng (FSP 9554);

- Kimberley Auto City CC, Kimberley, Northern Cape (FSP 24800);

- Kim Porter (Pty) Ltd trading as Motorport Tableview, Tableview, Western Cape (FSP 11494);

- Kwazi Simon Mkhize trading as Sobantu Properties & Investments, Durban, KwaZulu-Natal (FSP 18923);

- Louis Herma trading as Louis Herman Finansiele Dienste, Villeria, Pretoria, Gauteng (FSP 25105);

- Lulo Funeral Parlour, Mthatha, Eastern Cape (FSP 11525);

- JJ van der Westhuizen trading as JJ Makelaars, Edenvale, Gauteng (FSP 5226);

- Josman & Seidel Nominees (Pty) Ltd, Century City, Western Cape (FSP 23134);

- Kagiso Trust Enterprises (Pty) Ltd, Illovo, Gauteng (FSP 17011);

- Kenneth Sutcliffe and Associates CC, Westville, KwaZulu-Natal (FSP 9891);

- L and L Motors (Pty) Ltd, Parow, Western Cape (FSP 10190);

- Maas Employee Benefits, Randburg, Gauteng (FSP 10090);

- Mashishis Burial and Funeral Parlour CC, Centurion, Pretoria, Gauteng (FSP 8705);

- Megasure Professional & Commercial Risk Management (Pty) Ltd, Roodepoort, Gauteng (FSP 18728);

- Midcity Motors CC, Pretoria North, Gauteng (FSP 10514);

- Mnandi Insurance Brokers, Johannesburg, Gauteng (FSP 22216);

- Momento Brokers CC, Klerksdorp, Potchefstroom, North West (FSP 5841);

- Monyela Business Solutions CC trading as MBS Financial Services, Johannesburg, Gauteng (FSP 21259);

- Motlatsi Alexis Thamae trading as Rasta Funeral Services, Soweto, Gauteng (FSP 9151);

- Mpati Funerals trading as Mpati Funerals, Gankwana, Polokwane, Limpopo (FSP 8697);

- Mumsy Desiree Masuku, Kwa-Mashu, KwaZulu-Natal (FSP 23406);

- Muruvan Motors CC trading as Main Central Motors, Rosettenville, Gauteng (FSP 24052);

- Mutual Alliance Funerals CC, Germiston, Gauteng (FSP 25656);

- Nealeshwar Baduloo Garrib trading as Libfin, Durban, KwaZulu-Natal (FSP 6322);

- Neeco Business Solutions (Pty) Ltd, Lynnwood, Pretoria, Gauteng (FSP 20874);

- Neil Acton Baskerville, Noordhoek, Western Cape (FSP 25277);

- Nicola Eve Hughes, Claremont, Western Cape (FSP 20966);

- Nicolas Leon Johannes Isaacs trading as Isaacs Funeral Assistance, Kimberley, Northern Cape (FSP 21556);

- Nodada Insurance Brokers (Pty) Ltd, Mthatha, Eastern Cape (FSP 22036);

- Olios Financial Services CC trading as Olios CC, Roodepoort, Gauteng (FSP 17599);

- Oricle Investment Services CC, Roodepoort, Gauteng (FSP 5058);

- Paloxin Investments Limited, Laudium, Pretoria, Gauteng (FSP 2726);

- Park Cairn Insurance Brokers (Pty) Ltd, Randburg, Gauteng (FSP 25503);

- Pegasus Underwriting Managers (Pty) Ltd, Pretoria, Gauteng (FSP 24783);

- Pieter Nel Brokers CC, Irenepark, North West (FSP 13135);

- Priscilla Ntombenhle Zikhali, PO Umlazi, KwaZulu-Natal (FSP 23405);

- Probatus Support Management (Pty) Ltd, Menlyn, Pretoria, Gauteng (FSP 150);

- Pronto Clearing CC, Milnerton Ridge, Western Cape (FSP 23378);

- Pumeshni Govender & Associates CC, Umhlanga Rocks, KwaZulu-Natal (FSP 24888);

- Raymond Ian Barras, Johannesburg, Gauteng (FSP 26095);

- Rosmead Avenue Vehicle Sales (Pty) Ltd trading as Claremont Renault, Claremont, Western Cape (FSP 23775);

- Rozanna and Domingos Manuel De Lima Nunes trading as R and F Investments, La Rochelle, Gauteng (FSP 26124);

- RSD Wealth (Pty) Ltd, Newcastle, KwaZulu-Natal (FSP 17694);

- Rusplaas Motor Garage (Jhb) CC trading as Rusplaas Garage, Lydenburg, Mpumalanga (FSP 10680);

- Saber Car Wholesalers (Pty) Ltd, Selby Ext 19, Johannesburg, Gauteng (FSP 23771);

- Samirco Brokers CC trading as Rajoo Kara Insurance Brokers, Durban, KwaZulu-Natal (FSP 19320);

- Siphiwe Japhta Sithole trading as Mondise Financial Solutions, East Court, KwaZulu-Natal (FSP 25984);

- Solly's Motors Middelburg (Pty) Ltd trading as Solly's Delta, Middelburg, Mpumalanga (FSP 24884);

- Sterling FX Trading International (Pty) Ltd trading as Sterling FX, Henley-on-Klip, Meyerton, Gauteng (FSP 18805);

- Take Note trading as Eastcape Insurance Consultant, Nelson Mandela Bay, Eastern Cape (FSP 12532);

- Terries Properties CC, Nelspruit, Mpumalanga (FSP 21674);

- The Courier and Freight Group (Pty) Ltd trading as XPS, Durban, KwaZulu-Natal (FSP 20277);

- The Wealth Bureau (Pty) Ltd, Sandton, Pretoria, Gauteng (FSP 22874);

- Thembi Laiza Machaba trading as TLM Brokers, Krugersdorp, Gauteng (FSP 23024);

- Thomas Laurence van der Merwe trading as Diamond Motor Wholesalers (FSP 11346);

- Umbono Treasury Services (Pty) Ltd, Parktown, Gauteng (FSP 24176);

- Unit 2 Ambleside CC trading as J and J Financial Services, Mount Edgecombe, KwaZulu-Natal (FSP 6740);

- Vincent Thulani Lungisani Mdluli, Ezakheni, KwaZulu-Natal (FSP 23396);

- Vosmar Motors Roodepoort (Pty) Ltd trading as Inspecta Car, Bruma, Gauteng (FSP 21012);

- Walter Fisher trading as Oceanos Funeral Administrators, Roodepoort, Gauteng (FSP 20862);

- William George Vernon trading as Bill Vernon Brokers, Middelburg, Mpumalanga (FSP 7759);

- Winston Linford Motors CC, Oudtshoorn, Eastern Cape (FSP 7630);

- Zambesi Woonwaens CC, Montana, Pretoria, Gauteng (FSP 27627);

- Zenzele Funeral Home CC, Witbank, Mpumalanga (FSP 18933);

Decisions reversed

Five applications that had previously been declined have been reversed, namely:

- Basil Zukile Joka trading as Joka, Johannesburg, Gauteng (FSP 11678);

- Bastiaan Jacobus Vermooten trading as Bastiaan Vermooten Financial Consultants, Centurion (FSP 3636);

- Executive Advisory Services (Pty) Ltd, Randburg, Gauteng (FSP 16843);

- Lynoks Business Enterprise CC, Moreleta Park, Pretoria (FSP 22027);

- Praesidium Financial Services (Pty) Ltd, Berea, Durban, KZN (FSP 16973).