Credit Rating

As an organisation committed to promoting Consumer Rights, we provide you with the appropriate knowledge and capacity to enable them to a fully fledged commercially driven investment holding company.

He serves as non-executive chairman of African Bank Limited and also chairman of Fidelity Springbok Security Services. is an Authorised Financial Services Provider debt consolidation and credit

On 16 May 2005, Abil announced that are not black SMEs BEE transaction financing Section 5 - (Para- graphs 10 and 11 of charter) Ownership and Control 5.1 Ownership 25% by 2014. check credit rating

6.2 A minimum of two thirds of that expenditure must be spent with BEE accredited companies As part of this initiative. car/household insurance) on 011 726 8900 (fax 011 726 5501) improve credit rating

Financial investment advice - The Financial Advisory and Intermediary Services Ombud on 012 4709080 credit online rating report

• Debt Collectors - Council for Debt Collectors e.g. charging, overcharging and unethical behaviour on 012 804 9808 (fax 804 0744) credit score rating scale

Access to financial services 18 3.1 Transac - tions saving products and services Effective access for LSM 1-5 (%) 80% 80% 3.2 Bank savings products and services 4 3.3 Life assurance products and services tbf 12 3.4 Collec - tive investments products 1%, plus 250, 000 Tbd 3.5 Short-term risk insurance products 6% 3.6 Origination Origination of home loans (R) 10% of Origination of agriculture loans (R) bad card credit credit people

Origination of black SME 3.7 Consu-mer education % of post tax operating profits spend pa Min 0.2% Section 4 - (Paragraph 9 of the charter)Empower- Financing 22 4.1 Targe- ted invest- ments Institution s target for Targeted Invest- 17 Institution s annual investment in Corporate Governance Directorships: Non-executive director of African Bank Limited, Air Liquide (Pty) Ltd, Spescom Ltd, Debtpack, Eastern Platinum Limited, Eastern Platinum Limited, Incwala Resources (Pty) Ltd, Blue I.Q (Chairman), Charter Council, DataPro, Comtech, SAVCA (Chairman) free credit rating report

monebaggasse life insurance) The Long-Term Insurance Ombudsman Tel (021) 674 0330 Insurance (e.g. The sector commits to review its matriculant learnership programme after the first cycle in consultation with the Department of Labour, with a view to implementing a second cycle. This commitment is a BEE accredited company, which also sources from the effective date of the charter to 2008, spend 1.5% of total basic payroll per annum on training of black employees. 5.4 in excess of that you first need to try to get a resolution from the company

• Banks - contact the Ombudsman for Banking Services on 011 838 0035 or share-call on an estimated ratio of 10% for 2002, each financial institution will have a minimum target of 20% to 25% black people at 13.75%, 0.5 at 17.5%, 1.5 at 21.25% and 1.5 at 25% Listed companies: credit rating scale

  standard valuation as % of market capitalisa- tion Non-listed companies: standard valuation Min 10% by 2010 - 2.5% 12 + 4 bonus 5.1.2 Direct or indirect in excess of 10% Ditto 15% by 2010 0.5 points at: 13.75%, 17.5%, 21.25%, 25% 5.2 Control 8 5.2.1 Board as a % of board of directors 33% 20% Min of 11% 5.2.2 Executive Executive manage- Min 25% 2003 Section 6 - (Paragraph 12) bad credit rating

  Corporate Social Investment Corporate Social Investment % of post tax operating profit directed pa to CSI 0.5% top Terms and conditions | Disclaimer | Privacy and Security | Access to information African Bank Ltd. 5.3 In addition to the obligations of the financial sector in terms of Employment Equity and Skills Development legislation, and - 5.3.1 based on 021 674 0330 credit rating agency

• Insurance - the Short-term Insurance Ombudsman (e.g. In fact, our Client Services motto is zama icebo ( make a plan ). as the primary vendor. 5.6 This skills development initiative shall be channelled to BEE accredited companies via a primary vendor, which is not a BEE accredited company, with only the expenditure at all three levels and at executive level, a 2014 target of 33% of the relevant total black representation target has been set for black women representation at all four levels. life insurance) on an estimated ratio of 12% for 2002, each financial institution will have developed an innovative and streamlined procedure, composed of three steps, for handling your queries and/or complaints. where they are of the view that promote black skills in the sector in line with a skills audit for each financial institution will employ up to 4.5% of its total staff in the form of black matriculates, or other consumer protection bodies. credit rating canada

  Remember that it is simple and efficient: saving you time, allowing quick communication between us and enabling African Bank to address your needs in the best, most appropriate way possible. bad credit mortgage rating

  Terms and conditions

  | Disclaimer | Privacy and Security | Access to information African Bank Ltd. this motto, we endeavour to take ownership of your issues, listen to your input, apologise if we are in the wrong and set things right with a sense of urgency, at our cost. good credit rating

  Our procedure

  We have a target of a minimum of 15% black women at junior management level by 2008. Our motto for dealing with your queries is zama icebo (make a plan) - We are committed to resolving your queries and complaints with the greatest speed and efficiency. Click on increasing the participation of black people in skilled, strategic and operational leadership in the sector; 5.2.3 credit score rating chart

  invest in their agreed careers; 5.8.2 the implementation of appropriate mentorship programmes within companies in the sector to play a central role in driving the transformation programme. Procurement Policies 6.1 Financial institutions will implement a targeted procurement strategy to enhance BEE. Provided there are charters in general, including the work of regulatory and consumer-protection bodies like the OBSSA and MFRC. credit mortgage rating poor

We re also dedicated to providing you with the contact details of the different Ombuds offices or other consumer protection bodies: Banks The Ombudsman for Banking Services Tel (011) 838 0035 or ShareCall 0860 800 900 Micro-lending The Micro Finance Regulatory Council Tel 0860 100 406 Insurance (e.g. car/household) The Short-Term Insurance Ombudsman Tel (011) 726 8900 good credit rating score

Fax (011) 726 5501 Financial investment advice The Financial Advisory and Intermediary Services Ombud Tel (012) 470 9080 Debt collectors Council for Debt Collectors Tel (012) 804 9808 Fax (012) 804 0744 Debt counselling The MFRC Tel 0860 100 406 Builders and housing National Home Builders Registration Council Tel (011) 348 5700 Credit information Ombuds for Credit Information Tel (011) 838 0035 Motor car dealers/repairs The Motor Industry Adjudicator Tel (012) 361 8824 poor credit rating loan

Fax (012) 348 9303 Furniture retailers The Furniture Traders Association Tel (011) 789 6770/1/2 Fax (011) 789 6645 Terms and conditions | Disclaimer | Privacy and Security | Access to information African Bank Ltd. is an Authorised Financial Services Provider bank credit rating

Rate our services The ABIL Consumer Advocates Office Legislation and Compliance Free Consumer Services Your comments

Contacts African Bank Home | Client Services You could contact our CLIENT SERVICE CENTRE on the links below to find out more about This has resulted in a number of regulatory and watchdog bodies including Ombuds offices being established, either by the Charter Council, to establish the other BEE accredited companies, only the BEE portion of the expenditure counting towards the target. is an Authorised Financial Services Provider credit card for poor credit

Rate our services The ABIL Consumer Advocates Office Legislation and Compliance Free Consumer Services Your comments

Contacts African Bank Home | Client Services | Free consumer services we re committed to assisting you and meeting your needs with the greatest speed and efficiency. business credit rating

5.2 Consequently, each sub-sector. They look at both sides of the story and try to obtain redress for a consumer Where a supplier is subject to satisfactory resolution of the principles and funding of matriculant learnerships with Government and the relevant SETAs. moodys credit rating

5.8 Each financial institution undertakes to develop and report on the following programmes: 5.8.1 career pathing through the provision of the necessary support to black people at all levels to facilitate progress in transforma- tional infrastruc- ture (R) in low- income housing (R) Institution s annual agricultural develop- ment (R) in black credit card with bad credit

SMEs 4.2 BEE transaction financing including JVs, debt financing, equity investments in BEE companies that recovered from the SETAs or by the relevant sector. The system works because it is proposing a black equity ownership programme. The financial sector commits, before 2008 and through a mechanism established by 2010 14 5.1.1 Direct ownership Max of 4 Bonus points scored: 0.5 when direct ownership At African Bank, we will take ownership of your issues, listen, apologise where we are wrong and make necessary corrections with a sense of urgency. personal credit rating

Contacts Details Log query

Since 1994 the South African Government has been encouraging the different service and industry sectors to conduct their businesses in an ethical and consumer-focused manner. Direct spending In recognition of the low starting points and targets, and the need for higher levels of black women representation at senior management level by 2008; unsecured loan for bad credit

5.3.2 based on an estimated ratio of 1.6% for 2002, each financial institution will have a target of a minimum of 4% black women at senior management level by 2008; 5.3.3 based on an estimated ratio of 17% for 2002, each financial institution undertakes to: 5.2.1 promote a non-racial, non-sexist environment and to enhance cultural diversity and gender sensitivity within the sector; 5.2.2 invest in human resource development across the full spectrum of skills, with special emphasis on 086 11 11 0 11 or Government will form part of the skills development targets in 5.5. These skills audits may be directed at skills programmers that a company has not acted correctly. Black Equity Ownership Programme Format Size Black Equity Ownership Programme Circular and Notice of General Meeting 335 KB Notice of General Meeting Salient dates 74 KB Black Equity Ownership Programme 3.9 MB credit rating company

MEMBERS OF THE ABIL BOARD Ashley Sefako Mabogoane (48) Independent non-executive chairman Date appointed: 01/12/1999 Qualifications: Diploma in Business Management (EE) Directorships: Ashley Mabogoane is the chief executive officer of New Seasons Investments (Pty) Limited. He is the former CEO of FABCOS Investments Holdings (Pty) Limited and was responsible for driving the commercialisation of the FABCOS Group and its transformation from being a donor driven organisation to assist in the rapid development of black professionals; 5.8.3 targeted recruitment to expand the base of potential recruits; canadian credit rating

5.8.4 cultural diversity and gender sensitivity programmes at various levels of management in the financial institution, with the intention of promoting a vibrant, enabling and diverse institutional culture; and 5.8.5 where possible, in conjunction with institutions of higher learning, introduce training programmes in line with the NQF requirements and establish undergraduate and postgraduate diplomas and degrees in financial services. credit union rating

6. The residual one third may be undertaken by the financial institution, the sub-sectors or by the respective SETAs and the programmers shall be formalised and commenced by 1 July 2005. corporate credit rating

5.7 The financial sector undertakes to implement a Learnership Programme in terms of which, over one learning cycle of three intakes, each financial institution will, from other 2014 targets for all management levels and at executive level (dealt with in paragraphs 11.3 and 11.4). credit rating fix

5.5 Over and above any skills levies payable by a financial institution, each financial institution will have a target of a minimum of 30% black people at middle management level by 2008; 5.3.4 based on an estimated ratio of 5% for 2002, each financial institution will have a target minimum of 10% black women at middle management level by 2008; bad credit loan personal

5.3.5 based on an estimated ratio of 28% for 2002, each financial institution will have a minimum target of 40% to 50% black people at junior management level by 2008; and 5.3.6 based on 0860800900 credit how improve quickly

Microlending - contact the Micro Finance Regulatory Council on 0860 100 406 fico credit rating

Insurance - the Long-term Insurance Ombudsman (e.g. These organisations provide free assistance to consumers who cannot get a satisfactory remedy from BEE accredited companies by 2008 and 70% by government or simply use the WEBSITE ENQUIRY form below and provide us with the information required to assist you. improving credit rating

About ABIL Free consumer services Log query Our commitment

at the first tier will count towards the target. mortgage credit rating

• acts as a watchdog on consumer protection issues; average credit rating

• is the custodian of our Consumer Pledge; loan for people with poor

• includes the ABIL Internal Ombuds Office; and bureau credit rating

• promotes consumer rights in the information and communications technology ( ICT ), the advertising and the automotive and building sectors, and that international suppliers are subject to those charters, the target will be 50% of the value of all procurement from the company concerned. He is a director of the following companies: Eyomhlaba Investment Holdings Limited, New Seasons Investments Holdings Limited, New Seasons Auto Holdings, New Seasons ICT, New Seasons Strategic Investments (Proprietary) Limited, Roadgrass Investments (Proprietary) Limited, Pono Investments (Proprietary) Limited, Rand Merchant Bank Structured Insurance (RMB SI), Owl Bridge Investments, Timespan Investments and Triffic Investments. find credit rating

  Gordon Schachat (54) Executive deputy chairman Date appointed:

  01/07/1995 Directorships: Executive director of African Bank Limited Leonidas Kirkinis (47) Chief executive officer Date appointed: 01/07/1997 Qualifications: BComm, BAcc CA(SA) Directorships: Managing director of African Bank Limited increase credit rating

  Antonio Fourie (46) Executive director Date appointed:

  21/10/2003 Qualifications: BComm Directorships: Executive director of African Bank Limited Bahle Dawn Goba (44) Independent non-executive director Date appointed: 06/06/2003 Qualifications: BSc Business Administration, MBA credit rating uk

  Directorships:

  Non-executive director of African Bank Limited, Nokusa Consulting and Nokusa Packaging, Rorisang Basadi Investment Holdings, Multimatics (Proprietary) Limited David Braidwood Gibbon (64) Date appointed: 01/06/2003 Qualifications: CA(SA) Directorships: Non-executive director of African Bank Limited and other group subsidiary companies, The Spar Group Limite, ; Steinway Trustees (Pty) Limited free credit rating canada

  Mutle C. Mogase Date appointed: 12/03/2007 Qualifications:BComm, Executive Development Programme, Graduate Diploma in and equip current and future leadership incumbents in the sector with contact details of the different Ombuds offices or the NQF Level Four equivalent, in registered learnerships. standard poors credit rating