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South African National Credit Regulator and Magauta Mphahlele in Crosshairs

Recent activity by the National Credit Regulator, and the CEO of the creditor controlled NDMA, Magauta Mphahlele, has created a flurry of activity among South African debt counsellors who are not happy that the voluntary debt mediation project (VDMS) has been cancelled. The new process sounds very similar to a UK or Canada IVA type …

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