Magnificent Mndebele
Media and journalism Lecturer @go2uj @edu_vos. Marker @Unisa. Former Investigator for @amaBhungane & now Media and comms manager @Macua_Sa
Articles
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Jul 5, 2024 |
amabhungane.org | Buyeleni Sibanyoni |Dewald van Rensburg |Magnificent Mndebele
A widespread past practice of procuring unlawful emolument attachment orders (EAO’s – better known as garnishee orders) to recover debts directly from defaulting debtors’ salaries may soon result in significant restitution claims against major microlenders. A garnishee is a third party (such as an employer) who is instructed, by way of a legal notice known as a ‘garnishee order’, to surrender money in order to settle a debt.
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Jul 4, 2024 |
news24.com | Buyeleni Sibanyoni |Dewald van Rensburg |Magnificent Mndebele
Microlending industry faces potential avalanche of recision cases for infamous garnishee abuses in the past. Accompanying restitution claims could cost the industry hundreds of millions, with both major and obscure lenders in the crosshairs. A pending case against Capitec may determine whether the campaign takes off or is stillborn. For more financial news, go to the News24 Business front page.
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Jul 4, 2024 |
dailymaverick.co.za | Buyeleni Sibanyoni |Dewald van Rensburg |Magnificent Mndebele
AMABHUNGANE A movement to claim potentially hundreds of millions of rands from the microlending industry may soon reach an inflection point as Capitec Bank defends a restitution claim from the victim of an allegedly fraudulent garnishee order. A widespread past practice of procuring unlawful emolument attachment orders (EAOs – better known as garnishee orders) to recover debts directly from defaulting debtors’ salaries may soon result in significant restitution claims against major microlenders.
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Jun 29, 2023 |
swazilandnews.co.za | Magnificent Mndebele
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Mar 31, 2023 |
foodformzansi.co.za | Magnificent Mndebele
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