Credit act likely to stir up litigation
March 29, 2007, 9:49 am
Filed under: Local News
Filed under: Local News
By Tom Robbins
Cape Town – JD Group expected a slew of litigation before credit provision precedents were established under the National Credit Act, the furniture retailer said yesterday. The act, which kicks in on June 1, aims to give consumers at the bottom end of the market greater access to credit, while trying to offer them greater protection from reckless lending. (more…)
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Bourse shrugs off Monday’s blues and bucks weaker global equity markets
March 29, 2007, 9:48 am
Filed under: Local News
Filed under: Local News
Investors continued to speculate that Woolworths could become the next target in a rash of private equity buyouts of retail firms. It added 1.43 percent to R21.30.
Reuters

