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Fewer Civil Summonses for Debt

The number of civil summonses for debt fell more than 20% in June 2011 compared to the same month in 2010, according to Statistics South Africa (Stats SA).


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EAAB Chairman Under Fire

| News by Staff Reporter

For allegations of contravening his appointment as board member

Trade and Industry Minister Rob Davies has suspended Estate Agency Affairs Board chairman Thami Bolani after he allegedly contravened his conditions of appointment.

According to the Department of Trade and Industry the board’s chairman, Thami Bolani, contravened his conditions of appointment, which has resulted in his suspension.

The department said: “These allegations came about due to disclosures made to the department regarding an alleged conflict of interest.”

It came to light earlier this month that the Hawks were investigating a company called NCF Consulting Enterprises – a company Thami Bolani is a chairman of – and how the firm had succeeded in pocketing R200,000 from the board.

The report states that the money was received by NCF Consulting Enterprises in payment for services and adverts placed in the National Consumer Forum’s bimonthly newspaper by the estate agency board. Mr Bolani is also chairman of said newspaper.

He claims, however, that the allegations are false, and that the latest action against him is no more than a witch-hunt.

Mr Bolani says the Estate Agency Affairs Board was aware of his position as chairman of the newspaper before he was appointed chairman of the board, and that it was even encouraged by the department because of the reach it had in rural areas.

“There is somebody who is unhappy with me, and has been digging into everything about me so that they can use it,” Mr Bolani said. “I strongly believe there is another agenda here.”

This latest disciplinary action has again left the Estate Agency Affairs Board without a leader following former CEO Nomonde Mapetla’s axing earlier this year.

It said in a statement at the time that Mrs Mapetla’s termination had come as a result of “an irreconcilable breakdown in the working relationship between the parties.”

The department said Mr Davies had ordered an independent forensic investigation into the allegations against Mr Bolani.

Mr Bolani had “undertaken to co-operate fully with the investigation,” the department said.

Furthermore, the department said Mr Davies “wishes to assure the public that (the Estate Agency Affairs Board) will continue to function as usual and that the department will render all the necessary support in terms of its oversight role to ensure that operations are not affected during this period.”

Source: www.bizpremises.co.za