Consumer Tribunal fines two used car dealers and orders R1 million refund.

Loading player...
GUEST – Prudence Moilwa – Head of complaints and investigations at the National Consumer Commission.

The National Consumer Tribunal has fined two car dealers and ordered one of them to repay a consumer R1 million after hearing the cases brought by the National Consumer Commission. Secondhand cars are often a problem for consumers and this goes to show that it is not a battle you have to wage by yourself.
The consumers complained at the National Consumer Commission (NCC) about used cars they bought from Wingfield Motors and Sandton Repo Cars. After the NCC investigated their complaints and found that the dealers contravened the Consumer Protection Act (CPA) in both cases, the matters were referred to the National Consumer Tribunal (NCT).
9 Jul 2024 3PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min