• 59: XB National Care Society
  • Report 59 Business Practices Committee
  • 1. Introduction
  • 2. The complaint
  • 3. Preliminary investigation
  • 4. The investigation
  • 5. Conclusion and recommendation
  • Notice 2010 of 1998
• 61: Goldex CC
  • Report 61 Business Practices Committee
  • 1. Introduction
  • 2. The complaint
  • 3. Franchising
  • 4. Events leading to the investigation
  • 5. Conclusion
  • 6. Recommendations
  • Notice 2014 of 1998
• 65: Serengeti Group
  • Report 65 Business Practices Committee
  • 1. Introduction
  • 2. The Advertisement
  • 3. The Enquiry in 1996
  • 4. The Enquiry in 1998
  • 5. Application for the Voluntary Liquidation of Serengeti
  • 6. Invitation to Roberts to address the Committee
  • 7. Notice of the Section 8(1)(a) Investigation
  • 8. Conclusion and Recommendations
  • Notice 817 of 1999
• 66: Omega Trust
  • Report 66 Business Practices Committee
  • 1. Introduction
  • 2. Omega Trust and Omega Power Marketing
  • 3. Various discussions with and over Omega
  • 4. The Omega scheme
  • 5. The purported benefits of joining Omega
  • 6. Conclusion
  • 7. Recommendation
  • Notice 1156 of 1999
• 67: Zen-Corp International
  • Report 67 Business Practices Committee
  • 1. The Advertisement
  • 2. The Harmful Business Practices Act, 71 of 1988
  • 3. The Committee's Consumer Code For Debt Recovery Agents
  • 4. Communication Between the Committee and Zen-Corp
  • 5. The Summons
  • 6. Notice of the Section 8(1)(8) Investigation
  • 7. Conclusion and Recommendations
  • Notice 163 of 1999
• 68: Gauteng Corporate Investments
  • Report 68 Business Practices Committee
  • 1. Introduction
  • 2. Documents received by the Business Practices Committee
  • 3. The Share Price
  • 4. The Meeting with Burger, Fennie, Sadie and Van Wyk on 8 May 1998
  • 5. The Meeting with the Committee on 28 May 1998
  • 6. Subsequent Events
  • 7. Discussions with Botha and de Beer on 21 September 1998
  • 8. GCl's Response to the Meeting of 21 September 1998
  • 9. The Report of the Auditor
  • 10. The Meeting of 8 October 1998 with the Auditor
  • 11. Events after 8 October 1998
  • 12. The GCI Books of Account
  • 13. Shares Resold between April 1998 and July 1998
  • 14. A Further Section 8(1)(a) Notice
  • 15. Conclusion
  • 16. Recommendation
  • Notice 1144 of 1999
• 69: Inner Circle
  • Report 69 Business Practices Committee
  • 1. Introduction
  • 2. Controlled chain letters
  • 3. Government Notice 2724 dated 13 November 1998
  • 4. The Inner Circle Organisation, Inner Circle SA and Charles Frederick Venter
  • 5. The meeting with the Committee on 15 December 1998
  • 6. Notice of the section 8(1)(a) investigation
  • 7. The meeting with the Committee on 14 January 1999
  • 8. The letter from Venter dated 18 January 1999
  • 9. The meeting with the Committee on 11 February 1999
  • 10. Conclusion
  • 11. Recommendation
  • Notice 1148 of 1999
• 70: Fitness Industry
  • Report 70 Business Practices Committee
  • 1. Introduction
  • 2. The Investigation
  • 3. Conclusion
  • 4. Recommendation
  • Notice 1816 of 2000
• 71: Leisure Club
  • Report 71 Business Practices Committee
  • 1. Introduction
  • 2. Timeshare Rights Pooling Systems and Points Rights
  • 3. The Management Association
  • 4. The Complaint Received
  • 5. The Investigation
  • 6. The Committee's Code of Conduct for the Time-Sharing Industry
  • 7. Conclusion and Recommendation
  • Notice 1137 of 1999
• 73: Realiteitsrisiko Bestuurdienste
  • Report 73 Business Practices Committee
  • 1. The Complaints
  • 2. The Meeting With VdDussen on 30 September 1998
  • 3. The Meeting with Coetzee on 5 October 1998
  • 4. VdDussen's Meeting with the Committee on 8 October 1998
  • 5. The Proposals of the Committee and VdDussen
  • 6. The Committee's Letter to the Attorney of VdDussen
  • 7. The Section 8(1)(a) Notice
  • 8. The Meeting on 10 February 1999
  • 9. The 15Feb99 Documents
  • 10. The Meeting on 22 February 1999
  • 11. The 23Feb99 Documents
  • 12. The Meeting between VdDussen and Investors on 23 January 1999
  • 13. Omnisure - Some Aspects
  • 14. Meetings with some Investors
  • 15. Conclusion
  • 16. Recommendation
  • Notice 1150 Of 1999
• 74: Simply Bellisimo
  • Report 74 Business Practices Committee
  • 1. Introduction
  • 2. The business opportunity
  • 3. The complaints received
  • 4. The investigation
  • 5. Conclusion
  • 6. Recommendations
  • Notice 1139 of 1999
• 75: Alpha Club
  • Report 75 Business Practices Committee
  • 1. Introduction
  • 2. Alpha Club Introduced To Ex-Newport Members
  • 3. The Investigation into Money Revolving Schemes
  • 4. The Committee's Letter Dated 3 December 1997 To MFS and the Response Of MFS
  • 5. The Commission Structure
  • 6. Other Complaints Received by the Committee
  • 7. Several Meetings about the Availability of Accommodation
  • 8. Letter dated 17 July 1998 from the Committee to Sealey
  • 9. The Meeting with the Committee on 28 July 1998
  • 10. The Letter of the Committee Dated 14 August 1998 to Sealey
  • 11. Further Events
  • 12. The Section 8(i)(a) Notice
  • 13. Conclusion
  • 14. Recommendation
  • Notice 1146 of 1999
• 76: Pyramid Schemes
  • Report 76 Business Practices Committee
  • 1. Introduction
  • 2. The Business Practices Committee
  • 3. The decision to undertake this investigation
  • 4. Investigations into specific schemes
  • 5. Notice of the section 8(1)(b) investigation
  • 6. Types of schemes
  • 7. Summary of the schemes
  • 8. Multilevel marketing and pyramids
  • 9. Existing regulations on pyramid schemes
  • 10. Conclusion
  • 11. Recommendation
  • Notice 1135 of 1999
• 77: Financial Research Foundation
  • Report 77 Business Practices Committee
  • 1. Introduction
  • 2. Further Complaints that led to the section 14(1)(c) Investigation
  • 3. The Questions of 17 November 1998
  • 4. Letter from the Financial Services Board
  • 5. The BPC resolves to formally Investigate FRF and the Publication of the Notice
  • 6. Notification of a further section 8(1)(b) Investigation
  • 7. The Experiences of some FRF Clients or Victims
  • 8. Financial Research Foundation in Liquidation
  • 9. Conclusion
  • 10. Recommendation
  • Notice 1820 of 2000
• 78: Interest Recalculators
  • Report 78 Business Practices Committee
  • 1. Press Release during December 1996 by the Registrar: Usury Act
  • 2. A Summary of Report 58: Interest Recalculators
  • 3. Further Complaints and Resolutions
  • 4. Complaints received
  • 5. Submission received from Banks
  • 6. Conclusion
  • 7. Recommendation
  • Notice 3434 of 2000
• 79: Metro Financial Services Ltd
  • Report 79 Business Practices Committee
  • 1. The Consumer Affairs Committee - a brief background
  • 2. The complaint
  • 3. Background
  • 4. The initial enquiry
  • 5. The offer of shares to the public
  • 6. The monthly dividend
  • 7. A committee of concerned investors
  • 8. The meeting with the Committee on 14 April 2000 and subsequent events
  • 9. The meeting at the offices of Metro on 20 April 2000
  • 10. Publication of the section 8(1)(a) notice
  • 11. The meetings held on 9 May 2000 and 17 May 2000
  • 12. Meetings with members of the Metro committee
  • 13. Possible contraventions
  • 14. Consideration
  • 15. Recommendation
  • Notice 3107 of 2000
• 80: Propalux 46 Ltd
  • Report 80 Business Practices Committee
  • 1. Introduction
  • 2. The scheme
  • 3. Issues raised during the meeting on 23 February 2000
  • 4. The Committee resolves to undertake a formal investigation
  • 5. A further meeting with Mthombeni on 29 March 2000
  • 6. Contact with the bookkeeper and auditor of Propalux
  • 7. A further meeting with Mthombeni on 17 April 2000
  • 8. A letter dated 26 April 2000 from the Committee to Mthombeni
  • 9. The meeting of the Committee held on 26 May 2000
  • 10. Consideration
  • 11. Recommendation
  • Annex A
  • Notice 3431 of 2000