Parliament’s portfolio committee on trade, industry and competition met recently to engage with the Department of Trade, Industry and Competition (Dtic), the National Credit Regulator (NCR) and the National Credit Tribunal on the debt review system and its challenges.
During the public hearings on the bill that became the National Credit Amendment Act, several concerns had been raised about the functioning and shortcomings of the debt review system.The intention of the committee was to establish the status of the implementation of the system, as well as consider the challenges facing the system and any steps that the department was