Media Release

Embargo: Immediate
Friday, 22 July 2011


Update on Licenses for Financial Services Providers

Financial Services Board (FSB) Deputy Executive Officer for Market Conduct and Consumer Education,
Gerry Anderson stated that the FSB has finalised the processing of 20 838 (Previously 20 773) applications for
authorisation as financial services providers to date. In total, 1 991 of these applications have been declined
(previously 1 986).

Period from 20 June 2011 19 July 2011

The detail of the following 5 applications that were declined are as follows:

FSP No. Name

1 43099 MARKET DEMAND 702 (PTY) LTD DEACONVILLE, MACASSAR,
SOMERSET WEST, WESTERN
CAPE

2 43122 WENMAC SURE ERASMUSKLOOF, PRETORIA,
GAUTENG

3 43140 AARON NAICKER t/a AARON NAIKER INVESTMENTS ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

4 43164 SIMPHIWE SIGCAU BEREA, DURBAN, KWAZULU-
NATAL

5 43171 MIWHEELS CC NORTHRIDING, RANDBURG,
GAUTENG


The authorisation of the following 57 FSPs were suspended during the reporting period:

FSP No. Name

1 377 SHARE LEGEND (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

2 696 PETER BERRY TRUST SERVICES (PTY) LTD KENILWORTH, CAPE TOWN,
WESTERN CAPE

3 729 JOHN WILLIAM BRUCE STEWART HOUT BAY, CAPE TOWN,
WESTERN CAPE

4 749 VALLY ASSET MANAGEMENT (PTY) LTD ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

5 811 FUTURITY WEALTH MANAGEMENT (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

6 881 BEAR VISION INVESTMENT SERVICES (PTY) LTD FAIRLAND, JOHANNESBURG,
GAUTENG

7 883 BASTION WEALTH MANAGEMENT (PTY) LTD AMANDAGLEN, BELLVILLE,
WESTERN CAPE

8 928 INSINGER DE BEAUFORT INVESTMENTS (S.A.) (PTY) LTD CLAREMONT, CAPE TOWN,
WESTERN CAPE

9 1794 MACQUARIE FIRST SOUTH ADVISERS (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

10 4626 MASOCHA JOHANNES BVUMA t/a MJ BVUMA BROKERS LETABA, LIMPOPO

11 5530 PETRUS JACOBUS DELPORT t/a PIET DELPORT
MAKELAARS

MNANDI, WIERDAPARK,
CENTURION, GAUTENG

12 5614 ZACTHEM INSURANCE BROKERS (PTY) LTD ARCADIA, PRETORIA,
GAUTENG

13 6814 ZWELONKE HOLDINGS (PTY) LTD t/a EMERGENCY
RESOURCE SERVICES (ERS)

BLOUBERGSTRAND,
WESTERN CAPE

14 7132 JOHAN BARNARD MAKELAARS AMANDAGLEN, BELLVILLE,
WESTERN CAPE

15 7960 DEON PETER HAUPTFLEISCH t/a RANDPLAN FINANCIAL
SERVICES

AMANDAGLEN,
DURBANVILLE, WESTERN
CAPE

16 9987 GM FLINT t/a FLINSURE BLOUBERGSTRAND,
WESTERN CAPE

17 10696 ABRAHAM ANNANDALE t/a AC ANNANDALE BROKERS BLANWICK PARK, SPRINGS,
GAUTENG

18 10865 MARTIN BRIAN MARTENS t/a JIREH FINANCIAL
SERVICES

BLOUBERGSTRAND,
WESTERN CAPE

19 11102 MARGARETHA ELIZABETH VENTER DEACONVILLE, MACASSAR,
SOMERSET WEST, WESTERN
CAPE

20 11669 LUKE PETER DILLON WESTVILLE, DURBAN,
KWAZULU-NATAL

21 12134 ANAM CARA FINANCIAL COACHING (PTY) LTD AVONDALE LANDGOED,
PAROW, WESTERN CAPE

22 12139 INKANYISO CONSULTING CC ALBERTSKROON,
JOHANNESBURG, GAUTENG

23 12374 MONEYLINE 187 (PTY) LTD t/a FREDSURE INSURANCE
BROKERS
ALLEN GROVE, KEMPTON
PARK, GAUTENG

24 12421 ABBEYS FINANCIAL ADVISORY AND CONSULTING
SERVICES CC t/a ABBEYS INSURANCE BROKERS

PRETORIA-NORTH, GAUTENG

25 12711 GARY LEE SMITH t/a GARY SMITH FINANCIAL SERVICES EPPING INDUSTRIAL AREA,
CAPE TOWN, WESTERN
CAPE

26 12767 VERNELLE BRUNETTE t/a INSIGHT FINANCIAL PLANNING
SERVICES
DOUGLASDALE, FOURWAYS,
RANDBURG, GAUTENG

27 12771 YUSUF CASSIM JAMAL t/a AMSOOM INSURANCE
BROKERS

BEREA, DURBAN, KWAZULU-
NATAL

28 12922 RUSSELLSTONE FUND MANAGERS (PTY) LTD t/a
RUSSELLSTONE FUND MANAGERS (RSFM)

MONUMENT PARK,
PRETORIA, GAUTENG
29 13816 RICARDO GILLMER t/a GILRIC INSURANCE &
INVESTMENTS

BEN KAMMA, PORT
ELIZABETH, EASTERN CAPE

30 14232 NCAMISILE MANAGEMENT AND FINANCIAL STRATEGIST
(PTY) LTD t/a NCAMISILE MANAGEMENT AND
FINANCIALS

HOUGHTON,
JOHANNESBURG, GAUTENG

31 14560 JOSH BRONKHORST FINANCIAL ADVISORY SERVICES
CC

HALFWAY HOUSE, MIDRAND,
GAUTENG

32 15720 REICHARD SAMUEL JACOBS DEACONVILLE, MACASSAR,
SOMERSET WEST, WESTERN
CAPE

33 15844 KELVIN NAIDOO t/a A & K INSURANCE BROKERS ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

34 15976 WAYNE ROSENBERG ILLOVO, SANDTON,
GAUTENG

35 16744 FORECAST INVESTMENTS (PTY) LTD HORNLEE, KNYSNA,
WESTERN CAPE

36 16756 KAGISO VENTURES LIMITED ATHOL GARDENS,
JOHANNESBURG, GAUTENG

37 17044 QUATTRO FINANCIAL SERVICES (PTY) LTD AMANDAGLEN,
DURBANVILLE, WESTERN
CAPE

38 19311 INFINITUM HOLDINGS (PTY) LTD SILVER LAKES, PRETORIA,
GAUTENG

39 20064 GINGIRIKANI MARKETING CC t/a DITIRO GROUP
FUNERAL ADMINISTRATORS
BREAUNANDA,
ROODEPOORT, GAUTENG

40 20293 PRIME INVESTMENT MANAGEMENT SERVICES (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

41 21117 CLUCASGRAY LIMITED CRAIGHALL,
JOHANNESBURG, GAUTENG

42 21399 JAG INVESTMENTS (PTY) LTD BISHOPSCOURT, CAPE
TOWN, WESTERN CAPE

43 21425 VENSKE AND ASSOCIATES (PTY) LTD t/a EQUIFIN BEDFORDVIEW, GAUTENG

44 21664 SASFIN ASSET MANAGERS (PTY) LTD ALEXANDRA,
JOHANNESBURG, GAUTENG

45 22403 INSURANCE HOUSE (PTY) LTD KILDRUMMY, PAULSHOF,
SANDTON, GAUTENG

46 22653 PAN-AFRICAN INVESTMENT AND RESEARCH SERVICES
(PTY) LTD
ATHOL GARDENS,
JOHANNESBURG, GAUTENG

47 22790 MOSES MAGAGAMELA SEDIBANE t/a MANNIYA
INSURANCE BROKERS

ALBERMARLE, GERMISTON,
GAUTENG

48 23591 PATRICK DUMSANE MBATHA WOODLANDS, DURBAN,
KWAZULU-NATAL

49 25291 BEEHIVE CALL CENTRE CC t/a BEEHIVE LONEHILL, JOHANNESBURG,
GAUTENG

50 28812 MONEY BOX INVESTMENTS 96 (PTY) LTD t/a MBI BROOKLYN, PRETORIA,
GAUTENG

51 30299 CONDUIT FUND MANAGERS (PROPRIETARY) LIMITED ALDARAPARK, RANDBURG,
GAUTENG

52 35359 PROSOL FINANCIAL SOLUTIONS CC ALLEN GROVE, KEMPTON
PARK, GAUTENG

53 36418 EQUITYBRIDGE CAPITAL (PTY) LTD DOKKE, CAPE TOWN,
WESTERN CAPE

54 36823 BOLUS AND BOLUS INVESTMENTS (PTY) LTD t/a BOLUS
& BOLUS

SANDTON, GAUTENG

55 40107 RESOLUTIONS ASSET MANAGEMENT (PTY) LTD BOSKRUIN, BROMHOF,
RANDBURG, GAUTENG

56 40154 MSV WEALTH MANAGEMENT (PTY) LTD EDENBURG, RIVONIA,
SANDTON, GAUTENG

57 42254 AFROCENTRIC CONSULTING CC BEREA, DURBAN, KWAZULU-
NATAL


The authorisation of the following 50 FSPs previously reported as suspended, have now been lifted:

FSP No. Name

1 377 SHARE LEGEND (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

2 449 NGONI GWATIDZO BLANDFORD RIDGE,
BRYANSTON, GAUTENG

3 596 INDEQUITY CAPITAL MANAGERS (PTY) LTD BRONBERRIK,
VERWOERDBURG, GAUTENG

4 928 INSINGER DE BEAUFORT INVESTMENTS (S.A.) (PTY) LTD CLAREMONT, CAPE TOWN,
WESTERN CAPE

5 1022 MARY-LYNNE GEYLE ALBANY, PINETOWN,
KWAZULU-NATAL

6 1296 BUSELAPHI HEZEL PHAKATHI t/a BUSELAPHI HEZEL
PHAKATHI BROKERS

ASHERVILLE, DURBAN,
KWAZULU-NATAL

7 2108 MOHAMED ALLY JOOSAB NOOR MAHOMED t/a
MAHOMED & ASSOCIATES

DESAINAGAR, TONGAAT
BEACH, KWAZULU-NATAL

8 3420 MARIUS BEZUIDENHOUT t/a MB FINANCIAL SERVICES ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

9 3676 MAZIYA FUNERAL CC KATLEHONG, GAUTENG

10 7268 EVEREST HOUSE INSURANCE AND INVESTMENT
BROKERS CC
BLANDFORD RIDGE,
BRYANSTON, SANDTON,
GAUTENG

11 7524 PREMIER INSURANCE CONSULTANTS CC AMANDAGLEN,
DURBANVILLE, WESTERN
CAPE

12 9574 BAREND JOHANNES VENTER AMANDAGLEN, BELLVILLE,
WESTERN CAPE

13 10717 A DU TOIT ADVISEURS BK BRONBERRIK,
VERWOERDBURG, GAUTENG

14 10775 DHEVRAJ SRINIVASAN ASSEGAI, DURBAN,
KWAZULU-NATAL

15 11554 GIDEON DURAND t/a D&D FINANCIAL SERVICES VERWOERDBURG, GAUTENG

16 12010 ANDRE BRUYNS t/a ANBRUY
VERSEKERINGSMAKELAARS

DELMAS, MPUMALANGA

17 12181 TACCSURE BROKERS CC SOUTHERNWOOD, EASTERN
CAPE

18 12763 MOGAMAT JAPPIE t/a STAR INSURANCE BROKERS ALICEDALE LANDGOED,
ATHLONE, CAPE TOWN,
WESTERN CAPE

19 12931 C TOSSEL VERSEKERINGSMAKELAAR BK BRONBERRIK,
VERWOERDBURG, GAUTENG

20 13660 NICOL BUCHNER t/a NICOL BROKERS ALPHEN PARK, PRETORIA,
GAUTENG

21 14128 ALTEN WILBERFORCE NORTJE t/a A.W.NORTJE LIFE
INSURANCE
CLOETESVILLE,
STELLENBOSCH, WESTERN
CAPE

22 15760 JABULANI MHLONGO t/a JABULANI MHLONGO
INSURANCE BROKERS

UMLAZI, KWAZULU-NATAL

23 16129 PIETER GERHARDUS VERMAAK RADEMEYER t/a
WINTERBERG BROKERS

ADELAIDE, EASTERN CAPE

24 16382 KARIBU HEALTHCARE SERVICES CC ARGYLE, JOHANNESBURG,
GAUTENG

25 16803 TEBELLO MICHAEL TSOLO t/a SISCO INSURANCE
BROKERS

DLAMINI, JOHANNESBURG,
GAUTENG

26 17621 MCK INSURANCE BROKERS (PTY) LTD ALDARAPARK, RANDBURG,
GAUTENG

27 19248 MOSESE ELIZABETH MANO t/a LIZZY BROKERS
SERVICES

SOSHANGUVE, GAUTENG

28 20064 GINGIRIKANI MARKETING CC t/a DITIRO GROUP
FUNERAL ADMINISTRATORS
BREAUNANDA,
ROODEPOORT, GAUTENG

29 20669 NANDLAL RAMDEO t/a EXCELSIOR INSURANCE
BROKERS
BAYVIEW, CHATSWORTH,
DURBAN, KWAZULU-NATAL

30 20686 ZB MANAGEMENT AND FINANCIAL SERVICES CC BEREA, DURBAN, KWAZULU-
NATAL

31 21117 CLUCASGRAY LIMITED CRAIGHALL,
JOHANNESBURG, GAUTENG

32 21435 JOHANNES STEPHANUS JACOBS t/a JAMEL AND
ASSOCIATES

MNANDI, WIERDAPARK,
CENTURION, GAUTENG

33 21516 TEBOHO NELLY NKETOANE BRITS, NORTH WEST

34 21577 ALPHA AND OMEGA HEALTHCARE CONSULTANTS CC ANDERBOLT, BOKSBURG,
GAUTENG

35 22109 NTOMBESIZWE BLOSSOM XANGA t/a XANGA BROKERS KING WILLIAMS TOWN,
EASTERN CAPE

36 22339 I.C.E INSURANCE CLAIMS EXCHANGE (PTY)LTD t/a I.C.E. BELLEVUE, JOHANNESBURG,
GAUTENG

37 22822 PEG FINANCIAL OPTIONS (PTY) LTD HERMANUS, WESTERN CAPE

38 23668 NORMAN MTHEMBENI KHANYILE ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

39 29879 FERTILE SANDS FINANCIAL ADVISORS CC ADCOCKVALE, PORT
ELIZABETH, EASTERN CAPE

40 31058 CAJ FINANCIAL SERVICES CC t/a SHAMROCK FINANCE
GROUP
BEVERLEY GROVE, PORT
ELIZABETH, EASTERN CAPE

41 34741 DANIEL MOEKETSENG MOBU t/a DM MOBU BROKERS BOSBOKRAND, LIMPOPO

42 35937 CARIS MATIC FINANCIAL SERVICES CC ASSEGAI, DURBAN,
KWAZULU-NATAL

43 38924 ETERNAL CITY TRADING 578 CC BAYSWATER,
BLOEMFONTEIN, FREE
STATE

44 39134 BLUE CRANE INSURANCE BROKERS CC ATHLONE, DURBAN,
KWAZULU-NATAL

45 39213 PHIKA INSURANCE BROKERS (PTY) LTD ALEXANDRA,
JOHANNESBURG, GAUTENG

46 40336 THE OVERCOMER FINANCIAL SERVICES CC CRADOCK, EASTERN CAPE

47 40444 TRADESHACK 57 CC t/a LUKANDA FINANCIAL SERVICES ERASMUSKLOOF, PRETORIA,
GAUTENG

48 40555 NTATHU CONSULTING CC AMANDAGLEN, BELLVILLE,
WESTERN CAPE

49 40842 YPM FINANCIAL SOLUTIONS CC BEREA, DURBAN, KWAZULU-
NATAL

50 41287 RICH BLUE CONSULTANCY CC LOUIS TRICHARDT,
MAKHADO, LIMPOPO


The authorisations of the following 15 FSPs have been withdrawn during the reporting period:

FSP No. Name

1 559 DYNAMIC WEALTH MANAGEMENT (PTY) LTD ERASMUSKLOOF, PRETORIA,
GAUTENG

2 7652 DYNAMIC WEALTH STOCKBROKERS (PTY) LTD PRETORIA, GAUTENG

3 13690 CECILIA HAEFELE t/a NATIONAL LEGAL EXPENSES AID POTCHEFSTROOM, NORTH
WEST

4 14532 GEOWALT INVESTMENTS CC AERORAND, MIDDELBURG,
MPUMALANGA

5 15949 PROPLAN FINANCIAL PLANNING SERVICES CC PINEGOWRIE,
JOHANNESBURG, GAUTENG

6 17101 DAVID WATERSTON INSURANCE BROKERS t/a
WORLDWIDE INSURANCE BROKERS
ERASMUSKLOOF, PRETORIA,
GAUTENG

7 18295 MICHAEL TOERIEN t/a MICHAEL TOERIEN BROKERS HORNLEE, KNYSNA, WESTERN
CAPE

8 19436 ZORAH BIBI ISMAIL t/a AZIZ FINANCIAL SERVICES
PROVIDER
PAROW-VALLEI, WESTERN
CAPE

9 21541 AZWIFANELI PRINCESS MADZINGE t/a DAMBAUHUSHAI
BUSINESS SUPPORT
ARGYLE, JOHANNESBURG,
GAUTENG

10 26374 MARC ALLEN GRUSS t/a PREPARED FOR LIFE FINANCIAL
SERVICES
DOKKE, CAPE TOWN,
WESTERN CAPE

11 26382 PIETER WILLEM VILJOEN CAPITAL PARK, PRETORIA,
GAUTENG

12 30494 THULASIZWE ENOCK ZACA t/a INSIMBI FINANCIAL
SERVICES
BEREA, DURBAN, KWAZULU-
NATAL

13 32706 NICHASIO NJERU NGICIANI t/a CHRISHE AND BEJA
BROKERS
ALBERTYNSHOF, KIMBERLEY,
NORTHERN CAPE

14 34908 THREE DIAMONDS TRADING 35 (PTY) LTD t/a FINANCIAL
PLANNING MENTORS
ATHLONE, DURBAN,
KWAZULU-NATAL

15 41858 JUST IMAGINE OUTSOURCING CC BELLVILLE, WESTERN CAPE


The authorisation of the following 33 FSPs previously reported as having been withdrawn, have been
reinstated:

FSP No. Name

1 730 JM BUSHA ASSET MANAGERS (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

2 2225 DON CLARK & ASSOCIATES CC t/a DON CLARK &
ASSOCIATES CC
AVONDALE LANDGOED,
PAROW, WESTERN CAPE

3 3915 SATISFACTION GUARANTEED INSURANCE BROKERS CC ANDERBOLT, BOKSBURG,
GAUTENG

4 6073 JANAL BUSINESS CONSULTANTS CC BREAUNANDA,
ROODEPOORT, GAUTENG

5 7029 PHIKO THOMAS SITHOLE t/a SIMUNYE BROKERAGE ISIPINGO, DURBAN,
KWAZULU-NATAL

6 10693 MANDHLA MTEMBU t/a MN MTEMBU BROKERS DLAMINI, JOHANNESBURG,
GAUTENG

7 11941 NICOLAAS JOHANNES DE KOCK KLEINMOND, WESTERN CAPE

8 12501 ROY HARRYPERSADH NEWCASTLE, KWAZULU-
NATAL

9 14299 SCHALK MARAIS BAYSWATER,
BLOEMFONTEIN, FREE
STATE

10 20315 ELLA NANCY DENALANE DIEPKLOOF, GAUTENG

11 21305 NTOMBIFUTHI SITHOKOZILE PHIWOKUHLE MASONDO t/a
FUTHI FINANCIAL SERVICES
ALEXANDRA,
JOHANNESBURG, GAUTENG

12 26584 MEDAPHAHLANE FINANCIAL ADVISORS CC MAMELODI, PRETORIA,
GAUTENG

13 28862 ANCRO FINANCIAL CONSULTANTS CC ALPHEN PARK, PRETORIA,
GAUTENG

14 32447 MIRROR SHORT TERM SOLUTIONS (PTY)LTD BAILEYS, MUCKLENEUK,
PRETORIA, GAUTENG

15 33331 TELE BUZZ CC ALBERTSKROON,
JOHANNESBURG, GAUTENG

16 35128 ALUTA TRADING CC t/a GURU BROKERS ARCADIA, EAST LONDON,
EASTERN CAPE

17 35281 DUMISANI MCBRIDE SOCIKWA MTHATHA, EASTERN CAPE

18 35547 EVOPLAN t/a EVOLUTION PLANNING ALLANDALE,
PIETERMARITZBURG,
KWAZULU-NATAL

19 36720 IAN ROGER MARK GELDENHUYS t/a IAN.G AND
ASSOCIATES
ALICEDALE LANDGOED,
ATHLONE, CAPE TOWN,
WESTERN CAPE

20 37069 HFM DIRECT PTA CC t/a HFM DIE WILGERS, PRETORIA,
GAUTENG

21 38001 DCT TRADING CC t/a DODO FINANCIAL BROKERS KWAMASHU, DURBAN,
KWAZULU-NATAL

22 38191 M.L FINANCIAL SERVICES CC ORANGE FARM, GAUTENG

23 38450 DAVID ALEXANDER GORDON MACKENZIE BLOEMFONTEIN, FREE
STATE

24 38639 ASHILA HANMONTH t/a SAHARA INSURANCE BROKERS NEWCASTLE, KWAZULU-
NATAL

25 39067 MBHEKI NELSON MTHEMBU t/a MBHEKI & ASSOCIATES
FINANCIAL SERVICES

YELLOWWOOD PARK,
DURBAN, KWAZULU-NATAL

26 39790 BRANCH 14 ADMINISTRATORS (PTY) LTD ATHOL GARDENS,
JOHANNESBURG, GAUTENG

27 40598 MESO CAPITAL (PTY) LTD SANDTON, GAUTENG

28 40613 ECHELON PRIVATE CLIENT SOLUTIONS (PTY) LTD t/a
ECHELON
BALMORAL LANDGOED,
RONDEBOSCH, CAPE TOWN,
WESTERN CAPE

29 41029 WAKALAH FINANCIAL SERVICES CC BEREA, DURBAN, KWAZULU-
NATAL

30 41172 M T LOKOVHELA FUNERAL PARLOUR CC VENDA, LIMPOPO

31 41369 TIESPRO 177 (PTY) LTD GARSFONTEIN, PRETORIA,
GAUTENG

32 41590 MDLOANA TRADING AND PROJECT CC t/a MDLOANA
BROKERAGE

GARSFONTEIN, PRETORIA,
GAUTENG

33 43155 F I B O FINANCIAL SERVICES CC RANDHART, ALBERTON,
GAUTENG



Anderson adds, "FSP's whose applications had been unsuccessful, withdrawn or suspended are entitled to
appeal to the FSB Appeal Board, an independent tribunal, if the applicant is dissatisfied with the decision taken by
the Registrar.
ENDS