UNIFER HOLDINGS LIMITED
UniFer confirmed today that it has signed an agreement with the South
African government on Friday 29 June 2001 regarding the government's new
rules regulating the payroll deduction system.
UniFer was granted a deduction code for the deductions of existing personal
loans granted to government employees and a code to grant debt-consolidated
loans to its existing government customer base.
UniFer endorses and support the government's decision in creating a more
efficient better regulated market for ethical lenders
The new regulations will go a long way to creating an ethical and
sustainable microlending environment.
Ronel Muller
UniFer Investor Relations
Cell: 083 326 5996
Tel: 011 259 7040
Fax: 011 259 7031
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