The remission, which was proposed by NUM and Sadtu - and campaigned for by the SA Communist Party, was robustly debated yesterday and adopted as one of the long list of the trade federation's resolutions.

The initial proposal, contained in Cosatu's 255-page resolutions document, had called for such a remission to be granted to all South Africans who have been blacklisted and are struggling to either do business or get a job as a result.

"South Africans deserve a clean start to their credit records, more specifically with the promulgation of the National Credit Act and the process of all the office of the National Credit Regulator," the proposal read.

If people or companies involved in committing crimes against humanity during apartheid could be forgiven through the Truth and Reconciliation Commission, tax dodgers granted tax amnesty by the Receiver of Revenue, and convicted criminals granted amnesty via President Jacob Zuma's remission of sentences, then the call for such a proposal was legitimate, Cosatu said.

The call, if supported by the government, would give blacklisted South Africans a maximum grant of R200,000.

The proposal also called for a strike to demand for the "once-off credit amnesty".

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Thu May 23 22:30:02 SAST 2013 ::

Sep 21, 2012

Tasto

Oh its wrong for Lonmin to give in to the demands of the poor miners maar the teachers want their debts to be cancelled.

Free houses Free jobs Free Health, 2014 Free loans Free credit no repayment?

What abt me I paid R36000 to NFSAS?
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Sep 21, 2012

thinya

I fully agree with this one comrades, if all the killers and rapists are given second chance by the law, why not us good citizens of the country?
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Sep 21, 2012

MommaC

So they want to reward irresponsibility?

I do think that the credit unions (oh the irony) are too swift to blacklist and too slow to take people off (especially when they are wrongly put on) but to simply bail people out because they were financially irresponsible, well that is just foolishness,
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Sep 21, 2012

malemaforpresident

Now we are correcting the imbalances of the past this is part of Economic Freedom that we are referring to remember in most cases race is considered when applying for a loan between the banks if you are pitch blac.k they Google your credit record but if you a bit pin.k you only propose the loan amount you want to borrow without visiting your credit record
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Sep 21, 2012

asaowe

Good call Cosatu i support u 100%, if criminals can get amnest y nut law abiding citezen.
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Sep 21, 2012

Tlakenyobehle!

ABSA CREDIT CARD R9 500
FNB OVERDRAFT R 18 000
ABSA CREDID CARD R15 000
NEDBANK PERSONAL LOAN R120 000
WES BANK CAR FINANCE R87 000
MTN CONTRACT R1500
WOOLWORHTS R 7000
TRUWORHT R5000
BOND R700000
PETROL CARD R3000
CROCERIES R2000
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Sep 21, 2012

MommaC

malemaforpresident

Tjo boete, you should write books. That is some kind of imagination you have there. I suggest fantasy as that would be right up your street
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Sep 21, 2012

Sekaku

Good Call Cosatu. we will be able to pic up private numbers again...
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Sep 21, 2012

iPhone4

Don't we have such a giving govt? I think am gonna start demanding they write off my bond...there's so many grants I wanna be granted something as well..
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Sep 21, 2012

Catswhiskers

Take them off on Monday, by Friday they're in the dwang again!
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