Cheslyn Jacobs, TymeBank chief commercial officer. TymeBank has warned that a proposed increase in biometric verification fees, from 15c to R10, could result in the financial exclusion of its low-income clients, particularly grant recipients, from formal banking. This, after the Department of Home Affairs (DHA) yesterday rolled out its new National Population Register (NPR). This…
Home affairs minister Dr Leon Schreiber and TymeBank co-founder Coenraad Jonker. The home affairs minister and TymeBank’s co-founder are involved in a public squabble over the price of a biometric check increasing from 15c to R10. TymeBank argues that the poor will bear the brunt of the hike, as it cannot afford to absorb the…
Tyme Group CEO Coenraad Jonker Pressure is mounting on the minister of home affairs over a decision to impose huge increases in the fees for companies wanting to run checks against a national database for client verification. The move, which has already drawn fire from the telecommunications industry, has now been harshly criticised by Coen…
