Public Notice – Turnbright Investments (Proprietary) Limited T/A Turnbright Pawn Shop

The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) would like to inform members of the public that it has cancelled and revoked Turnbright Investments (Pty) Ltd t/a Turnbright Pawn Shop (Turnbright)’sexemption, in terms of section 46 (1) (c) of the Non-Bank Financial Institutions Regulatory Authority (NBFIRA Act), 2023.

Please note that the effect of the cancellation or revocation is that Turnbright is no longer permitted to offer any pawnshop services to members of the public including offering, advertising, providing short-term, asset-backed loans, or any regulated pawnshop service; holding itself out as a licensed or exempted pawnshop and entering into new customer engagements relating to regulated pawnshop activities.

Any continued conduct of regulated activities without a valid exemption constitutes a contravention of the NBFIRA Act and may attract further enforcement action.

Turnbright is advised to make arrangements to notify its customers, securing, safeguarding, and facilitating the proper return or lawful transfer of customer assets, and closing or transferring customer accounts in accordance with applicable law.

Should you need further information  please contact the Lending Activities Department on 3686100 or 3102595.

Verily Molatedi,
ACTING CHIEF EXECUTIVE OFFICER,
February 25, 2026