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NBC Holdings Profile

NBC Holdings

www.nbc.co.za

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7:48 pm EDT

NBC Holdings Poor communication, failure to pay monies due

My late father passed on in January 2021. He was employed as an electrician at City Power Johannesburg, and his provident fund monies are being administered by a company called NBC Holdings, a Fund Administration company based in Braamfontein. There only monies I have received to date from NBC Holdings is a R100 000.00 (hundred thousand rand) amount after waiting for more than a year. The rest of the money due to the estate are apparently on hold (for an unknown amount of time) as "there is a court case pending" according to NBC. (When I looked up NBC on the internet I have read that NBC allegedly invested monies into a company that has since been liquidated). No other information has been provided to us, and request for details (i.e. where the court case is at the present time, when we can expect to receive our monies etc.) has been met with silence by NBC. Complaints about our current state of bankruptcy, (due to the high cost of living, and administration expenses related to death), eviction and starvation has been received with an unsympathetic ear by NBC. We are now considering involving a lawyer as we have run out of patience!

Desired outcome: We want the monies due to us to be paid!

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hlayi sane
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Oct 29, 2025 2:53 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

i was working under musenga investments, and the contract expired, i claim my provident fund , they give me a half of money n they said the other amount I'll get it when i reach 65 how possible is that. An am not getting any help

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Overview of NBC Holdings complaint handling

NBC Holdings reviews first appeared on Complaints Board on Apr 30, 2022. The latest review Poor communication, failure to pay monies due was posted on Apr 30, 2022. NBC Holdings has an average consumer rating of 1 stars from 1 reviews. NBC Holdings has resolved 0 complaints.
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NBC Holdings Category
NBC Holdings is ranked 416 among 454 companies in the Investment, Insurance and Financial category