MIRA INFORM REPORT
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Report No. : |
352475 |
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Report Date : |
07.12.2015 |
IDENTIFICATION DETAILS
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Name : |
WIRELS CONNECT (PTY) LTD |
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Formerly Known As : |
T MOBILE SA (2014/02/13); TSOKO INFORMATION TECHNOLOGY |
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Registered Office : |
Unit 100, Sugarbush Village Midrand, Gauteng 1685 |
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Country : |
South Africa |
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Date of Incorporation : |
17.11.2008 |
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Com. Reg. No.: |
2008/027047/07 |
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Legal Form : |
Private Company (Pty) Ltd |
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Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is not
available from any sources] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
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Status : |
Poor |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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South Africa |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
SOUTH AFRICA - ECONOMIC OVERVIEW
South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; and a stock exchange that is Africa’s largest and among the top 20 in the world.
Even though the country's modern infrastructure supports a relatively efficient distribution of goods to major urban centers throughout the region, unstable electricity supplies retard growth. Economic growth has decelerated in recent years, slowing to just 1.5% in 2014. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is roughly 25% of the work force, and runs significantly higher among black youth. Eskom, the state-run power company, is building three new power stations and is installing new power demand management programs to improve power grid reliability. Load shedding and resulting rolling blackouts gripped many parts of South Africa in late 2014 and early 2015 because of electricity supply constraints that resulted from technical problems at some generation units, unavoidable planned maintenance, and an accident at a power station in Mpumalanga province. The rolling black outs were the worst the country faced since 2008. Construction delays at two additional plants, however, mean South Africa will continue to operate on a razor thin margin; economists judge that growth cannot exceed 3% until electrical supply problems are resolved.
South Africa's economic policy has focused on controlling inflation; however, the country faces structural constraints that also limit economic growth, such as skills shortages, declining global competitiveness and frequent work stoppages due to strike action. The current government faces growing pressure from urban constituencies to improve the delivery of basic services to low-income areas and to increase job growth.
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Source
: CIA |
http://www.dslreports.com/forum/r30381833-General-Beware-of-TelAfrica-Wirels-Connect-South-Africa
October 2015
[General] Beware of TelAfrica / Wirels Connect (South Africa)
Please be aware of TelAfrica Mobile OR wirels Connect (pty)
Ltd t/a Telafica Mobile (pty) Ltd
represented by Botha Lebepe
I would like to inform you that the company TelAfrica is owing us (Digital
Destinations Telecom) $9,780 US Dollars for more than 6 months.
They keep promising us that they will pay us. At first they
said that the central bank in Johannesburg wont release the amount because of
regulation by the government which is totally a lie. They sent 3 false wire
transactions but nothing came through. they keep giving us false assurances and
dates to clear the amount and their routes do not work. Please be careful
Telafrica is not a fair company and sharing of false wire instruction is a
fraud.
Then they said we can send you money via Paypal. We got a Paypal account but
they didn't send any amount. The last time they asked for more time to gain our
trust. We gave them more time but nothing yet.
Now they are not responding to our e-mails, phone calls, and Skype chats.
Please be careful. They are crooks. They will steal your money. They wont pay
you anything. DON'T WORK WITH THEM.
Company Name: TelAfrica
Contacts:
Botha Lebepe : 'Botha Lebepe'
Finance Manager 'Franck Ngolela'
Graham M Wiles : Chief Operation Officer +2772 928 6175 Graham@telafricamobile.com
Pride Juwawa : NOC / voip engineer pride@telafricamobile.com
Sales : 'Masechaba Kgope'
Sales : mariams@telafricamobile.com
Company Phisical Address: No1 Legacy Corner, Cnr 14th Rd and Skurweburg Rd, Noordwyk,
Midrand 1685 Johannesburg South Africa
Country: South Africa
Phone: +2762 182 9658
Email: graham@telafricamobile.com
skype contact: grahammwiles
General
Comments
In view of the lack of general and comprehensive information on the
subject, in conjunction with the above, we would recommend that no credit dealings
be undertaken with the subject. Please see attached adverse report.
COMPANY INFORMATION
STATUTORY INFORMATION
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Registered Name |
WIRELS CONNECT (PTY) LTD |
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Previous Names |
T MOBILE SA (2014/02/13);
TSOKO INFORMATION TECHNOLOGY (2010/08/03); |
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Registration Number |
2008/027047/07 |
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Type of Company |
Private Company (Pty) Ltd |
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Registration Date |
17/11/2008 |
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Date Commenced Trading |
Unknown |
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Commercial Status |
Unknown |
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CONTACT
DETAILS
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Website |
None located. |
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Social Media Presence |
Linked In |
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Registered Physical Address |
Unit 100, Sugarbush Village MIDRAND Gauteng 1685 |
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Trading Physical Address |
The Willow Office Park Office 276 George Road Erand Gardens Midrand 1685 |
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TAX
INFORMATION
Income Tax No. : 9038830197
VAT No. : 4470248875
AUDITORS
INFORMATION
Name : Walter Muwandi
General
Comments
On investigation numerous attempts to obtain contact details for the
subject proved unsuccessful as no company details are available on the
internet. A director search revealed the following numbers: +27 11 613 7138,
which when dialed is stated to not exist; +27 11 804 9433, which when dialed is
answered by a third party who has no knowledge of the company or the director,
S E LEBEPE; and +27 78 831 3093 which reverts to an automatic message sending
facility. A search utilising the supplied address reveals a company registered
as WIRELS GROUP (PTY) LTD trading as TELAFRICA MOBILE, with a listed director,
Motsokolo Lebepe, a former director at the subject, however, numerous attempts
to establish contact with him also proved unsuccessful.
A further search utilising Google, revealed a letter from a previous
supplier (see attached: http://www.dslreports.com/forum/r30381833-General-Beware-of-
TelAfrica-Wirels-Connect-South-Africa, dated October 2015) in which it is
stated that outstanding monies are owing.
A further search utilising the World Check facility revealed no listings
for either the director or the company, however, a search revealed four
judgements against the subject (see attached).
It is requested that should our client be in a position to assist with
current contact details for the subject or
the director, that they be forwarded soonest so that further investigations may
be instituted.
OWNERSHIP STRUCTURE
PRINCIPAL DETAILS
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Full Name |
ID No. |
Designation |
Status |
Date of Appoint- ment |
Active Interests |
Prev. Interests |
Judg- ments |
Fraud Listing |
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LEBEPE, SEROBOLE EDWARD |
7104046027085 |
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Active |
01/02/2014 |
2 |
0 |
0 |
0 |
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LEBEPE, MOTSOKOLA BOTHA |
8106075764081 |
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Resigned |
17/11/2008 |
0 |
0 |
0 |
0 |
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MALEBYE, YVONNE MMASHIKWANE |
7202221103083 |
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Resigned |
17/11/2008 |
0 |
0 |
0 |
0 |
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MOTAHANE, SELWANE SIMON |
8306015603080 |
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Resigned |
17/11/2008 |
0 |
0 |
0 |
0 |
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LEBEPE, MASILU PETER |
8308045421087 |
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Resigned |
09/06/2010 |
0 |
0 |
0 |
0 |
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WARIE, MAURICE NTSHIPILE |
7707285623081 |
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Resigned |
05/05/2010 |
0 |
0 |
0 |
0 |
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ACTIVE BUSINESS INTERESTS: SEROBOLE EDWARD
LEBEPE
%20LTD%20-%20352475%2007-Dec-2015_files/image008.jpg){kind=small}
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Company Name |
Registration No. |
Business Status |
Principle Status |
Judgments |
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2011/041372/23 |
AR Deregistration Process |
Active |
0 |
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BANK ACCOUNT VERIFICATION
MAJOR OPERATIONS
BRANCH INFORMATION
PREMISES
MPLOYEES
FINANCING TERMS
FINANCIAL FIGURES
ADMIN
DETAILS
INTERVIEWER
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Researcher |
Inoxico |
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Contact Tel No. |
+27 10 001 0540 |
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Email |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.84 |
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|
1 |
Rs.101.04 |
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Euro |
1 |
Rs.73.05 |
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ZAR |
1 |
Rs. 4.61 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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HEE |
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.