DocumentClosedpublication
National Housing Finance Corporation publication
National Housing Finance CorporationRef: https://www.nhfc.co.za/wp-content/uploads/2025/11/NHFC_Board_Media_Statement_Nov20251711-1.pdf
Official source
Source domain: nhfc.co.za
Collected on 15 July 2026
Always confirm details on the official source before acting.
What this means
This is a media statement issued by the Board of the National Housing Finance Corporation (NHFC) on 17 November 2025. It confirms that the NHFC CEO, Ms. Azola Mayekiso, has been placed on precautionary suspension with immediate effect following serious allegations and parallel investigations by public watchdog bodies. The statement says the suspension is not a finding of wrongdoing and is intended to allow an independent, transparent investigation without interference. It also states that NHFC operations and programmes continue under the Acting CEO and that no further public comment will be made at this stage.
Facts
Reference
https://www.nhfc.co.za/wp-content/uploads/2025/11/NHFC_Board_Media_Statement_Nov20251711-1.pdf
Key Takeaways
- Organisation: National Housing Finance Corporation (NHFC)
- Document type: Statement on precautionary suspension of the CEO
- Date: 17 November 2025
- CEO: Ms. Azola Mayekiso
- Action: precautionary suspension
- Effective: immediate effect
- Reason: serious allegations and parallel investigations by public watchdog bodies
- Clarification: not a finding of wrongdoing; procedural step for independent review
- Continuity: NHFC operations, funding programmes, and strategic partnerships continue under Acting CEO and Executive Management Team
- No further public comment at this stage; updates when process concludes
- Issued by: Board of Directors, NHFC
- Media contact: Mr Satish Roopa (Chair of Human Capital Committee)
- Phone: (082) 800-1710
- Email: satish@mweb.co.za
- National Housing Finance Corporation (NHFC)
- Board of Directors, NHFC
- Ms. Azola Mayekiso
- Acting CEO
- Executive Management Team
- Mr Satish Roopa
- Chair of Human Capital Committee
- NHFC Communications Office
- Public watchdog bodies
Dates
Closing Date
17 November 2025