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25 June 2017
                       
 
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21 Jun 2017
 
 
Pursuing a 30-year old bailout is sending South Africa on a wild goose chase
THE CONVERSATION
South Africa’s Public Protector, Busisiwe Mkhwebane, has ignited a flaring grass fire with recommendations around a R1.2bn bailout paid to a local bank between 1986 and 1995. Known as the...
 
 
20 Jun 2017
 
Cut ties with Absa, ANCWL tells govt
POLITICS
The African National Congress Women's League (ANCWL) called on all state departments to cut ties with Absa over the R1.1-billion the Public Protector said it owes the South African Reserve Bank...
 
 
19 Jun 2017
 
Barclays Africa must repay 1.1 bln rand over bailouts
ECONOMY
Barclays Africa Group unduly benefited from apartheid-era bailouts and must repay 1.1 billion rand ($86 million), South Africa's anti-graft watchdog said on Monday. Public Protector Busisiwe...
 
 
17 Feb 2017
 
ANCYL to brief media on NEC meeting
POLITICS
The African National Congress Youth League (ANCYL) will on Friday brief media on the outcomes of its national executive committee (NEC) meeting. The NEC discussed the transformation of the...
 
 
27 Jan 2017
 
 
 
More time for Zuma to weigh in on Absa bailout
POLITICS
President Jacob Zuma has been granted an extension until the end of February to submit comment on the public protector’s report implicating Absa in an apartheid era-bailout, the Presidency said on...
 
 
23 Jan 2017
 
EFF won't join Occupy Absa campaign – Malema
POLITICS
Economic Freedom Fighters (EFF) leader Julius Malema has dismissed calls for his political party to join the Occupy Absa campaign. "I will never be told by the opposition of the EFF how we must...
 
 
19 Jan 2017
 
Leak of Absa report politically motivated – Cope
POLITICS
The leaking of the report into Bankorp’s (now Absa) apartheid-era loan is intended to divert attention from former public protector Thuli Madonsela’s State of Capture report, The Congress of the...
 
 
ANCYL wants govt to stop banking with Absa
POLITICS
The African National Congress Youth League (ANCYL) will intensify calls for the government to stop banking with Absa bank, it said on Wednesday. “We will continue to take strong political action...
 
 
18 Jan 2017
 
SACP: Murky past must energetically be pursued and investigated
STATEMENT
The SACP calls on ABSA to pay back the full amount plus interests of the bailouts provided to Bankorp by the Reserve Bank from 1985 to 1992 and thereafter from 1992 to 1995 to ABSA after the bank...
 
 
16 Jan 2017
 
 
 
Madonsela conducted Absa probe mostly on her own
PUBLIC PROTECTOR
Former public protector Thuli Madonsela did most of the work on the Absa R2.25-billion bailout probe by herself because staff were against it and already overworked, she told the Cape Town Press...
 
 
13 Jan 2017
 
 
 
Absa decries leak of public protector report on apartheid billions
LEGAL
Absa said a preliminary report by Public Protector Busisiwe Mkhwebane that recommends the bank pay back R2.25-billion it received as part of an unlawful apartheid-era bailout is “regrettable”. The...
 
 
29 Oct 2014
 
SACP: SACP on going to the root: a radical second phase
STATEMENT
Two decades beyond South Africa’s globally acclaimed democratic transition we are living in a deeply paradoxical reality. We have a progressive constitution that has abolished decades of white...
 
 
 
                       
 
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