Curator says only banks registered in terms of the Banks Act must be invited to bid for the assets and liabilities of Ubank, a substantial portion of which liabilities are deposits from the general public that can by law only be held by registered banks.
With the topic of the government's power in relation to banks getting more and more attention in the media, the IRR recently took the opportunity to call on the banks to clarify their stance on expropriation without compensation as a result of the power distribution to banks.
Coalition of right-wing and neo-liberal forces, with key online publications like News24, amaBhungane and Daily Maverick, are under neo-liberal control, according to a report by Common Dreams
South Africa’s rape epidemic has turned girls as young as 10 into mothers, and 60% of the time the fathers cannot be identified.
New legislation would be tabled to speed up the approval processes of new projects.
Independent Media’s executive chairman, Dr Iqbal Survé, has indicated that the media group was preparing for yet another legal battle, this time to challenge Standard Bank.
Standard Bank has reneged on its submission to the Competition Commission where it said it was not closing the Group company bank accounts.
The spokesperson of the NPA in the Pretoria region, Lumka Mahanjana, confirmed that the charges against the veterans were withdrawn.