Tag: Amalgamated Banks of South Africa

Absa to lay criminal charges after BFL members stormed its branch
Breaking News Business General News South Africa

Absa to lay criminal charges after BFL members stormed its branch

Amalgamated Banks of South Africa (Absa) says it will lay criminal charges against the Black First Land (BLF) after some members stormed one of its branches at Gandhi Square in Johannesburg CBD. Absa says it has evidence via a video footage and photos of Thursday’s incident in which supporters of the BLF stormed the building […]

Absa to challenge Public Protector’s remedial action in Court
Breaking News Business General News South Africa

Absa to challenge Public Protector’s remedial action in Court

Amalgamated Banks of South Africa (Absa) says it will challenge the Public Protector’s remedial action in her Findings of R1.12 billion bailout given to failed bank Bankorp. This follows Monday reports of the Public Protector Busisiwe Mkhebane’s findings of R1.22 billion bailout given to failed bank Bankorp by the South African Reserve Bank before it […]