More than 7,700 official complaints have been lodged with the Ombudsman for Banking Services in South Africa, who published their annual report for the 2020 financial year, which contains the most common complaints against banks, as well as bankers, because the relationship between larger customers and the banker is also in the report. 6,472 complaints were received the previous year (2019).
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SA Banking Ombudsman Reveals Most Common Complaints about Banks & Bankers – FNB had Most Complaints!
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SA warned to withdraw enough money ahead of banking strike on Friday
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Sasbo’s Joe Kokela said there won’t be money in many ATMs across the country on Friday. South Africans have been warned to withdraw enough money ahead of the nationwide strike in the banking sector on Friday as ATMs and banking services will be shut down. The country’s biggest financial union Sasbo said it would bring..
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Court grants interdict to freeze R1.7-billion Gupta mine rehab funds
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Anti-corruption advocacy group the Organisation Undoing Tax Abuse (Outa) on Tuesday won an urgent interim interdict to freeze some R1.75-billion in mine rehabilitation funds from two Gupta-owned coal mines. The group’s urgent application was heard in the North Gauteng High Court in Pretoria. In a media statement, Outa said their action was not opposed. The..
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