More than R120 Million in hard cash was looted from ATMs and banks during the recent ANC violence that swept through parts of Gauteng and KwaZulu-Natal in mid-July. This amount is much higher than the initial estimates and does not include the repair costs.
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R120 Million Cash Stolen from ATMs and Banks During ANC Riots, Financing More Organized Crime and Corruption!
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Basa: Nhlanhla Nene fears worsening ‘jittery’ markets
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Uncertainty over the future of Finance Minister Nhlanhla Nene is leaving markets jittery, in a development the Banking Association of South Africa (Basa) has described as “unfortunate”.
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Treasury letter – Sassa should not have disqualified Post Office
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A letter by National Treasury to acting South African Social Security Agency (Sassa) CEO Pearl Bhengu says the agency should not have disqualified the South African Post Office (SAPO) from three possible services in the social grants scheme. Treasury was given a week last Wednesday to review all the deal points of the then-collapsing deal..
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