Absa fined R10 million for monitoring failures

ABSA logo at a branch 1 minute The South African Reserve Bank’s Prudential Authority has imposed an administrative fine of R10 million on Absa Bank for failing to conduct a thorough review of certain clients. These clients included two politically exposed persons, four foreign prominent public officials and three domestic prominent influential persons.  According to…

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Shivambu says no true freedom without basic services for all

MK Party Secretary General Floyd Shivambu speaking at a party event. 2 minutes UMkhonto Wesizwe (MK) party secretary general Floyd Shivambu says South Africa should not be proudly celebrating Freedom Day while the majority of its citizens are without essential basic services. Shivambu has been addressing party members during a mini rally in Mdantsane, Eastern…

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