Apology: Gupta-linked bank bid

In an article titled: “Gupta-linked bank bid now in Gigaba’s hands” published 31 March 2017, the story looks to unravel the decisions now facing Finance Minister Malusi Gigaba in approving or denying the takeover of Habib Overseas Bank. The article stated that Mr Tebogo Leballo and Ms Faheema Badat were new executives at Habib Overseas Bank. Mr Leballo and Ms Badat are in fact proposed as non-executive directors in a proposed new structure for the bank, pending approval of the takeover.

The Mail & Guardian regrets the error and apologises to Mr Leballo and Ms Badat.

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