Latest articles on Banks Act

In a bizarre twist VBS liquidators sue KPMG for R863mn

In filed court documents, the VBS liquidators are blaming auditing firm KPMG’s negligence for the alleged looting of the bank

EFF tackles apartheid legislation

While the ANC in Parliament found itself defending the presence of FW de Klerk at the State of the Nation address last week, the government was also — in court this time — defending an apartheid-era law

Auditors’ watchdog IRBA gets teeth with new Bill

In a Financial Matters Amendment Bill released for comment, treasury proposed changes to the Auditing Profession Act, the law that created IRBA

VBS bank could come out of curatorship stronger— Treasury

​National Treasury said placing VBS Mutual Bank under curatorship is a better option than liquidation

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Zondo commission: Molefe says Glencore sold Optimum to portray him as a Gupta ally

Former Eskom chief executive paints himself as the victim of a plot at the hands of President Cyril Ramaphosa’s former business associates

Municipal workers convicted in R3.5m ‘Christmas cheer’ fund fraud scheme

A fund that was meant to provide much-needed, end-of-year cash for municipal workers was looted by the three signatories of the account

Tshiamiso Trust makes due on silicosis payout

Beneficiaries will now be able to apply to get money from the settlement almost two years after the Johannesburg high court ruled on the matter.

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