African Bank has been placed under curatorship but it will continue to operate and be open for business, says the Reserve Bank. "The first important measure has been the conclusion reached by the Registrar of Banks and the decision by the Minister of Finance to place African Bank under curatorship with effect from 4pm today," Reserve Bank Governor Gill Marcus said on Sunday. This comes as African Bank announced that its Chief Executive Officer and founder, Leon Kirkinis, has resigned and … [Read more...] about African Bank under curatorship
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