Hamza Farooqui comments on rumour that SARB has recommended banking apartheid is maintained: On Friday (3 February), Bloomberg News published a story in which it claimed the South African Reserve Bank (SARB) made a recommendation to the Treasury that Vardospan’s bid to create South Africa’s first 100% black-owned bank, should be rejected. If Vardospan were to be successful in its bid to acquire Habib Overseas Bank, it would be a significant first step in ending the banking … [Read more...] about Hamza Farooqui comments on rumour that SARB has recommended banking apartheid is maintained
