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Pass the buck: Calls for banks implicated in Zondo Commission to be investigated go unheard
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State-owned banks urged to help the poor
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Banking Association SA gives heads up on ATM fees
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Banks count the cost of six-day war
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Human Settlements Development Bank close to being finalised 29 April 2021 - 14:32 In 2019 President Cyril Ramaphosa announced that the government would establish the Human Settlements Development Bank, which aims to expedite the delivery of houses in the country. The state set a target of building 500,000 houses by 2024. File photo. Image: SINO MAJANGAZA
Deputy minister of human settlements, water and sanitation Pam Tshwete on Thursday told parliament that the establishment of the Human Settlements Development Bank (HSDB) was at an advanced stage.
“The bill for the bank has been drafted. It has been sent to the state law advisers for scrutiny and it will be presented to the cabinet in May. It will then go for public comments, which is important, it cannot be finalised without going for public comment,” said Tshwete.