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Cape Town youth protest against racist banks

Cape Town youth protest against “racist” banks By Dieketseng Maleke Share A group of Cape Town youth took to the streets to protest against major banks Absa and FNB, which they claim are racist. Speaking to BRO, a protester Hendrick Smith, said the group gathered because they were “tired” of banks being racist towards black people. “The protest was about the recent bank account closures of black people. It is also in relation with the book written by Emerald van Zyl exposing how FNB was charging blacks 30 percent more on mortgages compared to other people,” he said. “This racism has been happening for a long time, some of us learned about it in 2009 when Van Zyl filed in the equality court and requested it to intervene and try to convince FNB to change some of its policies, which he deemed discriminatory against black people.

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