The Reserve Bank’s Prudential Authority has given financial services group Old Mutual the go ahead to establish a bank, which is expected to compete with established players, particularly the likes of Capitec.
The alleged mastermind behind the murder of Kiernan "AKA" Forbes in February last year has questioned why Sidney Mfunda Gcaba hasn’t been arrested and brought to court if an R800,000 deposit was payment for a hit, as alleged by the state.
The state argues that the accused bought a meal with a Standard Bank card issued on the day of the hit and that he wasn’t a frequent patron of the restaurant