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Last chance for municipalities to claim VBS millions


Last chance for municipalities to claim VBS millions
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Johannesburg- Municipalities, businesses and shareholders owed by the now defunct VBS Mutual Bank have until two weeks to lodge their valid claims in the doomed financial institution.
VBS liquidator Anoosh Rooplal has told its creditors, who include municipalities, suppliers, retailers, businesses and permanent shareholders, that they have until May 21 to lodge their valid claims.
However, Rooplal also warned that there is no certainty that claims will be accepted by the Master of the High Court or that any amount of their claims will eventually be made available.
He said the claim merely proves who VBS’s legal claimants are. ....

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ANC North West factions fight on - The Mail & Guardian


ANC North West factions fight on
6 Mar 2021
Unprotected: North West Premier Job Mokgoro’s (left) ANC party membership has been suspended despite secretary general Ace Magashule’s attempt to intervene. Photo: Waldo Swiegers/Bloomberg/Getty Images
This despite an attempt last month by ANC secretary general Ace Magashule to halt the process pending an appeal by the five whose party membership has been suspended to Luthuli House to drop the charges.
On Tuesday, a preliminary session was held by the ANC North West disciplinary committee with Mokgoro ahead of his matter being heard on 19 March. Mokgoro is still at work but is being “monitored” by the ANC leadership in the province. ....

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