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FILE: Chief Justice Raymond Zondo at the state capture inquiry in 2020. Picture: Eyewitness News.

Absa

Banks not acting as 'white monopoly capital' when closing Gupta accounts: Zondo

By Bernadette Wicks

Chief Justice Raymond Zondo said in his final report that accusations against banks that closed Gupta accounts was 'entirely unjustified'.

  • Cape Town Marathon will take place on 16 and 17 October 2021. © pavel1964/123rf.com

    [TRAFFIC] 31 Cape Town roads closed this weekend for the Absa Run Your City 10K

    We have a list of 31 roads to avoid on Saturday and Sunday.

    44 days ago
  • FILE: The PIC said it had requested an urgent meeting with the ABSA board and wants it to present its transformation strategy. Picture: Supplied

    PIC disappointed with Absa tapping Arrie Rautenbach as group CEO

    Rautenbach has been with the bank since 1997 and was its head of retail and business banking before he took over as group CEO.

    85 days ago
  • An Absa bank branch. © wirestock/123rf

    Arrie Rautenbach named new ABSA CEO in its first internal appointment since 2006

    In a statement, the bank said the appointment followed a thorough recruitment and selection process completed by the board.

    88 days ago
  •  FILE: Sipho Pityana at the World Economic Forum in Davos, Switzerland, on 20 January 2017. Picture: Eyewitness News.

    YONELA DIKO: Absa must come clean on Sipho Pityana

    Given that Sipho Pityana has been chairperson of many boards, the timing of allegations against him seem dubious, writes Yonela Diko.

    197 days ago
  •  FILE: Sipho Pityana at the World Economic Forum in Davos, Switzerland, on 20 January 2017. Picture: Eyewitness News.

    Axed Absa director Pityana says bank attacking his right to defend his name

    Absa fired Sipho Pityana as director after the relationship between the parties broke down.

    212 days ago
  • FILE: Sipho Pityana. Picture: Eyewitness News

    Not backing down without a fight: Pityana to challenge his dismissal at Absa

    Sipho Pityana failed to convince the board that suing the Reserve Bank’s Prudential Authority did not harm the banking group.

    213 days ago
  • FILE: Sipho Pityana. Picture: Eyewitness News

    Absa fires Sipho Pityana as director of boards

    Absa said that the decision to sack Pityana was made during a meeting on Tuesday where he was given an opportunity to address allegations that he had neglected or been derelict in his perfomance as a director of boards and failed to conduct himself in the interests of the bank.

    213 days ago
  • FILE: Former Absa CEO Daniel Mminele. Picture: Absa

    Black Management Forum wants Absa to explain CEO Mminele's exit after 16 months

    Andile Nomlala, the president of the Black Management Forum, said that there were serious questions to be asked.

    430 days ago
  • Peter Matlare. Picture: Absa/YouTube.

    South Africa’s business fraternity mourns death of Peter Matlare

    He died on Sunday at the age of 61 from COVID-19-related complications.

    474 days ago
  • Peter Matlare. Picture: @Absa/Twitter.

    Absa deputy CEO Peter Matlare succumbs to COVID-19

    Eyewitness News understands that he passed away earlier on Sunday due to COVID-19 complications.

    475 days ago
  • power-pylonsjpg

    Fixing “the Eskom problem” is going to require a serious restructure

    Fixing “the Eskom problem” is going to take much more than just throwing good money at it – Eskom needs to be restructured.

    514 days ago
  • FILE: Advocate Busisiwe Mkhwebane delivering her findings against President Cyril Ramaphosa. Picture: EWN

    8 legal challenges that overturned Mkhwebane’s reports and findings

    Public Protector Busisiwe Mkhwebane has had numerous bruising court defeats that overturned several of her reports and recommendations, which has led to Parliament starting a process to investigate whether she is fit to hold office.

    551 days ago
  • absa-insights-natural-resources-thumbnailjpg

    Can I have some beer with my oil and gold?

    Like all good stories, this one starts in a [mythical because we’re South African] pub … but not for the reasons you imagine.

    674 days ago
  • Picture: Supplied by Absa Group.

    Absa's warns of steep drop in half-year profits

    The bank, previously owned by Barclays, said first-half headline earnings per share were expected to decline by between 92% and 97% from the comparative period’s 920 cents.

    682 days ago
  • Picture: Pixabay.com

    Absa clerk accused of looting R25m from Limpopo govt remanded in custody

    Fhatuwani Mudzanani appeared in court on Monday. The clerk was arrested on Friday.

    704 days ago
  • Picture: PSL.co.za

    Safpu: Absa sponsorship decision massive blow to football

    Absa and the PSL made the announcement on Thursday that the bank would not be renewing its sponsorship agreement at the end of the current season.

    751 days ago
  • Picture: Supplied by Absa Group.

    Absa grants R5.8bn payment relief to customers affected by COVID-19

    The bank said over 370,000 account holders had taken advantage of its payment relief program.

    781 days ago
  • Picture: Supplied

    SA banks' relief for virus-hit borrowers nears R15 billion

    The Banking Association of South Africa said 852,000 of more than 1.2 million people who had applied for banking help had been successful, while others were still being assessed.

    782 days ago
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