Can I trust government with my savings?
Sep 04, 2020
3 minutes
By Andile Ntingi
When I heard that the ANC was calling for the establishment of a deposit-taking state bank to compete with established commercial lenders, I wondered to myself who in their right mind will entrust their hard-earned savings with this bank, given high levels of corruption and mismanagement of state-owned enterprises (SOEs) at the hands of ANC cadres.
The alleged involvement of the ANC in the looting and demise of VBS Bank has eroded public confidence in the ruling party, whose leaders are now facing a public backlash for raking
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