IN a whirlwind of corporate intrigue, recent events surrounding the South African Reserve Bank (SARB), Absa, and its former director Sipho Pityana have brought to light allegations of impropriety, regulatory overreach, and governance failures.
At the centre of these controversies stands Sipho Pityana, a prominent figure challenging the status quo within these institutions.
As the saga unfolds, a narrative of power struggles, boardroom battles, and systemic failures emerges, prompting questions about the integrity of corporate governance in South Africa.
In an exclusive interview with Pityana, he stated categorically that his case was not about reviewing or setting aside the appointment of the Absa chairman.
Pityana said: “I am asking the court to declare that the SARB exceeded its powers and the role assigned to it in terms of Section 60 of