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Tag Archives: VBS

Mahikeng Municipality manager cries foul over ‘media bias’

5 July 2018, 5:53 AM

The manager of the embattled Mahikeng Local Municipality in the North West Thabo Mokoena has accused the media, including the SABC, of being used to tarnish his reputation and that of the municipality.

Bantu Holomisa

Holomisa calls for president to take action on VBS allegations

27 June 2018, 9:04 AM

United Democratic Movement leader Bantu Holomisa has recently asked President Cyril Ramaphosa to extend the powers of the State capture inquiry or establish a new inquiry to look into the VBS Mutual Bank allegations.

VBS audit firm denies lack of communication claims

24 June 2018, 12:30 PM

The company tasked to administer the affairs of VBS Mutual Bank, Sizwe Ntsaluba Gobodo audit firm, has denied allegations by minority shareholders in the bank that the curator is not communicating with them about the problems at VBS.

VBS shareholders complain over lack of communication

24 June 2018, 7:29 AM

A group of Venda Mutual Bank(VBS) minority shareholders has written to the Office of the President, the Minister of Finance and the South African Reserve Bank complaining about lack of communication between them and the curator administering the affairs of the bank.

VBS Mutual Bank fined R2,5mln for suspicious transaction

29 May 2018, 4:14 PM

Reserve bank Deputy Governor, Kuben Naidoo says they have established that the liquidity problems at the VBS Mutual Bank are more severe than they’d initially anticipated.

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