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Municipalities which invested in VBS Mutual Bank facing financial crisis

16 October 2019, 6:55 AM

The Portfolio Committee on Cooperative Governance and Traditional Affairs has heard that municipalities which invested public funds in the now liquidated VBS Mutual Bank are facing financial crisis.

VBS Mutual Bank minority shareholders meet

17 November 2018, 5:15 PM

VBS Mutual Bank minority shareholders are meeting in Thohoyandou, Limpopo.

VBS Mutual Bank

VBS Mutual Bank scandal claims first casualty

20 October 2018, 4:10 PM

The VBS mutual bank scandal has claimed its first casualty in the Giyani Municipality in Limpopo.

VBS Mutual Bank

VBS Mutual Bank employees sign retrenchment notices

18 October 2018, 3:31 PM

Some VBS employees have finally signed retrenchment notices after days of rejecting them, while other workers are still refusing to sign.


“ANC officials implicated in VBS Mutual Bank scandal to be dealt with”

14 October 2018, 6:52 PM

ANC provincial spokesperson in Limpopo Donald Selamolela says the party strongly affirms that its officials implicated in the VBS Mutual Bank scandal will be dealt with without fear or favour.

The cover of the report into the looting of VBS bank

Hawks, NPA team up to investigate VBS Mutual Bank looting

11 October 2018, 9:49 PM

The Hawks says it has assembled a strong, well-resourced team to investigate the looting of funds from the Venda-based VBS Mutual Bank.

Holomisa calls for multi-pronged investigation into VBS Mutual Bank saga

11 October 2018, 11:25 AM

United Democratic Leader Bantu Holomisa says President Cyril Ramaphosa should establish a task team to ensure those implicated in looting the VBS Bank are speedily brought to book.

Hawks probe VBS Mutual Bank looting

11 October 2018, 9:00 AM

The Hawks say that a team of investigators and prosecutors are conducting an investigation into those suspected of looting billions of rands from VBS Mutual Bank.

VBS Mutual Bank

Limpopo govt wants VBS Mutual Bank saved

27 September 2018, 4:46 PM

The Limpopo provincial government says it is necessary to save VBS Mutual Bank while law enforcement agencies continue to deal with officials who were involved in criminal activities

ANC logo on flag

ANC distances itself from VBS Mutual Bank scandal

27 August 2018, 2:05 PM

The African National Congress in Limpopo has rebuffed allegations of corruption and power-mongering against its Treasurer, Danny Msiza.



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