ARTICLES RELATING TO AFRICAPACITY

Company eyeing VBS hails sequestration of remaining directors, vows payback

2019-08-28 18:07

Investment holdings company Africapacity’s chief investment officer Enoch Ratlabala told Fin24 that the North Gauteng High Court decision to approve the final sequestration of the remaining directors of VBS Mutual Bank was a welcome development in returning some of the bank’s lost funds.

 

Reserve Bank: Company vying for VBS would need a new licence

2019-08-02 12:28

The Reserve Bank says the investment group vying for the assets of VBS Mutual Bank would need to acquire a banking licence before taking over the collapsed lender.

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