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Radebe: Govt talks on banks' Gupta decision 'ongoing'

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Cape Town – The ministers tasked with intervening in the ongoing stand-off between South Africa’s big four banks and the Gupta-owed Oakbay Investments are only expected to report back in two weeks.

Minister for Planning, Monitoring and Evaluation Jeff Radebe told journalists on Friday that the process is ongoing.

“My understanding is that at the next Cabinet meeting, there will be a report back by those three ministers. We will get a proper report on that. I have nothing to add to what I said last week.”

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