How SAA shot down its rivals with taxpayer money
Competition never sat easy with SAA, which used R30 billion in taxpayer-funded bailouts over the last decade to shut down a string of competitors, from […]
How the banks are targeting black home owners in Cosmo City
The financial crisis has percolated down to first time home buyers in Cosmo City near Johannesburg, many of whom claim they have been evicted irregularly […]
Ostrich farmer from Eastern Cape shows court his mortgage loan is now in Taiwan
An ostrich farmer from Grahamstown has thrown the local court into a spin by apparently proving that his mortgage loan with Standard Bank has been […]
Meet the man who tried to arrest the board of Standard Bank
Jonathan Buckley of Centurion in Pretoria may be the first South African in history to win six judgments against Standard Bank in one day. When […]
Absa gets snot-klapped in the Pretoria High Court by women’s army
Absa’s troubles in its mortgage division just got a whole lot worse. Barely two months after losing two similar cases in the South Gauteng High […]
How one man’s life was ruined when he took on the bank
Durban-based Nav Chan started questioning FNB’s eBucks rewards calculations. They just didn’t make sense. Weeks later his accounts were cancelled and he found himself listed […]
Fraud accusations fly over Nedbank liquidation of guest lodge
A Johannesburg guest lodge was liquidated by Nedbank this week despite accusations of fraud and perjury. Why would the bank shut down a lodge over […]
To understand your future, study Zimbabwe
A new book out by two economists of the Austrian persuasion is a wake-up call for those who believe Zimbabwe’s well-documented plunge into the abyss […]
Joburg man defends himself in court against the bank – and wins
Johannesburg businessman Damon Greville defended himself in the South Gauteng High Court this week against Sasfin Bank, which liquidated his 67 year-old business in 2012 […]
I was liquidated over fictitious R7 million loan, says Durban businessman
In what must rank as one of the most bizarre legal cases in recent times, Durban-based businessman Ian Brakspear had his family business liquidated in […]