Risk Alert | The growing threat to SA's banks

Risk Alert | The growing threat to SA's banks

3 May 2021 - In this week's exclusive client Risk Alert, Frans Cronje and Bheki Mahlobo highlight the growing political pressure on South Africa’s major banks and the risk this poses to the financial sector.

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Cronje and Mahlobo also discuss the suspension of North West regional powerbroker Supra Mahumapelo from the ANC and what this signifies about the shifting power balances in the party.

At the heart of the party’s governance troubles is the policy of cadre deployment, they argue.