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R600m to be paid to funders of legacy African Bank
Funders of the former African Bank will receive an extraordinary R600m payment handled by RDS, following the bank being placed under curatorship in 2014. Collaboration between RDS and African Bank has been ongoing since April 2016.
South africa
South african
Kennedyg bungane
Kennedy bungane
African bank
Debt service
African bank investments limited
African reserve bank
African bank limited
African bank group
Residual debt service
South african reserve
Craig du plessis
Bank group
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