South African Reserve Bank Places Ubank Under Curatorship - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports : vimarsana.com
Ubank, a South African bank that mainly targets blue-collar workers and those in the mining sector, has been placed under curatorship by the South African Reserve Bank. This comes after concerns about the bank’s capital adequacy, weak corporate governance, as well as lack of corporate internal controls. KPMG South Africa has been assigned as the […]