‘SARB enables banking sector’s massive profits at expense of working class’
10 Sep 2024
The South African Federation of Trade Unions has condemned what it called the obscene earnings of banking executives amidst working class poverty. It said recent figures have shown that the executives of at least four banks in South Africa – namely, Capitec, Nedbank, Investec, and FNB – have raked in millions of rands in executive pay.