Team Zuma vs The Banks: The GCIS is the newest distribution platform

SOUTH AFRICA
Over the course of the last few days, the fight has been taken squarely to South Africa’s banks. What exactly that “fight” is, however, remains to be seen. Cosatu has marched on Absa’s headquarters; the ANC Women’s League has put out a statement slamming a Rand Merchant Bank report, and the Black Empowerment Foundation has laid charges against the banks involved in the forex manipulation scandal. Then there’s the minor detail that the Black Empowerment Foundation announced its actions through the government’s communication unit, which is supposed to be reserved for state business. By REBECCA DAVIS.