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NUM shocked at decision to place Ubank under curatorship

By:  
Creamer Media Reporter
 
DIVERSIFIED MINERS
Trade union the National Union of Mineworkers (NUM) says it is “shocked and surprised” by Reserve Bank governor Lesetja Kganyago’s decision to place Ubank under curatorship. The union says this happened despite the Ubank’s board having committed on the night of May 16 that it would raise the required R800-million to save the bank from being placed under curatorship.
 
 
 
 
 

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