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Banks bashed in battle over South African financial system

Four big banks refusing to deal with firms linked to Guptas, president's family
Friday, February 3, 2017 - 05:50

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Members of the ANC Youth League protesting in front of Absa Bank in Durban, South Africa, on Jan 26. Absa is a wholly-owned subsidiary of the Barclays Africa Group Ltd.

Johannesburg

NEW allegations by President Jacob Zuma's supporters that South Africa's biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation's financial system.

Protestors from the ruling African National

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