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THE South African Communist Party has joined calls for Barclays subsidiary Absa to pay back millions of pounds worth of illicit apartheid-era “lifeboat loans.” ]
In a statement on Wednesday night, the party joined the ruling ANC’s Women’s League and Youth League in demanding that the bank return the money with interest.
Absa, one of South Africa’s “big four” banks, is accused of pocketing 1.5 billion rand (£90 million) of state cash in the guise of a bailout for the Bankorp group, which it bought in 1992.
ROGER MCKENZIE recalls the one-in-a-generation communist leader murdered at the dawn of a new South Africa 33 years ago last April 10
ROGER McKENZIE looks at how ancient traditions practiced today can be the cornerstone of anti-imperialism in Africa
SALEEM BADAT and VASU REDDY introduce a new book about an outstanding interpreter of the world, and an activist scholar committed to changing society