Gauteng government pushes for provincial state-owned bank

Gauteng MEC of Finance and Economic Development, Lebogang Maile the provincial government still has its sights firmly fixed on establishing a provincial state bank.
He was addressing the media on the key priorities for the seventh administration and to give an update on the state of the province's economy in Sandton, North Johannesburg.
SABC News reporter Patricia Visagie spoke to Maile.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

[@sibusisodube6835]

These people are just crazy

[@lebotab22]

No! Lebogang Maile, the poor can't afford another stealling of the money from State Own Bank Resolve first the VBS Scandal, where The VHAVENDA DYAMBEU has lost 51% Shares and others.

[@granvillehilton3078]

I agree with you.

[@tsekomofokeng182]

Does why ANC is losing support rapidly,is led by fools. They think people are fools. I doubt whether he has authority to do so.

[@tsekomofokeng182]

The boy is just happy. Life is nice to them they don't care.

[@christinevandermerwe-gl2sm]

A repeat of the VBS!!!! 😢😢😢

[@granvillehilton3078]

As if nobody wants to learn from VBS bank.

[@karenj8406]

Where is the logic in this. Another VBS??

[@MzamoAdoons372]

Looting

[@tsekomofokeng182]

Gravy

[@MzamoAdoons372]

Not another bank and not after the VBS scandal please please please 😂😂😂. Imagine the ANC givernment running a bank😂😂😂😂

[@ProcaviaCapensis-ts8ub]

Imagine the EFF as finance minister.

[@MzamoAdoons372]

@@ProcaviaCapensis-ts8ub a finance minister with a looting tendency

[@christinefinniss6263]

VBS 😂

[@ProcaviaCapensis-ts8ub]

Lesufi wants his own VBS.

[@MzamoAdoons372]

@@ProcaviaCapensis-ts8ub Exactly, these people think we are fools

[@dimakatsoramosidi7408]

Bad timing to talk about a bank😂😂😂

[@HARLEYQUINN-tf6ee]

Could we not just give the Cadres personal ATM's that can be filled regularly by the poor?

[@roshneeshunmagum1945]

😂😂😂😂

[@MzamoAdoons372]

@@roshneeshunmagum1945 You can do anything they will still steal🙆🙆🙆

[@tsekomofokeng182]

Does why ANC is losing support rapidly. Is led by fools. They think people are fools. I doubt whether he has authority to do so.

[@alroyprinsloo1586]

They already have private ATMs

[@GcinaTV]

GBS?

[@razzmatazz1849]

Running a bank does not include brown envelopes changing hands in the dark...

[@MzamoAdoons372]

😂😂😂😂😂😂😂

[@dianasekatane6045]

The BEE was to empower black SAns after 30 years how did this fare😂😂😂

[@MzamoAdoons372]

Very bad, it only benefited politicians and their associates

[@H3321KG]

After VBS why would anyone ever trust the.😂

[@biko8229]

This initiative is 25 years too late. Without the EFF calling for a state bank these cadres wouldn't bother initiating a state bank🙄

[@ProcaviaCapensis-ts8ub]

VBS is just small scale state bank.

[@MzamoAdoons372]

@@biko8229 I thought the post bank was a state bank🙊😂😂😂😂

[@MzamoAdoons372]

@@biko8229 I thought the post bank was a state bank🙊😂😂😂😂

[@biko8229]

@@MzamoAdoons372 Eish kuningi neh?😂
Is it a fully fledged commercial bank, smart one?

[@biko8229]

@@ProcaviaCapensis-ts8ub 😂😂🤣No it's not.
I'm just grateful the leadership of the ANC did not allow the DA anywhere near governing our province

[@matthewlee4193]

Wonder how this will turn out. Why go through GNU with DA if they could’ve achieved this with little to no resistance going with and eff with 65+ % majority. So it’s stupid really they playing mickie mouse games

[@leeroysherratt881]

Is this a sick joke. . .

[@faithing88]

F*** NO

[@aobakweCup326D]

Another VBS.... MORE LIKE GBS

[@alroyprinsloo1586]

Another VBS

[@petrosdlamini1761]

Ithala with coop money

[@ThabisoRatlou]

VBS 2.0

[@Marysmmiiith]

That is just for purposes of last looting before the end of the ANC in 2029

[@babakawaz8225]

As long as they apply the ted tape and stringent commercial bank laws .... what's the fucken point.

[@lesegoseloane]

Thanks to Mr Bheki Twala of TECSA, we got this update.

[@DaveIsALegendPeriod]

Agreed 🙌.

[@user-nx2zd3yj9l]

VBS indeed 😢

[@abdi7149]

😂😂😂😂

[@margaretlesoleso]

Why everything is about Gauteng? Is this province going to be another Orania🙄. What of other provinces?. Talk about putting your eggs in one basket 🤣🤣🤣

[@leeroysherratt881]

Is this a sick joke. . .