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MAJOR BANKS ON THE BLACK FOOT AS COURT GREENLIGHTS R60 BILLION CLASS ACTION

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South Africa’s major banks are under pressure after a court greenlit a R60 billion class action over home repossessions. The case, led by the Lungelo Lethu Human Rights Foundation, could have major implications for both banks and thousands of former homeowners. We’re joined now by Lungelo Lethu President, Nkululeko KaXhelithole, to unpack what this means.

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