South Africa’s five major commercial banks—Standard Bank, First National Bank, Nedbank, ABSA, and Investec—may be summoned to Parliament early next year to explain their policies. Mzwandile Masina, Chairperson of the Trade, Industry and Competition Committee, announced this at a briefing on the committee’s progress under the seventh administration. Masina criticized banks for decisions that seem arbitrary, highlighting concerns over credit practices and banking charges. Lerato Mbele spoke to Mzwandile Masina, chairperson, Parliament’s Portfolio Committee on Trade, Industry and Competition and Kokkie Kooyman, director and portfolio manager at Denker Capital.

<p>South Africa’s five major commercial banks—Standard Bank, First National Bank, Nedbank, ABSA, and Investec—may be summoned to Parliament early next year to explain their policies. Mzwandile Masina, Chairperson of the Trade, Industry and Competition Committee, announced this at a briefing on the committee’s progress under the seventh administration. Masina criticized banks for decisions that seem arbitrary, highlighting concerns over credit practices and banking charges. Lerato Mbele spoke to Mzwandile Masina, chairperson, Parliament’s Portfolio Committee on Trade, Industry and Competition and Kokkie Kooyman, director and portfolio manager at Denker Capital.</p>

POWER Talk is a mid-morning talk show that delves deeper into the news of the day, along with larger societal themes, inviting listeners to help unpack issues on the day’s current affairs agenda and topics close to their hearts. The host also interviews the biggest newsmakers and experts in South Africa, helping listeners make sense of their world.

<p>POWER Talk is a mid-morning talk show that delves deeper into the news of the day, along with larger societal themes, inviting listeners to help unpack issues on the day&rsquo;s current affairs agenda and topics close to their hearts. The host also interviews the biggest newsmakers and experts in South Africa, helping listeners make sense of their world.</p>