SA’s sixth-largest retail bank by customers, African Bank, says 8%, or 32, of its branches were hit by looting and social unrest last week, with the group still counting the costs and assessing when it can reopen them.

Of the 32 damaged branches, 17 are situated in shopping centres in KwaZulu-Natal and 15 are in the townships and surrounding areas of Gauteng, the group said...

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