African Bank is planning to list its shares as the SA Reserve Bank, which placed it under curatorship in 2014 after its predecessor almost collapsed, relinquishes its controlling stake. 

The Bank, which owns 50% of the lender whose origins go back to 1975, has appointed Rothschild, Bank of America and Moshe Capital, to advise it on a planned two-phase process that will enable it and other shareholders to commence an “orderly exit”...

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