The Treasury and the SA Reserve Bank have denied claims by ANC heavyweight and former government minister Tokyo Sexwale that money from a heritage fund meant for the poor has been stolen.

In a joint statement on Monday, the Treasury and the Reserve Bank said they  receive many requests for, or promises, of billions (and now trillions) of rand or dollars, and from experience regard these as “simply scams”...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now