Last Tuesday all the bells and whistles were laid on for the launch of the YWBN Mutual Bank in Sandton. Eye-catchingly, there was an unusual throng of ministers present: deputy finance minister David Masondo, small business minister Khumbudzo Ntshavheni, communications minister Stella Ndabeni-Abrahams and justice minister Ronald Lamola.

You can sort of see why, since the hot-button topics were catnip to politicians — a new black-owned bank, promising to lend to small businesses who are "forced to close shop due to lack of access to financing"...

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