Thank you for the interest that you have shown in African Bank. I always enjoy talking to people about what I do at African Bank. It is complex subject matter, however, and I frequently f ind that people misunderstand some of the dynamics at f irst. I would accordingly like to correct some errors in the article, African Bank: Coming to a bond market near you (11 April 2013).
The fact is that the National Credit Regulator has recommended that the Tribunal f ine African Bank.
The Regulator itself does not have the legal capacity to impose a f ine on its own behalf, as suggested in the article – it can only refer the matter to the Tribunal to hear consider merits of the case.
The referral of the matter to the