Productive meeting at Standard Bank with Prof Mandonsela

Prof. Theo Broodryk recently attended a meeting led by Prof Thuli Madonsela in her capacity as Chair of Social Justice at Stellenbosch University and the founder of the Thuma Foundation. They met with a team from Standard Bank, including Standard Bank South Africa CEO, Lungisa Fuzile. The purpose of the meeting was to discuss sales in execution of properties where bondholders have defaulted, especially in view of the recent Nkwane judgment: https://lnkd.in/d5nhMTt. The meeting was a productive one and there was consensus that a solution to the current undesirable status quo should be found which would allow the banking industry and business to thrive whilst ensuring that no individual is left behind in the process.