No one likes banks, and there are many excellent reasons for that.
Banks in South Africa have, however, become the target of a special vitriol tied to a very specific political project – unrelated to the real problems they present to the public through over-concentration and, it seems, collusion.
You may very well agree that the Big Four (among other banks) have conspired against President Jacob Zuma’s friends to serve white business. You may also believe that Absa owes us an apartheid-era debt.