Iqbal Survé’s Sekunjalo Group has notched up a win in the latest round of its increasingly complex and bitter legal battle to retain banking services. Western Cape High Court Judge Judith Cloete dismissed an application from Standard Bank to appeal an earlier ruling, ordering the lender to keep the group's accounts open until September. Cloete interdicted the bank from closing the accounts of businesses in the Sekunjalo stable last year, saying the bank should wait for the outcome of separate cases before the Equality and High Courts.

Source: News 24 February 20, 2024 13:39 UTC