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A costly state bank is the last thing the ANC needs

The party passes fantasy resolutions without telling us how its mega ideas will be funded

There’s something about dealing with banks that gets us worked up. We have an emotional relationship with them because of the role they play in our lives. If you are unemployed and don’t have access to any form of income, a bank becomes almost a foreign institution — a place for those who have means. If you run a legitimate business or are employed, you develop an almost daily relationship with your bank. For the employed, your salary gets deposited into your bank account each month. For a legit business owner, your transactions run through the banking system...

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