While there's no condoning the shifty actions of our banks, there is a need to restore some sanity and prevent politicians from using this as another cheap scapegoat, writes Nick Hedley.
There are plenty of things to hate about banks. 'Manipulating' the value of the rand and destroying the country is not one of them.
"It is believed that the 2013 cartel made a trillion rand a day due to price-fixing and market allocation by the 28 local and international banks," the SABC reported in mid-November, citing the Competition Commission's Makgale Mohlala.