Opposition mounts to draft financial sector charter | The New Age Online

The minimum black ownership target of the financial sector charter should be set at 25.1% or more and the requirement for banks to have a shareholder of last resort should not hold this target hostage, said a veteran BEE analyst Ajay Lalu.

via www.thenewage.co.za

I can't say that this is really "opposition". We know the BMF doesn't like it – but then we know that the BMF doesn't know much about anything anyway. And it was only the New Age that ran the story. And let's not forget that it is Udge speaking – don't know what his agenda is.

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