Today's Big Stories

Oakbay employees march to Absa, FNB and Standard Bank with demands

At least 100 Oakbay Investment employees have marched to three major banks in Johannesburg to persuade them to re-open banking accounts with the group.

Banks and other institutions cut ties with the Gupta-linked company following allegations of state capture.

EWN's Gia Nicolaides says that approximately 7 500 employees are affected by the closing of Oakbay accounts.

Employees met in the Johanessburg CBD holding placards reading 'save our jobs'.

They went to Absa, FNB and then Standard Bank to hand over a memorandum of demands.

Gia Nicolaides, EWN reporter

Employees from different divisions within the group, including The New Age and ANN7, have distanced themselves from the Gupta family and state capture allegations.

We are hoping to put pressure on the banks so that they may re-open our accounts.

Protesting Oakbay employee

Listen to the full conversation from The Midday Report:

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Cosatu slams SA banks for Gupta interference

Cosatu slams SA banks for Gupta interference

Cosatu says that the banks who have severed ties with the Gupta-owned business are hypocritical and reckless.

'Put up or shut up': Gupta-owned Oakbay denies state capture claims

'Put up or shut up': Gupta-owned Oakbay denies state capture claims

Oakbay's Nazeem Howa tells Stephen Grootes why allegations of state capture are false, and challenges anyone to bring evidence.

ANC to meet Gupta-owned media organisations

ANC to meet Gupta-owned media organisations

The ANC will meet with Gupta-owned media companies, The New Age and ANN7, while the SACP claims the Guptas are dividing the party.

'The New Age', 'ANN7' pushing Gupta propaganda with govt's help, says expert

'The New Age', 'ANN7' pushing Gupta propaganda with govt's help, says expert

Prof. Jane Duncan unpacks how the Guptas have used their media companies to push a political agenda and how government has helped.

Why the Gupta family's alleged deal with Denel is dubious

Why the Gupta family's alleged deal with Denel is dubious

Investigative journalist Stefaans Brümmer unpacks claims that Guptas may benefit from a deal with state-owned arms company Denel.

Popular articles
Thorough research needed before dagga given prescription drug status - PsychMG

Thorough research needed before dagga given prescription drug status - PsychMG

Psychiatric expert Dr Renata Schoeman challenges plans to recognise dagga as a prescription drug rather than a banned substance.

7 inexcusable reasons why people don't use condoms (when they should)

7 inexcusable reasons why people don't use condoms (when they should)

Dr. Eve explains the importance of condom usage and educates people about the transmission of sexually transmitted infections.

LISTEN: Tropical storm Dineo wreaks havoc and claims lives in Mozambique

LISTEN: Tropical storm Dineo wreaks havoc and claims lives in Mozambique

SA Weather Service says Dineo is expected to affect Limpopo, Mpumalanga and northern KZN.

KZN ANC calls for scrapping of provinces

KZN ANC calls for scrapping of provinces

The African National Congress (ANC) in KwaZulu Natal wants the provinces system scrapped and Cosatu backs this call.

New tender graft evidence has surfaced at City Power says Mayor Mashaba

New tender graft evidence has surfaced at City Power says Mayor Mashaba

Mashaba says new information about tender irregularities has come to light and he is unhappy with the previous investigation.

Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Despite the downgrade, residents in parts of Limpopo and Mpumalanga can still expect flooding and heavy rains.

I have suffered backlash from white people (and black people) - Kasi Mlungu

I have suffered backlash from white people (and black people) - Kasi Mlungu

Anita Ronge, famously known as Kasi Mlungu, talks music career, race and township lifestyle with Eusebius McKaiser.

100 scholarships up for grabs to deserving students

100 scholarships up for grabs to deserving students

Together, the SA and Hungarian governments are offering scholarships for students who want to do bachelor, masters, and PhD degrees.