YWBN Mutual Bank license approved by the South African Reserve Bank’s Prudential Authority (PA) with the Financial Sector Conduct Authority (FSCA) concurrence in terms of Section 126 of the Financial Sector Regulation Act, 2017 to register a Mutual Bank in terms of Section 14 of the Mutual Banks Act 124 of 1993.
South Africa’s First majority Black Women Owned Bank.
I learned in September 2014 that Black people could infact own the bank if they worked together, since then not a day went by without me saying “we shall own the bank” and without the YWBN TEAM and YWBN CFI shareholders working towards registering the bank.
We had many detractors, who went as far as using state owned entities to attack BUT we stood firm, blocked the noise and focused on the end goal.
It gives me so much pleasure that after 9 years I finally get to say WE OWN THE BANK!!
It was worth the 9 years WAIT!
God’s timing is the best!
💜💜💜💜💜💜💜💜💜
#YWBNMUTUALBANK
#OWNTHEBANK
Photo credit: Kagiso Legotlo
Discover a gift from our curated selection of books at the Gift Shop, featuring compelling stories by authors from Africa and the Diaspora. Explore and purchase books, apparel, and stationery conveniently through our online Gift Shop or visit us in person. https://t.co/jGk63vYkpI
My latest @opinion column discusses The People's Inflation. Inflation has a technical definition: the average growth in prices in the economy. But inflation has also taken on a cultural definition, as a way to name in a word the struggle to make ends meets and afford basic goods.
@rainSouthAfrica@TheeMbalvl The Team Leader I spoke to promised to resolve my issue within 15 minutes then bailed on me. I’ve called back countless times to no avail. I have been calling every hour since yesterday morning and none of them can provide a solution. I am cancelling my membership.
@TheeMbalvl@rainSouthAfrica You are wasting your time @TheeMbalvl , I have been subjected to @rainSouthAfrica’s appalling service since yesterday. Their consultants in India/Pakistan and SA give different reasons for the lack of internet. The DM’s go answered after you provide the verification details.
The danger is that if we invest too much in developing Al and too little in developing human consciousness, the very sophisticated artificial intelligence of computers might only serve to empower the natural stupidity of humans.
"...and avoid the naïve reassurance that ‘it cannot happen to us’. Secular science has at least one big advantage over most traditional religions, namely that it is not terrified of its shadow..."
# Something’s gotta change African child,
# Build a legacy, # Don’t forget to exercise good habits, #Black child you’re not on your own.
Let me connect you with professionals who can help. DM me.
https://t.co/5PXmagAhBN
Thread by @IAmLiam1982: Hello Twitter, I have seen so many people suffering and loved ones lost, I wanted to tell my story and raise some awareness about Covid and what it is doing to people. So,... https://t.co/TrbyCofOgt
Mary Wilson, co-founder of the Supremes, the Motown group known for hits such as Baby Love and You Can't Hurry Love, has died aged 76 https://t.co/FryNVfrKCY
These are the people that defined an unprecedented year and changed global business in 2020.
Announcing this year's Bloomberg 50 honorees https://t.co/QCgLXlbFTS #Bloomberg50
Congratulations to everyone who has graduated this year!
Watch Yuval’s commencement speech for the Class of 2020 here: https://t.co/dvtYC5nNwr
- YNH Team
(Text originally published in The Wall Street Journal)