Four Seasons Before Lunch Gauteng (Pretoria)

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 I have lived in Pretoria for half my life, but even at almost 50, l still am not ready for mornings like this . I step out of  home in the morning at 7 a.m., greeted by a warm, gentle breeze and sunshine so golden it felt like summer had arrived overnight. The sky was clear; the jacaranda trees glowed purple; the air smelled of warmth and possibility. “Perfect day,” l muttered, locking his door. By the time l drive out—five minutes later—the sky starts to be darkened. A cold wind came crawling in from nowhere, sweeping dust across the pavement. The temperature dropped so suddenly that  l have  to switch the heater for warmth. Laughing. “Ah, Pretoria… you never disappoint.” Halfway to the office, the heavens opened. Not soft rain— a storm . Sheets of water hammered the road, street gutters overflowed instantly, and distant thunder rolled like a grumpy giant waking up too early. People scattered, hiding under bus shelters already too full.  “Ten minutes ago...
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Sexwale 'heritage fund': Bank for International Settlements does not service companies or individuals

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 29 April 2021 - 15:22

BY TIMESLIVE
The Bank for International Settlements (BIS) says it does not provide banking services to individuals or companies. Businessman Tokyo Sexwale claimed last week that a 'heritage fund' bank account, of which he was a co-trustee, was held by the BIS.
The Bank for International Settlements (BIS) says it does not provide banking services to individuals or companies. Businessman Tokyo Sexwale claimed last week that a 'heritage fund' bank account, of which he was a co-trustee, was held by the BIS.
Image: Veli Nhlapo

The Bank for International Settlements (BIS) says it does not provide financial services to private individuals or companies and that its name, logo and address are misused sometimes in fraudulent schemes.

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The BIS was responding to questions posed by the Sunday Times on claims made by politician and businessman Tokyo Sexwale last week that there were funds held by BIS which were unlawfully accessed.

Sexwale claimed in a media briefing last week that funds from a “heritage fund” bank account, of which he was a co-trustee, were looted.

Sexwale said the fund's bank account was held by the Bank for International Settlements.

“The BIS system is accessed inside any bank by very few people, who needed clearance at level seven, to access, to open, to download the funds,” claimed Sexwale.

However, the BIS has disputed the claim.

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In its response to the Sunday Times, a BIS spokesperson said: “The BIS is an international organisation whose banking services are provided exclusively to central banks and other international organisations.”

The spokesperson said BIS did not provide financial services to private individuals or companies.

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“In some cases, the BIS’s name, logo and address are misused in fraudulent schemes. The BIS is not connected in any way with these schemes and recommends that such cases be reported to local authorities.”

TimesLIVE

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