With the recent launch of Virgin Money bank in SA, entrepreneurs and consumers alike will be looking at this move to end the rip of culture that South African banks have made accepted every day practice. Few of us have not experienced the frustration helplessness of your bank telling that this is how it is and their are no alternatives. These shameful practices that can only be compared to the big Telkom rip-off that cost small business dearly on a daily basis. Lets hope that the end of poor and expensive banking services will become extinct sooner rater then later.

JOHANNESBURG - British entrepreneur Richard Branson launched his Virgin Money bank in South Africa with a characteristic stunt on Monday, vowing to shake up the local financial services industry.
“South Africa has not had real (banking) competition up to this point. We are basically launching a bank today,â€