A history of Volkskas and the Absa Banking group
… 36 (17%) in urban areas. In 1964 Volkskas, together with General Mining and Finance Corporation Ltd, went into sugar … production in the Eastern Transvaal. In 1971 it bought out General Mining and the Transvaal Sugar Corporation, which … Rupert's Rembrandt Group to challenge Sanlam's control of General Mining, the second-largest mining house. Absa and the …