Here are 5 of the biggest South African company failures of all time. Number 1 lost over 250 billion! But starting with number 5, losing R2 billion, is VBS Mutual Bank. People were corrupt in the bank between 2015 and 2018. They gave themselves fake loans and never paid them back. The bank collapsed in 2018. Number 4, losing R7 billion, is Saambou Bank. Newspapers reported it might be in trouble in 2002. Customers withdrew R1 billion in just two days. The bank couldn’t handle the panic and colla