Absa had every right to wait 15 months before it closed down the accounts of Gupta-owned companies‚ .
In Africa, Bafana are eighth, with Ivory Coast topping the table. The Didier Drogba-led Elephants are 18th in the world.
Safa deputy president Mandla "Shoes" Mazi- buko said the latest developments made the proposed technical symposium more important to address the challenges facing the sport in the country.
Scheduled for the end of the month, the technical symposium will also be used to discuss the club-versus-country issue.
Coaches from the Premier Soccer League, National First Division and Safa clubs will attend the symposium that is facilitated by Safa technical director Serame "Rhee" Letsoaka.
"The answer to Bafana Bafana's drop in the Fifa rankings and the performance of other national teams lies with the technical symposium," said Mazibuko.
"We have to come together as South Africans with ideas that will help take Bafana Bafana back to the top 20 rankings in Fifa and number one in Africa.
"Everybody with input should feel free to send it to Safa's administration in Nasrec. I have no doubt that if we work together Bafana Bafana will bounce back.
"Going down the Fifa rankings like this does not inspire confidence," said Mazibuko, who is also the president of the South African Schools Football Association.
Yesterday's release of the rankings comes hardly four days after Bafana coach Pitso Mosimane took a swipe at PSL clubs for not supporting the national team by refusing to release their players.