SARB

Unknown individuals, most likely working from inside the aspiring state-owned Postbank, stole millions through the social grant system late last year. The breach, which has been kept a secret, is the second time the SASSA payment system has been compromised since Postbank took charge of the social grant payment system in 2018.

Stories

Betting on the banks in a time of Covid-19

Dewald van Rensburg
May 5, 2020

Government’s major stimulus measures rely on the financial sector – banks in particular – to support real economic activity in exchange for unprecedented (temporary) deregulation and other support. How’s that working out so far?