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Warning to South Africans With Banking Apps on Their Phones
Several prominent South African banks say they have seen a marked uptick in banking app fraud impacting their customers. KnowBe4 Africa recently warned that thieves are increasingly targeting smartphones to gain access to banking apps. However, Absa, Capitec, Discovery Bank, Nedbank, and Standard Bank say phishing is a more significant threat.
Read More2025 Budget Speech Statement
The 12 March 2025 Budget Speech sets out proposals to keep the national debt in check and increase necessary spending on social security and infrastructure, while more far-reaching fiscal and economic reforms are negotiated in the Government of National Unity (GNU).
Read MoreSustaining Progress: A Five-Year Journey Towards a Green Economy
Read MorePostponement of the 2025 Budget
Read MoreBASA Statement – 2025 State of the Nation Address
Read MoreBasa Transformation Report 2024
South African banks are meeting the challenge of transformation but increased regulation is unlikely to result in further sustainable transformation, writes BASA managing director Bongiwe Kunene. Already, banks’ financing of transformation and inclusive economic growth far exceed what is required of them by legislation and banks are likely to be able to do much more if there is a supportive operating environment for business and an expanding economy.
Read MoreJoint meeting PC on Trade and Industry and Standing Committee on Finance Presentation
Read MoreNational Treasury Will Take Necessary Measures To Protect Retail Depositors Following Prudential Authority’s Application to Liquidate Ithala
Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that depositors may be concerned about the safety of their funds.
Read MoreProtecting Your Business: Understanding and Mitigating the Risks of Business Email Compromise (BEC)
Cybercrime like BEC involves hackers accessing email accounts to steal information. Symptoms include spam complaints, missing emails, and login issues. Keep your security software current and inform your contacts immediately if you experience a hack.
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