Garth Theunissen

Standard Bank was forced to temporarily block transactions in Brazil, after that country was linked to a recent spate of fraudulent attacks on its South African clients.

He understands the structural limitations that bedevil SA's growth and stability, yet the country's highly regarded central bank governor Lesetja Kganyago is doubling down on even lower inflation. Garth Theunissen examines the issue.

FNB clients will now be able to make near real-time payments within the Common Monetary Area of South Africa, Namibia, Lesotho and eSwatini.

Standard Bank has launched disciplinary proceedings against an employee who copied client data just one week after COO Margaret Nienaber said there was no evidence a spate of fraud incidents in July were due to an inside job.