Browsing: Postbank

The South African Reserve Bank has approved the Post Office’s first-level application for a banking licence for Postbank. The awarding of the licence means that the Postbank is closer to offering more than just savings accounts as it will

The South African Post Office has warned customers of a scam doing the rounds where people are duped into handing over money to criminals. “The Post Office warns members of the public to be on alert

On 21 May, South Africans will get to hear telecommunications & postal services minister Siyabonga Cwele deliver his second budget vote speech. It will be a report card for a minister who has been in the role for precisely a year. He is unlikely to

Former Gautrain Management Agency (GMA) employee and fraud accused Obakeng Israel Busang’s bail application was postponed in the Johannesburg specialised commercial crimes court on Tuesday. Judge Jerry van Vuuren postponed the matter to 11 December due to an overloaded court roll

Communications minister Dina Pule has outlined her department’s top five priorities and, surprisingly, the allocation of radio frequency spectrum is not among them. The minister outlined the priorities in a presentation to parliament on Wednesday in which she outlined the department

Communications minister Dina Pule has appointed a new board for the controversy-plagued Universal Service & Access Agency of SA (Usaasa), the state-owned agency that is charged with ensuring all South Africans have access to communications

Banks that can’t stay on top of credit card fraud risk losing customers as well as incurring reputational damage over and above the financial implications of being defrauded. Moreover, credit card fraud appears to be on the rise. These are the views of Colin Hill, senior solutions manager for financial crimes and risk management

The theft of R42m from the SPost Office’s financial institution, Postbank, was condemned by parliament’s communications portfolio committee on Monday. Portfolio chairman Eric Kholwane said the bank’s security network needed to be tightened to prevent such a “hi-tech cyber heist”. He appreciated