FirstRand exposes a vulnerability in South Africa's financial system
MONEYWEB app instead? FirstRand exposes a vulnerability in South Africaâs financial system The banking sector is seemingly being held hostage by a relative handful of people able to cope with its complexities. But there is at least one way around this. 00:01 Open: Open: The industryâs executive placement strategy leaves everyone else â from the banking public to shareholders, even the Reserve Bank â horribly exposed. Image: Dwayne Senior, Bloomberg It might be that, a few years down the track, FirstRandâs âCovid instrumentâ proves not to be the most g...
Source: moneyweb.co.za