South African banking group FirstRand on Friday said it was not in talks with a Chinese bank over selling a stake. "We are not in discussions with a Chinese bank," FirstRand spokesperson Sam Moss said. Shares in FirstRand rose earlier on Friday after the China Daily reported that a state-owned Chinese bank was in talks to buy a stake in First National Bank.
In a series of three ATM bombings in less than half a day in Gauteng, gangs of robbers on Friday morning made off with undisclosed sums of cash. In Strijdompark in Randburg, a Standard Bank ATM was blown up at the Motor City Centre, Gauteng police said. ATMs in Atteridgeville and Orange Farm were also targeted.
Telkom's corporate and global customers have been made aware of a new refund scam which is currently doing the rounds, the listed telecoms giant said on Monday. The modus operandi involved the criminals pretending to be Reuben September, Telkom's CEO.