Postbank
latest news & developments
Spyware attacks in South Africa increase by 18.8%
More than half of South African firms have been affected by ransomware in the past year
Postbank’s irregular spending rises by R118 million
Poor leadership and accountability hindered the entity from developing proper procedures to deal with those responsible for mismanagement and fraud
Post Office owes R842m to worker pension fund and medical aid
There is growing concern about a possible liquidation of the entity should it not be repurposed
‘The ANC isn’t in charge – we are’
The red-beret-in-chief paints the ruling party as a lapdog slavishly following the EFF’s lead
Sassa to start paying grants through Postbank in February
Sassa will for the first time make electronic payments to social grant beneficiaries through its new corporate Postbank account on February 1
New kids disrupt SA banking
Fledgling banks can offer client-centric systems that are leaner than their traditional counterparts
The taxing issue of a state bank
Its goals, management, source of funds and who will cover any losses are key questions that have to be raised.
Three arrested for R42m Post Bank theft
Three people, allegedly part of a syndicate involved in the theft of R42-million from the Postbank, have been arrested.
Sabric stays mum on R42m Postbank heist
The South African Banking Risk Information Centre says it is unable to comment on the recent hi-tech cyber heist of R42-million from the Postbank.
Government may list Postbank
Postbank, a business unit of the SA Post Office, may be transformed into a separate company within three years, a newspaper reported on Tuesday.