SARB’s Kuben Naidoo on how to prevent another VBS

PUBLISHED: Mon, 09 Jul 2018 15:22:54 GMT

VBS Mutual Bank depositors will now access their funds through Nedbank. This attempt by the reserve bank to assist depositors in accessing their funds will resume on Friday. The maximum amount has been upped from 1000 a day to 100 000. Joining CNBC Africa is Kuben Naidoo, Deputy Governor of the South African Reserve Bank.

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