South Africans are getting better at spotting fraud
Scams are becoming increasingly convincing, aided by AI, with an astonishing 85% of South Africans encountering one in the past year, says Thalia Pillay of Orca Fraud.
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What if South Africa’s access to SWIFT is threatened?
The SA Reserve Bank says the threat of being excommunicated from SWIFT is more likely to focus on certain individuals rather than the country as a whole, but we should not take this lying down, says 80eight CEO Faadil Moti, as the experiences of Russia and Iran show that events can escalate quickly.