FNB under fire over Black Friday outage and Parliament money-laundering allegations
FNB faces scrutiny after a nationwide Black Friday outage and claims in Parliament that it enabled money laundering linked to an alleged bribe to Bheki Cele.
FNB faces scrutiny after a nationwide Black Friday outage and claims in Parliament that it enabled money laundering linked to an alleged bribe to Bheki Cele.
FirstRand has acquired a 20% stake in Optasia, a Dubai-based fintech company working with MTN, Vodacom and Standard Bank in South Africa, ahead of its upcoming JSE listing.
FNB has temporarily closed its Germiston branch after a sophisticated tunnel heist; police and forensic teams continue investigations.
The outage, which began around 12:30, led to a surge in reports of issues with FNB’s services, according to live tracking data from Down Detector.