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Tag: deposit insurance

Deposit insurance body established to protect bank depositors

The South African Reserve Bank (SARB) has established South Africa’s first deposit insurance body to protect bank depositors and bring further confidence to a resilient financial sector. The Reserve Bank said the...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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