SA Reserve Bank governor Lesetja Kganyago. Picture: Freddy Mavunda/Business Day
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The SA Reserve Bank has launched a Corporation for Deposit Insurance in a bid to safeguard bank depositors via this newly established deposit insurance scheme which provides cover of up to R100, 000 for qualifying deposits should a bank fail. Business Day TV caught up with Sabihah Mohamed, CEO of the Corporation for Deposit Insurance to find out more.
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