In the wake of the VBS Mutual Bank scandal, the potential for rumour and panic is very high. It might even pose a threat to confidence in SA’s banking system.
With the EFF being implicated it is also likely that its president Julius Malema will ramp up the rhetoric, further destabilising the situation.
A true president would immediately take control of the situation and start communicating with the public, clearly and often. President Cyril Ramaphosa has not done this.