June 22, 2025

money

Banking

AI-powered banking scams are on the rise in SA

Sabric has warned consumers of the rise in AI-powered banking scams after one South African was scammed out of R6 million.  ronniechua / iStock Imagine getting a WhatsApp message from your bank. The logo is spot-on, the language is professional, and the person on the other end sounds exactly like a real bank employee. They

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Investors

US Markets Decline After Trump Refuses To Rule Out Recession Fears: Here’s What Advisers Want Investors To Do

US President Donald Trump‘s tariff plans and refusal to rule out an economic downturn prolonged the ongoing volatility in US stock markets. ‘Look, we’re going to have disruption, but we’re OK with that,’ he said earlier this week on the Fox News show’ Sunday Morning Futures.’ These developments took a toll on investor confidence, reflected

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