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Following the South African Reserve Bank’s (SARB) decision to cut its lending rate by 0.25%, FNB will be reducing its prime lending rate to 7% from 7.25% with effect from Friday 24 July.
While South African citizens are encouraged to remain indoors and work from their homes as a result of COVID-19, research around the world also highlights that senior citizens are among the most vulnerable to the pandemic.
The strongest deterrent against FSP compliance missteps is or should be: