SA bank looted by some of its own executives - and a king

Bank Statements seen by the City Press show that while VBS Mutual Bank lost R1.5 billion of municipalities' money, some of its executives were drawing millions to pay for luxury lifestyles. 24-06-2018 BusinessTech NetSuite is the number one cloud ERP and offers one unified business management suite encompassing ERP, financials, CRM and ecommerce. [Request a free product tour](. BusinessTech Top Articles [More news >>]( [VBS Bank was looted by some of its own executives – and a king: report]( Bank Statements seen by the City Press show that while VBS Mutual Bank lost R1.5 billion of municipalities' money, some of its executives were drawing millions to pay for luxury lifestyles. [Here’s how much South Africans are saving up for a house deposit]( The actual amount of cash required as a deposit has gone up by almost 6% in the last 12 months. [The types of South African executives most at risk of losing their jobs to automation]( With an estimated two thirds of jobs in South Africa at risk of automation, it would be naïve for organisational leaders and managers to think their positions are immune, [Eskom warns over long term load shedding]( Power utility Eskom has warned that load shedding could be a reality for the next five years, the City Press reported. [You can sleep in Knysna’s castle on the beach for R110,000 a night]( If you've ever wanted to spend a weekend in your own private castle, this unique listing on Airbnb for a stay at the Pezula Castle in Knysna might be just for you. [8 ways to reduce your car insurance premiums]( Statistics show that you are more likely to have an accident in the first year after getting your driver’s licence than at any other time in your motoring career, With MSI's variety of killer motherboards, you can build a dope PC without getting broke. [Check out](. these budget-friendly and good gaming PC builds. #DOPENOTBROKE. Other news you may have missed [“I didn’t know I was harassing you” won’t fly as a defence in workplace sexual harassment cases in SA]( A new case highlights how the CCMA almost let an employee get away with sexual harassment in the workplace - but the Labour Court was having none of it. [The 8 companies on which Naspers spent R28 billion]( Over the last year Naspers invested $2.2 billion in new opportunities – here is where it spent most of its money. [I am not a big fan of the WOAN – Telkom CEO]( Telkom CEO Sipho Maseko has outlined his logic behind supporting government's wireless open access network (WOAN). [How long it should take to get your home loan approved]( Stanley Mabulu, channel management head at FNB Home Loans says the amount of time it takes for a home loan application to be approved often depends on several factors, impacting both the bank and customers. Partner Content [The easiest, most innovative way to bank – FNB banking app’s new features]( FNB has launched new tools and functionalities on the FNB app, making banking easier, paperless, and queue-free. [No substitute for true, licensed wireless connectivity]( New spectrum has been allocated, new operators have been licensed, new technology has emerged, and new networks have been established. [Adobe drops Creative Cloud all-apps price for K-12 schools]( This month local Adobe distributor, Dax Data announced new Creative Cloud pricing for K-12 schools, significantly reducing the cost of the suite from $35 to just $5 per student per year. For the past 22 years, [Netshield]( has helped installers to add value to their installations through supplying quality fibre connectivity products. [Twitter]( | [Facebook]( | [RSS]( [Unsubscribe]( • [Update Profile]( • [View PDF]( • [Pause Subscription]( • [View Online]( This email was sent to {EMAIL} on 24-06-2018 [MyBroadband]( is intended for opt-in communication only. If you feel this email is unsolicited please [report it]( to us Email Powered By [MyBroadband](