To raise the growth potential of the South African economy, additional reforms are required, specifically aimed at lifting productivity and increasing the efficiency of product and labour markets. Structural reforms, even when small, have in the past brought tangible benefits to our economy.
The bank informed the customer that unauthorised transactions were being suspected in his credit card account. The customer retorted that the transactions were taking place in bank’s books and not in his account as he had not carried out those transactions as the card was very much in his custody.