Desperate South Africans have fallen victim to solar energy scams, according to the SA Banking Risk Information Centre. And according to the Institute for Security Studies, there has also been an increase in house burglaries and robberies during load shedding.

According to Sabric CEO Nischal Mewalall, the impact of load shedding on the banking industry had been an area of specific focus and planning for quite a while. He says what happens with load shedding has direct implications on the way a bank or the way an entire industry manages risks.

 

GUEST [PHONE]

Guest: Nischal Mewalall CEO of SABRIC