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Standard Bank withdraws vaccine mandate


Standard Bank South Africa has withdrawn its COVID-19 vaccination policy with immediate effect.

Standard Bank South Africa Chief Executive, Lungisa Fuzile, informed employees last month that the country had reached a significant milestone in managing the COVID-19 pandemic, and that the bank would be revising some of its safety measures and the existing COVID-19 policy and protocols, adding that 95% of their workforce was vaccinated.

In reviewing its policy, the bank took a range of factors into account, including recent regulatory developments, the current state of the pandemic in South Africa, and the high vaccination rate amongst its employees.

Consequentially, it is no longer compulsory for employees to be vaccinated, or to produce a negative PCR or Rapid Antigen test if they are unvaccinated, in order to enter our premises," said Fuzile.

Standard Bank, however, made no mention of the 40 staff members who were fired earlier this year for refusing to take the jab.

On Monday, Finance Union, SASBO warned the Bank to reverse the dismissals or they would take the matter to court.