Employees of the bank and those from other offices within the building have since been evacuated.
Five policemen are being briefed by a cop in plain clothes next to the @CapitecBankSA building. These men have just arrived. @SAPoliceService appears ready to move in. @WeekendArgus @IOL pic.twitter.com/U3XZow3Uvt
Asked what would happen if the suspect emerged from the building firing his weapon, Traut said "we are prepared".
He would not confirm how many police officers were on the ground. However, the K9 Unit is on scene, along with members of the City's Law Enforcement Unit.
Asked by @WeekendArgus if police are ready should the man come out firing, Traut says: "We're ready." the building is owned by Capitec for operations and also runs a bank on the ground floor. Police are pushing bystanders back. Bystanders say they didn't see anything @IOL pic.twitter.com/oZ7C2RBfFR