South Africa will struggle to bring down its soaring levels of public debt, set to reach 80% of gross domestic product this year, due to the impact of the record economic contraction on tax revenues, …
Loans are about to ‘peak’ in South Africa: banking association – The Banking Association of South Africa (Basa) says that applications for Covid-19 loans are expected to peak soon, due to …
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Africa’s Biggest Bank to Resume Dividends From Surplus Cash – FirstRand Ltd. is keen to resume dividend payments once South African regulators give the go ahead to draw down surplus cash at the continent’s largest bank by market value.
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