IMF slashes South Africa’s growth forecast to 1% amid logistical challenges
The International Monetary Fund downgraded its economic-growth forecasts for SA, warning that logistical challenges are constraining activity
The International Monetary Fund downgraded its economic-growth forecasts for SA, warning that logistical challenges are constraining activity
Most South African banks don’t charge additional transaction fees for rand-based payments to international merchants.
Jean Pierre, best known for his successful shorts of African Bank and Steinhoff, gives his insights on the local and offshore equity markets.
African Bank stakeholders are advised that Basani Maluleke has resigned and will serve out her notice period until 30 April 2021.
In this podcast, Alec Hogg and Dave Woollam discuss how unsecured debt is a major risk to the economy.
African Bank is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the South African lender from its collapsed former parent.
African Bank is pleased to announce the appointment of Thabo Dloti as a non-executive director and chairperson of the Boards.
African Bank reported full year numbers to end September this morning showing its turnaround is on track two and a half years after resuscitating the imploded bank.
After yesterday’s interim results, Alec had a close look at African Bank’s numbers. And got a pleasant surprise. Suddenly the billboards offering a market topping 10.5% interest rate make sense.
As African Bank only emerged from curatorship in April 2016, this set of financials is the very first where numbers can be directly compared on a like-for-like basis.