06/16/2020

Absa restructures 26pc of net loans

This has led to layoffs, reduced cash flow for businesses and forced unpaid leaves, which have set the stage for loan defaults.

06/16/2020

Africa at risk of slipping into a Covid banking crisis

Policy makers have to make a very important balancing role between immediate needs of the economic crisis and how to restore confidence and build a well-capitalised banking industry that is better able to support growth in the future.