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Saturday, May 25, 2019

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Tag: Banks

This is how land expropriation can cripple banks

Land expropriation without compensation may possibly cause a devastating banking crisis, says Head of Business Development at independent investment banking firm Bravura, Ian Matthews. Matthews warns against the systemic repercussions...

South Africa’s banks are preparing for the worst

South African banks are preparing for the worst when it comes to the threat of another downgrade of the country’s debt. “FirstRand anticipated the downgrades since 2015 and has been...

Local banks demand R5 billion leaving SAA in distress

The embattled national carrier, South African Airways (SAA) has until the end of October 2017 to honour another R5bn debt obligation, this time to local lenders. In a report to...

Hellopeter reveals how much South Africans like their banks

Banks take on average 31 hours and 56 minutes to respond to customer complaints. This is according to a report released on Tuesday by the online business review website Hellopeter....

Old Mutual to list not sell businesses in split

Anglo-South African financial services group Old Mutual (OML.L) aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of...

LAST 7 DAYS

New white paper from WMFTG concludes peristaltic hose pumps enhance precious...

When it comes to pumps, there are many challenges associated with precious metal mining applications. For instance, there is a high degree of difficulty...

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