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Friday, August 7, 2020

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Tag: loans

House prices are still in decline despite bigger and more loans in South Africa

House prices in South Africa have continued to drop when corrected for inflation even though the average percentage of the home price that a bank lends and the volume of mortgages...

South Africa to get around $790 million in loans from BRICS Bank

A development bank set up by the BRICS group of emerging economies has approved around $790 million of loans for three projects in South Africa, the bank's president said on Monday,...

BRICS New Development Bank to issue bonds in South Africa

The BRICS New Development Bank will issue bonds in South Africa and commercial paper in US dollars in the first half of 2019, the bank's President K.V. Kamathsaid on Wednesday. "Most of the work is done and it's basically...

Guptas siphoned R100m-plus from China loan, evidence shows

“The Chinese government are not just blessers. They are not just giving us money,” opposition leader Mmusi Maimane warned MPs last month. Maimane and other opposition politicians are skeptical of...

Data reveals credit providers’ reluctance to grant medium to high value Vehicle and Asset...

Economic factors that steered the country towards a near downgrade by international credit rating agencies have not only played a role in the weakening of the Rand, job losses and hikes...

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Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

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