Top East African banks increased provisions for bad debts by over $736 million in 2020 to reduce exposure on household and business loans in the countries ravaged by the Covid-19 pandemic, affecting impacting profitability and returns to shareholders.
Browsing: South Africa
Ahead of the 2021 Easter celebrations, the South African government on Tuesday announced that gatherings will be allowed. Cyril Ramaphosa, South Africa’s President made the announcement…
The rate at which places and homes were looted shot through tin roofs in South Africa during the coronavirus lockdown with looters making off with about…
The Falcons of Jediane will be back to Africa’s biggest football showpiece ten years after their last appearance, as they overcame South Africa in their last…
South Africa’s former president, Jacob Zuma again failed to appear before the Zondo commission in Johannesburg on Thursday. The commission wants the highest court in the…
Rwanda on Sunday announced it has discovered South African and UK strains of COVID-19 in the country. Minister of Health, Daniel Ngamije announced in a televised…
South Africa’s Information Regulator (IR) has on Wednesday, stopped Facebook Inc from sharing contacts’ information on WhatsApp to its other properties including Messenger and Instagram without…
Anticipation, and many other emotions had run wild among South Africans before Finance Minister, Tito Mboweni read out the 2021 budget proposal. Even organised labour prepared…
Fatalities from COVID-19 in Africa have passed the 100,000 mark according to new dat released by the Africa Centre for Disease Control (Africa CDC). The continent…
South Africa’s former president, Jacob Zuma, on Monday, failed to attend an inquiry probing allegations of high-level corruption during his nine years in office. News Central…