Standard Bank [JSE:SBK] says lower transaction volumes due to depressed spending during the lockdown, coupled with decreased loans and debt relief for customers have negatively impacted its earnings by some R2 billion.In June, Africa's largest lender had already detailed in another trading update how the lockdown had put the brakes on ATM volumes. It added then…
Kuben Naidoo Freddy Mavunda/Business Day South African banks will probably have to raise further provisions for bad loans as measures to contain the coronavirus weigh on the struggling economy, hindering the ability of customers to repay loans."We have a pretty good handle on the banks’ estimates of non-performing loans and they have all raised provisions…
As a voting block, four major banks have the majority when it comes to voting on a rescue plan for SAA.A legal point of debate centres on whether they can really be regarded as being independent creditors as required by the Companies Act.This is because they hold government guarantees for the total of R16.4 billion…
A worried owner of a small business. Most banks offered a three-month debt repayment holiday from March/April. But this will end in June.Yet the latest survey by TransUnion shows 91% of respondents are worried about their ability to repay their debts and bills.Absa, FNB, Nedbank and Investec have said they will work with their clients,…
3 min read Over the past few years, a number of celebrities have publicly come out as pansexual,including Wayne Brady, Miley Cyrus, Panic! At The Disco frontman Brendan Urie, model and actress Cara Delevingne, pop star Kesha, and perhaps most famously singer Janelle Monáe, who eschewed all sexual labels in favor of describing herself as
TOPLINE: A Danish study found that replacing the conventional fluorine-18 sodium fluoride (18F-NaF) PET/CT ("NaF" scan for short) with fluorine-18 prostate-specific membrane antigen-1007 (18F-PSMA) PET/CT ("PSMA" scan for short) for the staging of high-risk prostate cancer resulted in significant metastatic stage migration and the alteration of treatment plans in a significant number of patients, thereby
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