Nedbank published its financial results for the six months to end June on Wednesday, which showed a 202% jump in bad debt charges.The bank said it has made additional provisions for bad debt because it expects a 35% jump in unemployment for Q2 and a 40% contraction in Q2 GDP.But CEO Mike Brown said the…
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…
If you want a watch that looks good and doesn’t break the bank, the Timex Weekender is the perfect option. The 38mm case is an everyday size that feels light on the wrist. It comes with an easy-to-read dial and an interchangeable nylon strap that give it that casual, wear-it-with-anything appeal. It also has Timex’s
10 min read The following story contains spoilers for Lanterns through episode 6. AT THE CLIMAX of 2025’s Superman, a little boy begs the Man of Steel to come and save his countrymen from the forces of an invading military. The boy gets saved, but not by the Last Son of Krypton. Instead, an emerald
