NBK deposits dropped to Sh82.5 billion in September from Sh91.3 billion in June, a period when the market had knowledge of the merger crafted as rescue deal aimed at pulling the mid-tier lender out of its perennial low liquidity troubles.
If Moody’s does downgrade South Africa, rand bonds will be excluded from the FTSE World Government Bond Indexes, which comprise 14 currencies including the dollar and yen, and have about $3 trillion tracking them.
This will include supporting the early stage development and project finance of renewable energy projects, as well as the development of financing mechanisms to allow access to smaller-scale sustainable energy and energy-efficient appliances for household
The survey of economic trends, conducted by the Bureau of Economic Research, rose to 48.1 points, from 45.1 reported in September.
Following the study, PASA developed a system it calls the “Debit Order Abuse business capability”, which launched in March 2019.
Africa is of great strategic significance to IQ-EQ; we have 375 professionals based in the region, across Mauritius, South Africa and Kenya.
Van der Merwe says it is never too early to start making provision for retirement. To maintain your standard of living, a proper retirement plan will help to ensure sufficient income once permanent employment is no longer an option.