Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth, African Development Bank ...

In this brief I will give a short review of the overall debt risk currently facing South Africa, followed by a summary of the Chinese loans taken on so far and the reasons given by government for ...

The overall number of retail loans grew by 441,000 this quarter to nearly 25 million retail accounts held by roughly 14 million individuals ...

China has written off an unspecified amount of Zimbabwe's interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a ...

South Africa has some of the best wind and solar resources in the world. There is no need to force a shift from coal to gas. Instead, South Africa needs to transition to renewable energy plus backup, ...

South Africa’s big banks see a chance to put together deals with the government and businesses – but not everyone will easily find access to finance.

The country could experience a technical recession if the South African Reserve Bank (Sarb) continues to keep interest rates higher than what is required.

South Africa’s big banks are closing their lending taps due to a rise in nonperforming loans but are still willing to extend credit to certain sectors and wealthy individuals. Standard Bank South ...

Absa, FirstRand, Nedbank, and Standard Bank – are expected to suffer a loss of R53 billion due to non-performing loans, as their credit loss ratios are expected to rise in 2024. This is according to ...

PF highlights some quick reads for this week.

Brazilian police have arrested a woman who tried to take out a bank loan for a man she was pushing in a wheelchair who turned out to be dead.

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