South African lender Capitec Bank CPIJ.J said on Tuesday its loan losses in retail banking will likely shrink to within its target range in 2025, as its full-year profit rose by 16%, sending its share ...

Africa's $824 billion debt burden and opaque resource-backed loans hinder its potential, African Development Bank President warns ...

Capitec Bank projects retail loan losses to align with targets by 2025. Despite rising impairments, profits increased 16%, boosting shares by ...

South Africa’s four major banks are projected to lose around R53 billion due to non-performing loans. This is due to the fact that their credit loss ratios are expected to rise in 2024.

African countries will pay $74-billion in debt service payments this year, which is a sharp increase from $17-billion in 2010, and the continent's economic potential is being undermined by ...

Could South Africa be an exception and avoid repayment difficulties ... It would therefore be prudent for the government to plan its infrastructure spend to be below the total initial amount of the ...

Accessing credit can be incredibly beneficial for many South Africans, but consumers must ... available to alleviate the financial pressures: Loans are when someone borrows from a lender or ...

South Africa is seeking potential minority investors and access to capital markets and loan financing for South African Airways for more rapid expansion, following the collapse of a previous ...

Articles and other information on Daily Investor is for information purposes only and is not financial or investment advice. It should not be seen as a recommendation to buy shares in any company. Our ...

This means many South African consumers are paying far more on their mortgages and other loans than they did just two years ago. In addition, South Africans have seen both the price of fuel and ...

Capitec has joined the long list of South African banks that have seen an increase in credit impairments over the last year.

As reported by The South African website, the phenomenon was not visible from South Africa. Total solar eclipses occur when the moon completely covers the sun. The area where a total solar eclipse ...