Barclays Africa hit by bond arrears – Business Day
Barclays Africa, whose Absa bank is SA’s second-largest retail home loan provider, has reported a 77% surge in soured home loans – the first large bank to put a number on rising mortgage arrears as high interest rates make it increasingly difficult for households to afford their loan repayments. Meyrick Barker comments. view article
MTN revamp aims to boost client services – Bdlive
MTN SA will spend more than R300 million on a revamp of its 430 stores as part of a turnaround plan for the business, which reported weaker results for the six months to June. The aim is to digitise the stores to enable customers to do self-service, and to respond faster to queries. Aslam Dalvi comments. view […]
