Nedbank’s turnaround is taking shape – now comes the credit test
Lender's credit loss ratio increased to 95 basis points from 81 the previous year.
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Lender's credit loss ratio increased to 95 basis points from 81 the previous year.
We haven't written up this one. Moneyweb has the full story — the link below goes straight to it.
Every founder who has ever sat across a term sheet knows the unspoken rule of fundraising: growth solves everything. Miss a target, and the story shifts to “path to profitability.” Miss it twice, and investors start asking harder questions.
The U.S., Iran and Oman are closing in on an interim agreement to reopen the Strait of Hormuz, with the U.S. aiming for a Wednesday announcement, according to two regional sources and a U.S. official. Why it matters: The deal, which has been under negotiations for several weeks, is aimed at resuming the ceasefire between the U.S.
No consensus on content of agency agreement yet.
Malungelo Zilimbola, founder and chief executive of Mazi Asset Management, warns young investors against chasing stock tips and quick profits, arguing that today's culture of speculation is blurring…
Learns that Aarto Appeal Tribunal does in fact exist, with members appointed last September …
Eskom itself says the process will have to be managed carefully as this significant development will fundamentally alter the risk profile of its credit.