A higher cost of borrowing is generally good for bank profit margins – until it isn’t
The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling
The Freedom Front Plus (FF+) on Thursday called for a municipal state of emergency to be declared in Pretoria. ”A municipal state of emergency must be declared in terms of the Disaster Management Act number 57 of 2002 in order to prevent a waste disaster in Pretoria,” said the party’s Conrad Beyers.