Mail & Guardian
Mail & Guardian

Liquidity

latest news & developments
Of all claims received, R12.6-billion has been paid out as of 15 November, with a target of settling 80% of claims up to R60-million by March 2022. (Photo by GUILLEM SARTORIO/AFP via Getty Images)
CEDRIC MASONDO

State-insurer Sasria receives R32bn in claims relating to July unrest

Sasria says it has paid out R12.6-billion in claims. The state-owned insurer said will be profitable by 2022, thanks to treasury’s additional R11-billion allocation

  • Anathi Madubela
2 min read
Banks are under pressure from governments and entrepreneurs to play a more active role in supporting investment and industrialisation by directly lending to sectors driving growth and jobs.
ABSA

SA’s biggest banks remain resilient amid Covid-19 shocks

The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling

  • Sarah Smit
6 min read
The old Zimbabwe dollar was abandoned for the US dollar in 2009.
LIQUIDITY

Liquidity crisis puts Zim economy at risk

Warning bells are sounding in Zimbabwe as cheap imports replace locally made products and the manufacturing sector stagnates.

  • Kennedy Maposa
3 min read
Blues as banks hunt for customers
BASEL III

Blues as banks hunt for customers

New liquidity rules will force South Africa’s banks to change their funding strategies and this will negatively affect growth.

  • Lynley Donnelly
6 min read