South Africa: No Rosy Prospects on Debt as Big Banks Start Reporting Interims

South Africa: No Rosy Prospects on Debt as Big Banks Start Reporting Interims
THE next fortnight is the biggest of the year for SA’s banks. The big four will be reporting their results for the past six months (full-year in the case of FirstRand , which will report a bit later), a critical moment of assessment for investors. The focus of attention will be on bad debts, and the prospects are not looking rosy.

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