Risk of bad debts escalates in South Africa

David KayeAugust 19, 2019
Cyril M. Ramaphosa, Deputy President of South Africa at the World Economic Forum on Africa 2017 in Durban, South Africa, 2017.

Risk managers from the banking sector and beyond have voiced concerns about a new South African law allowing overindebted consumers to have payments suspended or scrapped.

Yesterday, President Cyril Ramaphosa signed the Na...

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David KayeAugust 19, 2019
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