Absa is reporting an increase in interim earnings. The bank is now resuming dividend payments. Group headline earnings grew five-fold to R8.6-billion. The bank says it is now in a better position than before the pandemic.
It attributes the growth to customer support and preserving capital and liquidity but it warns there are still risks in the short term. The group also expects the country’s economy to grow by four percent, after last year’s seven-percent decline.
In other news – Thuli Phongolo reacts to rumours claiming she is dating Master KG
Thuli Phongolo has reacted to rumours that she is dating Master KG. This is coming after the star commented under Master KG’s post.
Master KG asked if it is acceptable for men to date older women. “Is it a bad thing for always falling for people older than you as A Guy? Learn more