Due to the COVID-19 pandemic putting financial strain on individuals, many South African banks are offering customers a three-month payment holiday on their debt. This however, may not be a viable option for small businesses as a term extension on loans may cause more harm than good. FNB has now created a Cashflow Relief Plan instead which will serve to be more cost effective than a straight term extension on loan repayments, joining CNBC Africa for more is Doret Jooste, CEO of FNB Retail Money Management.
By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to...
By Kariuki Ngari, CEO & Managing Director, Standard Chartered, Kenya & East Africa COVID-19 has upended the social and...
Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.
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