DW Business November 25, 2019 23:40:00
Credit amendment bill has been signed into law it will provide debt relief to those on a low income but managing director of the south african banking association cask vaadia believes the bill will do anything but bring relief he fears it could cost banks up to a $1000000000.00 euros and ultimately deny the poor access to formal credit channels . if either expand it obviously there's a cost to the bank and the bank to pay that and that's what brings a risk into the system that is what brings on certainty into the system as a result of that bank for a contract that ended in that particular mark...