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Absa Group Limited (OTCMKTS:AGRPY – Get Rating) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the May 15th total of 100 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio […]
South Africa’s reliance on deep local markets to finance most government borrowing is no longer a given. Domestic investors are demanding ever-higher yields as foreigners pull back from the market, just as the National Treasury gears up to refinance almost R1-trillion of debt over the next three years. That’s raised alarm bells at the South African Reserve Bank, which warned last month that the growing reluctance from domestic investors to continue absorbing government issuance could drive borrowing costs even higher.
South Africa’s reliance on deep local markets to finance most government borrowing is no longer a given.
South Africa Life Insurance Market Insights Predict Growth at a CAGR of Over 5% During 2021-2026 |GlobalData Plc
Experts from Absa outline the challenges that SMEs face and how they are supporting them.