Absa to implement landmark B-BBEE transaction - POLITICS
Bank says this will increase black ownership and benefitting communities and staff
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Bank says this will increase black ownership and benefitting communities and staff
South Africa's Standard Bank, its Zimbabwean unit, and Absa Group authorized a $193.3 million loan for Zimbabwe, which is designed to finance public health facilities, Zimbabwean Finance Minister Mthuli Ncube has said.
Years of underinvestment and economic stagnation have meant that Zimbabwe has one of world’s most run-down health systems.
NaakMusiQ is topping trends after he shared a series of pictures with South African billionaire Patrice Motsepe.
It makes sense for banks to invest in communities and practically show empathy during tough times, writes Absa Group CEO Arrie Rautenbach.