South Africa’s deteriorating economy may lead to an increase in bad loans, according to the administrator of African Bank Investments, the South African lender which plans to restart operations in two months after being nursed back to health since its collapse in August 2014. “There’s been no unexpected uptick in bad debts, but one is obviously concerned,” Tom Winterboer, African Bank’s administrator, said by phone from Johannesburg on Thursday.<\/p>\n
Read the full article by here:<\/strong> Johannesburg, South Africa News<\/p>\n Submit and get free press releases here:<\/strong> MyPR Free Press Release.<\/p>\n Click HERE to submit your Johannesburg or Gauteng Press Release.<\/p>\n \n Read more on:<\/strong> MyJHB<\/a> Read more on MyJHB<\/a>.<\/p>\n Join the fun:<\/strong> Add Your event<\/a> | Submit a Press Release<\/a> | Add your listing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" South Africa’s deteriorating economy may lead to an increase in bad loans, according to the administrator of African Bank Investments, the South African lender which plans to restart operations in two months after being nursed back to health since its collapse in August 2014. “There’s been no unexpected uptick in bad debts, but one is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3332],"tags":[3050,463,1850,3625,5321],"class_list":{"0":"post-63702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-johannesburg-south-africa","7":"tag-african","8":"tag-april","9":"tag-bank","10":"tag-ready","11":"tag-return","12":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/63702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=63702"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/63702\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=63702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=63702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=63702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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