Lending landscape improves as consumer optimism rebounds
Oct 26, 2020
2 minutes
BY HAMLET HLOMENDLINI
The COVID-19 pandemic has triggered the deepest global recession seen in decades. According to the World Bank, while the ultimate outcome is still uncertain, the pandemic will result in contractions across the vast majority of emerging market and developing economies of more than 5% this year.
In South Africa, the economy is expected to contract between 6% and 10%, with all
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