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Absa highlights South Africa’s fragile economic recovery

JOHANNESBURG — ‘Fragile’ is the word used by Absa’s acting CEO, Jason Quinn, to describe South Africa’s economic recovery in the first half of this year. While the economic recovery, supported by lower interest rates, was better than expected in the first half, the risks remain outsized, and consumer and business confidence remain weak at […]

By The Standard Aug. 22, 2021

Absa highlights South Africa’s fragile economic recovery

JOHANNESBURG — ‘Fragile’ is the word used by Absa’s acting CEO, Jason Quinn, to describe South Africa’s economic recovery in the first half of this year. While the economic recovery, supported by lower interest rates, was better than expected in the first half, the risks remain outsized, and consumer and business confidence remain weak at […]

By The Standard Aug. 22, 2021