Live Breaking News & Updates on South African Banks Split

Bank Dividend Talk Still a Non-Starter for South Africa Watchdog
Roxanne Henderson, Bloomberg News
Skyscraper office buildings in the Sandton area stand on the skyline beyond residential housing in the Alexandra township in Johannesburg, South Africa, on Thursday, June 11, 2020. The near-decade of mismanagement and corruption under former President Jacob Zuma combined with the coronavirus outbreak and loss of South Africa’s investment-grade rating have left the economy in its worst state in the democratic era. Photographer: Waldo Swiegers/Bloomberg
, Bloomberg
(Bloomberg) South Africa’s banking regulator isn’t even ready to consider withdrawing its advice that no dividend payouts be made, unlike counterparts in Europe, as a second coronavirus wave stirs uncertainty over the economy’s outlook. ....

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