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BizcommunityWhile many financial institutions are closing branches, Atlas Finance is expanding its physical footprint, reaching 300 stores nationwide. The milestone reflects the short-term loan provider’s strategy to improve access to credit and strengthen financial inclusion in underserved communities.
News24 BusinessUS credit ratings giant Moody’s expects the government of national unity to survive the upcoming local elections, the ANC’s presidential contest next year, and the 2029 national elections.
The CitizenLender's credit loss ratio increased to 95 basis points from 81 the previous year.
The CitizenThe review of Johannesburg's credit rating was the result of a delay in producing audited financial statements.
The CitizenRatings agency Global Credit Rating last week adjusted Johannesburg's ratings outlook to negative due a lack of audited financial statements.
The CitizenAfter years of structural issues, Edgars’ new strategy centres on smaller stores, improved margins and reduced credit exposure.
The CitizenAlthough prices and everything else have gone up, salaries did not keep up and neither did the requirements to qualify for credit.