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Business BagelThe state bank that pays out social grants blames a R44.5 million SARS interest charge for its loss, but its fee income halved under a Reserve Bank restriction and a write-back from Land Bank repayments held up what was left.
Business BagelThe Reserve Bank's direct investment figure more than doubled in the second quarter on one telecoms company's loan from its foreign parent, while Stats SA counted 14,000 fewer formal jobs.