SADC banks survive crisis

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Exactly a year after the US economy started its downward slide due to the dramatic collapse of investment bank Lehman Brothers that wreaked havoc on both Wall Street and Main Street, financial institutions here have been advised to learn from the demise.

Speaking at the maiden Annual Southern Africa Banking Conference yesterday, the Managing Director of the Banking Association of South Africa Cas Coovadia said financial institutions should take stock and look at the opportunities that will arise after the global recession.

"There is no doubt that the world of finance has changed for good," Coovadia told delegates representing financial institutions from the region at the two-day conference at the GICC.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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