NDB extends losses on industry headwinds

Thursday, December 15, 2016

In the end: Morapedi is heading to transformation of NDB

The National Development Bank (NDB) has recorded a loss of P6.2 million for the half-year ended September 2016 adding to the P21 million deficit the bank suffered in the full year to March 2016.

The half-year loss compares negatively to a profit of P2.4 million recorded for the same period in 2015.

The bank attributed the loss to challenges in the banking industry with regards to increasing defaulters and tight liquidity.

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NDB extends losses on industry headwinds

The National Development Bank (NDB) has recorded a loss of P6.2 million for the half-year ended September 2016 adding to the P21 million deficit the bank suffered in the full year to March 2016.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!