NDB stops giving loans
Wednesday, March 11, 2015
NDB CEO Morapedi
Sources have disclosed that the bank is likely to declare a loss of between P10 million to P15 million.
Contrary to the bank’s claim of a clean bill of health, a special general meeting was held to communicate the opposite on January 14, 2015. The bank management specifically announced to staff that due to a lack of funds, loan disbursements in respect of all products were being stopped.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...