WATCH: Local banks deliver upbeat results

SA banks have recorded a strong earnings season after  benefiting from rising interest rates. This has assisted major banks such as Capitec, Nedbank, Absa, Standard Bank and FNB — which is owned by FirstRand — to deliver upbeat profits and hefty payouts.

Business Day TV discussed whether these earnings were sustainable with senior equity analyst at Ashburton Investments, Daniel Masvosvere.