Business Day TV speaks to senior equity analyst at Ashburton Investments, Daniel Masvosvere
04 October 2022 - 22:47
byBusiness Day TV
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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.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Local banks deliver upbeat results
Business Day TV speaks to senior equity analyst at Ashburton Investments, Daniel Masvosvere
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.
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