The distressing Stats SA news of a 3.2 % shrinkage of GDP in the first quarter does not bode well for the appalling unemployment situation in the country.
On the back of this devastating news, Standard Bank has announced plans to close 104 branches across the country, claiming in a public statement that this is “to align retail and business banking services to allow banking at any time, from anywhere”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.