Intellidex senior banks analyst Nolwandle Mthombeni joins Zinathi Gquma on Business Day TV‘s News Leader to provide insight on the performance of South Africa’s banking sector and what this means in the long-term.
“If the rate environment is increasing it means that consumers are coming under pressure. This means that there will possibly be more impairments down the line and also the lending environment becomes more difficult,” says Nolwandle Mthombeni.
Watch the full discussion below.