Covid-19 impact sends banks into tailspin with huge drop in profits

Cape Town in the news:

• Covid-19 impact sends banks into tailspin with huge drop in profits: Banks have been hit hard by the Covid-19 pandemic, with combined headline earnings falling 65.5 percent in the first half of this year compared with the same period last year, as consumers struggle to …: “Cape Town” – BingNews
  
• On the Road: Ascension Island: Bill Murray In last month’s column we sailed from Walvis Bay, Namibia, to St. Helena Island, 1800 miles from Angola, 1200 from Brazil, in the middle of the South Atlantic Ocean. This month we continue …: “Cape Town” – BingNews
  
• Nigeria: Premium Times Uncovers Massive Referral Kickback Scam of Nigerian Doctors, Hospitals, Diagnostic Centres: A PREMIUM TIMES investigation has exposed a massive referral kickback scheme showing how the country’s top diagnostic service providers, medical doctors and hospitals steal billions of naira yearly …: “Cape Town” – BingNews
  
• Nine startups selected for next phase of UCT GSB e-Track Venture Exploitation Programme: Nine South African startups participating in the latest (VEP) at the UCT Graduate School of Business (UCT GSB) Solution Space have made the cut to progress to the third round of the schools e-Track …: “Cape Town” – BingNews
  

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Fun Western Cape Fact: With a total area of 129 370 square kilometres, the Western Cape is roughly the size of Greece. It’s the country’s fourth-largest province, only slightly smaller than the Free State, taking up 10.6% of South Africa’s land area and with a mid-2006 population of 4.7-million people.

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