DStv Channel 403 Thursday, 13 February 2025

Credit lending practices | Major banks meet with Parliamentary Committees

JOHANNESBURG - Major banks have met with Parliamentary Committees to explain their lending practices.

This following concerns that it is easier to borrow money for consumption than it is for production.

it's believed this practice disempowers previously disadvantaged people.

To tell us more about the meeting is Mzwandile Masina, chairperson of the portfolio committee on Trade, Industry, and Competition.

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