Other industries suffer 'mixed implications'
The banking sector is said to have fared better than expected during the Coronavirus pandemic, largely due to support from the central bank.
Providing market insights on Kgori Capital’s third-quarter report, Portfolio Manager, Tshegofatso Tlhong revealed restrictions put in place to control the spread of Covid-19 have had mixed economic implications.
She noted some sectors have been decimated, some have thrived while others remain ‘somewhere in-between’.
According to Tlhong, one of the areas that remained resolute is the banking sector, wh...
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