Can New Financial Technology Help South African Banks Manage Rising Bad Debt? – AFKInsider
Roadside call centre in Lagos. Photo: Akintunde Akinleye/Reuters South African banks are likely to be less profitable in 2017 amid a slow economy, increase in bad debts and rising capital costs. However, insurers are likely to profit from new technology. From News 24. Story by Godfrey Mutizwa With about 1 percent South African growth forecast for next…