Africa’s Spare Liquidity Flowing into Govts Debts…rather than the real economy – Absa Bank

Photo: Contributed   By: Nghiinomenwa-vali Hangala African banks are parking too much of their spare cash in government bonds, according to an assessment from Absa. Charles Russon, who oversees Absa’s operations across the continent, revealed this to The Africa Report onstage at the Africa Financial Summit in Luanda on Wednesday 4 November. “Too much spare…

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