South Africa: SARB Joins the Chorus - Save Dividends for Another Day

7 April 2020

analysis By Sasha Planting

As companies around the world hold back on paying dividends, the SA Reserve Bank guides banks to refrain from paying dividends and bonuses in 2020.

The South African Reserve Bank has issued an instruction to the SA banking community that no dividends should be paid to shareholders and no bonuses paid to executive officers in 2020.

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