Absa Group Ltd.’s profit fell for the first time since 2020 after the South African lender’s bad loans jumped at home amid a tepid recovery in consumer confidence and high borrowing costs.
Adelaide Changole is a markets reporter for various publications including Yahoo Finance, Moneyweb, Asset Magazine, Bloomberg News, and BNN Bloomberg. With a focus on finance and business news, Adelaide's articles cover a range of topics including market analysis, investment opportunities, economic developments, and corporate news.