BUSINESS WRAP 

Nolwandle Mthombeni 
Analyst at Mergence Investment Managers 

	•	Standard Bank says profit hit as credit quality of clients worsens
	•	Stats SA shows inflation slowed in March
	•	Sasol starts stake sale in R246bn Lake Charles chemical complex
	•	World Bank Sees Record 20% Drop in Remittances Due to Pandemic

BUSINESS WRAP Nolwandle Mthombeni Analyst at Mergence Investment Managers 	•	Standard Bank says profit hit as credit quality of clients worsens 	•	Stats SA shows inflation slowed in March 	•	Sasol starts stake sale in R246bn Lake Charles chemical complex 	•	World Bank Sees Record 20% Drop in Remittances Due to Pandemic

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