South Africa’s Standard Bank says it would pay its 2019 dividend of 540 cents per share. This comes after the central bank clarified that guidance to scrap shareholder returns did not apply to dividends already declared. The South African Reserve Bank said earlier this week it had asked lenders to put dividends on hold due to the coronavirus outbreak. However, laws in South Africa mean that where a dividend has already been declared there is a legal obligation to pay. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices