The unsecured lender's interim results show a loss of R4.4-billion as its customers struggle to repay loans.
The world's biggest glossy paper manufacturer plans to push down its hefty debt burden and then resume paying dividends.
The massive amount of debt owed to municipalities by the public has become a serious problem, says a minister.
Despite causing the crash, the high priests of economics have never faced retribution and the same flawed theories are still taught in universities.
When banks offer bad debtors more credit, they put lives at risk, not just their own bottom line.
Research reveals the full extent of indebtedness — the ‘most urgent issue in international finance’.
The bank's stock fell 1% to R114.6 in early morning trading following the release of its results.
An audit of state agencies’ borrowing may rein in profligacy and graft, but will it slow the economy?
The United States is even worse than Greece, with a debt equivalent of 105% of GDP.
The US Treasury has stopped re-investing in a retirement fund, a major step in its efforts to avoid exceeding the debt ceiling.
Journalists waited outside Winnie Mandela's Soweto home for an auction to offset a debt, but were left hanging.
Former Ekurhuleni metro police chief Robert McBride is "heavily indebted" and needs to start looking for a job, according to a report.
The government is so worried about the levels of debt that it is considering extreme measures.
Gauteng has the highest consumer debt per capita of all nine provinces and accounts for almost half of total consumer debt in SA, says a new survey.
Endless stories are recounted by garnishee administration companies about staff members going home empty-handed on payday.
As costs keep rising, South Africans keep buying assets but they borrow money so that they can eat, writes Lisa Steyn.
Unsecured lending continues to boom in households but it appears that corporates have lost their credit appetite.
What do many South African students and Barack Obama have in common? The answer is the weight of their student loan debt.
In May this year, social networking company Facebook held its initial public offering - considered the biggest in internet history.