debt

 
​The nightmare on e-toll street: Sanral is in massive debt that is mounting rapidly
​The nightmare on e-toll street: Sanral is in massive debt that is mounting rapidly
The South African National Roads Agency (Sanral) finds itself in an ever-worsening financial vortex as motorists hold firm in boycotting the...
​Africa needs innovative debt to grow, and is turning to international markets
​Africa needs innovative debt to grow, and is turning to international markets
Africa needs to borrow to grow its economy, but it must seek innovative alternative sources of finance.
Are we heading for an African debt crisis?
Are we heading for an African debt crisis?
Africa’s rising debt has been fuelled by cheap and readily available dollar-denominated funding following the 2008 financial crisis. Now a strong...
Pay off your debts – and don't take on any more
Pay off your debts – and don't take on any more
The flash crash of the rand earlier this week is due to a number of international and domestic factors, none of which augurs well for South...
Eskom a 'bond-buying' opportunity
Eskom a 'bond-buying' opportunity
Forget that South Africa's state power utility is struggling to keep the lights on and that its profit has fallen. In the world of sovereign-linked...
Lawyers in debt collection loophole
Lawyers in debt collection loophole
Government is tightening up on reckless and unscrupulous lending, but a recent judgment in the high court shone the spotlight on law firms that...
Ignore lessons from Greece at our peril
Ignore lessons from Greece at our peril
Can a Greek-like national debt conundrum occur in South Africa? I don't know. But the issue should concentrate our minds as we watch the Greeks from...
Weary world beggared by borrowing
Weary world beggared by borrowing
The global response to the most recent worldwide financial crisis was to push debt levels to new heights, laying the ground for the next...
Debt finds a way around the law
Debt finds a way around the law
I am in the small Knysna office of the Black Sash, South Africa's premier human rights organisation. I am talking to Xolela May, a consumer rights...
Report legal team, says advocate in landmark garnishee case
Report legal team, says advocate in landmark garnishee case
A group of creditors used "trickery" to have emolument attachment orders served on unsuspecting consumers, attorney Anton Katz SC told the court on...
African Bank underestimates soured loans, slides to loss
African Bank underestimates soured loans, slides to loss
African Bank Investments (Abil), South Africa's largest provider of credit not backed by assets, slid to a fiscal first-half loss after bad debts...

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