Savings tax mooted to save Cypriot banks sunk by Greek debt
The European Union said it will assist if Cyprus contributes about €7-billion in revenue.
Ghastly garnishee abuse exposed
The full extent of garnishee abuse is not known but a case study by law firm Edward Nathan Sonnenbergs has set alarm bells ringing.
Spend, spend, spend ... it is the only way out of the depression
Author Paul Krugman says ending this recession should be easy but we seem to be making it painful, writes Decca Aitkenhead.
Europe forges fiscal union to end debt crisis
European leaders have agreed to join their fiscal fortunes in order to stop a crippling debt crisis, save the euro currency and prevent further chaos.
Oil inches closer to $102 ahead of EU debt summit
Oil prices have moved higher to almost $102 a barrel in Asia in anticipation of Europe's interest rate decision and debt crisis summit.
The rising trend of falling supply
These days the news is full of dire warnings about another financial meltdown emanating from the sovereign debt crisis in Europe.
Papandreou out as coalition gathers to put out Greek fires
The Greek PM and opposition have agreed on the formation of a new unity government in a bid to break a deadlock and pave the way for an EU bailout.
Brace yourself South Africa, we're in for a rough ride
South Africans will have to tighten their belts, knuckle down and work together if we are to weather the economic storms ahead, says Pravin Gordhan.
Global slump may retard Africa's growth
As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa
Rand's 'annus volatilis' set to continue
The rand, thanks to its volatility in recent days, has quickly become one of the worst performing global currencies.
Rates steady in spite of rand's freefall
The Reserve Bank kept interest rates steady on Thursday, after a sharp overnight depreciation of the rand and amid darkening expectations.
Jittery investors dump SA bonds
As debt troubles in Europe and the United States keep global markets jittery, foreign investors appear to be shying away from South African bonds.
Gold rush: An exercise in futility
As markets fluctuate in the wake of the world's greatest economic turmoil since the Great Depression, investors are frantically seeking a safe haven.
China, US raise alarm over euro debt crisis
China and the US have urged Europe's leaders to prevent the eurozone debt mess from spreading -- which is now also threatening Italy.
Obama urges eurozone leaders to act on crisis
The eurozone's leaders need to show markets they are taking responsibility for its debt crisis, says US President Barack Obama.
Spain's parties sign deficit deal
Spain's ruling and opposition parties bridged bitter rivalry and struck a deal to cap the long-term public deficit and fend off fears of a state debt.
Pressure eases off eurozone debt fears
Financial market pressure on the euro zone eased a little this week as Italy's borrowing costs fell and bank shares stabilised.
Sitting on a mountain of cash
Businesses' aversion to spending in the 'real economy' has many causes, experts say.
Bad-debt ratio improves for banks
While the financial world worries about a double-dip recession South African banks reported a decrease in bad debts.
Plain sailing, or the eye of the hurricane?
As the business week begins, investors are hoping for calm but are haunted by a foreboding sense of the unknown.
