Author

 
Lynley Donnelley

Lynley Donnelley

    Stretched households battle as the economy shrinks
    Stretched households battle as the economy shrinks
    The release of the South African Reserve Bank’s quarterly bulletin this week served as another reminder of the strain households find themselves...
    Gigaba: How government will fund free education to be clarified at 2018 budget
    Gigaba: How government will fund free education to be clarified at 2018 budget
    Finance Minister Malusi Gigaba has left it until next year’s budget to clarify how the state will pay for the presidency’s announcement on...
    New Prasa boss faces tough job
    New Prasa boss faces tough job
    The Passenger Rail Agency of South Africa (Prasa) is facing another year of losses, according to its recently appointed interim chief executive,...
    Steinhoff implosion staggers SA
    Steinhoff implosion staggers SA
    The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest...
    Junked if you do, junked if you don’t
    Junked if you do, junked if you don’t
    Judging by the recent performance of the rand, you would be forgiven for thinking that there had been no ratings downgrade last week, and that...
    Global credit ratings agency has downgraded South Africa to junk status
    Global credit ratings agency has downgraded South Africa to junk status
    Credit ratings agency S&P Global has downgraded South Africa’s credit rating to full junk status, while its counterpart Moody’s has placed the...
    Are estate agents’ days numbered?
    Are estate agents’ days numbered?
    ‘He restored my faith in estate agents.”
    Flailing giant Eskom a threat to SA
    Flailing giant Eskom a threat to SA
    Is Eskom, and by extension the country, facing a financial reckoning? The beleaguered utility is deemed to be too big to fail, given the government’s exposure to its debt and the fact that it is the economy’s major supplier of power....
    Economic growth is undermined by a lack of fiscal prudence
    Economic growth is undermined by a lack of fiscal prudence
    The “lack of fiscal prudence” indicated in last week’s medium term budget, will undermine economic growth, credit ratings agency Moody’s...
    Taxpayers not coming to the party
    Taxpayers not coming to the party
    One of the worst elements of the unflinchingly harsh medium-term budget on Wednesday was just how badly the government is doing at raising the...
    Public service wages on up and up
    Public service wages on up and up
    A state job may be cushy, but paying civil servants is becoming a major problem for the fiscus.
    Gigaba wants forensic probe into allegations into 'governance concerns' at PIC
    Gigaba wants forensic probe into allegations into 'governance concerns' at PIC
    Finance minister Malusi Gigaba has asked the board of the Public Investment Corporation (PIC) and its chief executive Dan Matjila to conduct...