Author

 
Lynley Donnelley

Lynley Donnelley

    Steinhoff results raise more doubt
    Steinhoff results raise more doubt
    Seventeen months after Steinhoff’s market value went up in a cloud of suspicious accounting, the company finally released its restated 2017...
    Death or taxes for polluting plastic
    Death or taxes for polluting plastic
    Pictures of decaying sea birds, their body cavities stuffed with plastic — from lighters to bottle tops — will be among the first...
    Eskom escalates to stage 4 load-shedding
    Eskom escalates to stage 4 load-shedding
    Eskom’s rotational power cuts escalated on Monday leaping from stage two to stage four.
    Ramaphosa’s “Cabinet recycle, not reshuffle”
    Ramaphosa’s “Cabinet recycle, not reshuffle”
    President Cyril Ramaphosa has decided to not make any major changes in his latest Cabinet reshuffle.
    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....