Author

 
Lynley Donnelly  

Lynley Donnelly  

    Eskom tariff hikes will deepen pain
    Eskom tariff hikes will deepen pain
    Eskom’s latest request for a 15% tariff hike each year for the next three years, on top of revenue clawbacks, means rising electricity prices are...
    VBS needs to be wound up ‘urgently’
    VBS needs to be wound up ‘urgently’
    The final death knell sounded for defunct VBS Mutual Bank this week as the prudential authority of the South African Reserve Bank applied to...
    Final death knell for VBS, as liquidation application launched
    Final death knell for VBS, as liquidation application launched
    The prudential authority, which regulates South Africa’s banks, has applied to court to liquidate and finally wind up VBS Mutual Bank, it said in...
    Tough talk but SOEs score again
    Tough talk but SOEs score again
    Despite a deteriorating budget outlook, Wednesday’s medium-term budget policy statement (MTBPS) granted almost R10-billion more for struggling...
    MTBPS catches markets off-guard
    MTBPS catches markets off-guard
    This week’s medium-term budget policy statement (MTBPS) was a bitter pill for markets to swallow and could affect how ratings agencies, especially Moody’s, view the country’s prospects, according to analysts....
    The showman must now deliver
    The showman must now deliver
    In some ways this year’s medium-term budget policy statement was almost as bad as last year’s. The bruising reality check that came with larger...
    Mboweni’s medium-term budget a bitter pill
    Mboweni’s medium-term budget a bitter pill
    Finance Minister Tito Mboweni delivered a medium term budget policy statement (MTBPS) on Wednesday that served as a bitter reality check for the...
    Despite Twitter appeal, Mboweni has little wiggle room in medium term budget
    Despite Twitter appeal, Mboweni has little wiggle room in medium term budget
    New finance minister Tito Mboweni is set to deliver what is likely to be a difficult medium term budget policy statement (MTBPS) on Wednesday...
    Prasa battles to get back on track
    Prasa battles to get back on track
    Last week the high court in Pretoria let the Passenger Rail Agency of South Africa (Prasa) keep its safety permit. But the court order that was...
    VBS: How far will state’s bill stretch?
    VBS: How far will state’s bill stretch?
    The government is “going to have a lot to say” about the VBS Mutual Bank saga, at the upcoming medium term budget policy statement, new finance...
    Magda Wierzycka on why she opted out of ‘Davos in the desert’
    Magda Wierzycka on why she opted out of ‘Davos in the desert’
    Sygnia chief executive Magda Wierzycka has joined a long list of global business leaders, who have opted out of a major investment summit in Saudi...
    Outrage greets VBS bank report
    Outrage greets VBS bank report
    Several people implicated in allegations of corruption at VBS Mutual Bank have warned they will challenge the Great Bank Heist report on VBS in...