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Lynley Donnelly

New banks circle small businesses

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TymeBank, Bank Zero and Capitec are all looking for ways to woo businesses – including SMMEs – on to their books

Debt Act not a relief for everyone

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The financial sector has been accused of being hysterical about amendments to the law. But there are some genuine concerns

NHI: the good, the bad, the ugly

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Some analysts say the proposed fund is creating policy uncertainty but others think it could help to fix a broken system

State champs at its border Bill bit

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The border management authority threatens “to be an auxiliary police service”, creating “oversecuritised zones”

Why the gender pay gap persists

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Social norms and the economic value we attach to work are among the reasons the disparity still exists

Bond auction underwhelms

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Local and global factors — including the Eskom bailout and US-China trade tensions — are weighing on the appetite for government debt

Eskom needs ‘fire and thunder’

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The appointment of a chief restructuring officer is a positive step, but it is not a silver bullet for the power utility’s debt burden

Eskom gets a chief restructuring office amid devastating finance results

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SAICA CEO Freeman Nomvalo will head up team to help Eksom reorganise its operational and funding structures

Gordhan appoints Eskom chair, Jabu Mabuza, acting chief executive

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The decision comes a day ahead of Eskom’s financial results announcement, which is expected to reveal record-breaking losses

Mines print money as metals boom

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Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last

Mboweni: Additional Eskom aid will hurt the fiscus and taxpayers

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The additional R59-billion over two years for Eskom comes on top of slowing tax revenues and will require government to revise its funding plans

Eskom set to get a fast-tracked R59-billion in the coming two years

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The additional fiscal support comes as Eskom is weighed down by debt and is expected to report losses of R20-billion in upcoming financial results
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