One estimate suggests about R60-billion is needed to kickstart the economy, but the fiscus is already overstretched
The finance minister says ‘We need to change the conversation around spending’
The treasury’s proposed changes paving the way for SOE banks come with strict conditions, but analysts point to already troubled institutions
China is not always the largest lender and Chinese companies sometimes act in their own interests
Other than a possible recovery in the agricultural sector, there is nothing to get excited about
The policing unit still needs hard evidence but says that the investigation is ‘receiving attention’
South Point is 40% owned by the Unemployment Insurance Fund through the Public Investment Corporation
But Public Enterprises Minister Pravin Gordhan is ‘confident’ talks with the SOE’s lenders will end well
Rand jitters question the state’s ability to provide an economic stimulus and to continue to bail out parastatals
The PIC recently announced it was appointing a forensic investigator to look into its investment in the embattled VBS Mutual Bank