Heavily indebted, South Africans turn to loan sharks rather than banks for short-term relief, while business resists borrowing from banks due to economic uncertainty
President Cyril Ramaphosa announces South Africa will move to level one of lockdown on September 20 after nearly six months of restrictions on movement, trade, learning and socialising
The state-owned airline owes R16.4-billion to lenders and needs an additional R10.1-billion to fund the business rescue plan
Board members have quit the gas company, accusing the Central Energy Fund of poor governance, and the energy minister of overreach
More than 3 000 employees out of 5 000 have accepted the packages. The state-owned airline, which went into business rescue, is likely to retain 1 000 workers
The International Trade Administration Commission of South Africa’s senior executives are facing allegations of financial mismanagement and victimising employees
The gross domestic product numbers are likely to be gloomy, but the economy is not at ground zero
The Prudential Authority has given Ithala Bank until June 2021 to submit its application for a banking licence in terms of the Banking Act
About 24-million people and almost 800 000 businesses were affected when hackers stole information held by Experian credit bureau. The M&G examines how you can protect yourself
Temporary relief payments were suspended pending an investigation, but the UIF says it’s back on track