Latest articles on Bail Outs

Cyprus revises bank tax to delay bailout vote

Cyprus' ministers have met to rework a plan to seize money from bank deposits before a parliamentary vote that might threaten the island's finances.

Big bonuses despite losses

Union cries foul as investment bankers profitand taxpayers wait to get £45-billion back.

Executives’ slice of the pie gets smaller too

The bailed-out British Lloyds Banking Group has revealed it had plunged to a £3.5-billion loss last year and would pay out £375-million in bonuses.

Rich and infamous in London

Britain is unique in that it does not tax its super-rich on all their earningsand the wealthy have been insulated from economic crisis.

SA banks not immune from money market madness

Moody's has cut the rating of South Africa and the banking sector by a notch. This means the government's infrastructure ambitions have to be trimmed.

Europe must clean up its own mess

Europe should get their finances in order.

Cash-strapped Swaziland university closed

Swaziland's university failed to re-open for the new academic year on Monday, officials said, adding it would remain closed indefinitely.

Irish parties in crisis talks over February vote

Ireland's crumbling government held crisis talks with opposition parties on Monday over their demands to bring elections forward to February.

Japan to buy euro debt, Portugal resists bailout

Japan pledged on Tuesday to buy eurozone bonds this month in a show of support for Europe's struggle with a seething debt crisis.

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Ramaphosa asks all South Africans to help to avoid 50 000 Covid-19 deaths this year

Calling this ‘the gravest crisis in the history of our democracy’, the president said level three lockdown remains, but enforcement will be strengthened

Watch it again: Ramaphosa addresses the nation on risk-adjusted strategy to manage Covid-19 spread

The president's address comes after a number of meetings with Cabinet and the National Command Council

Court must declare Cape Town’s ‘inhuman’ demolitions, evictions illegal, says law centre

The city argues that it is not carrying out evictions, but is acting against land invasions

Press Releases

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

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