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.

PM faces tough task selling bailout to angry Irish

Irish Prime Minister Brian Cowen faced a backlash on Monday for agreeing the EU-IMF bailout for his debt-laden nation.

Greece promised rescue package, but investors wary

European nations aim to formally launch the biggest financial bail-out of a country this week and hope it will bring calm to the markets.

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Q&A Sessions: ‘My north star is the patient’

Rhulani Nhlaniki is Pfizer’s cluster lead for sub-Saharan Africa. As Pfizer starts phase III of the clinical trial of their Covid-19 vaccine candidate, he tells Malaikah Bophela that if it is successful, the company will ensure the vaccine will be available to everyone who needs it

Murder of anti-mining activist emboldens KZN community

Mam’Ntshangase was described as a fierce critic of mining and ambassador for land rights.

Hawks swoop down with more arrests in R1.4-billion corruption blitz

The spate of arrests for corruption continues apace in Gauteng and the Eastern Cape.

Press Releases

Transport Month

An infrastructure-led recovery will help to stimulate demand in the South African economy, which is vital post the Covid-19 pandemic

Limpopo’s Economic Recovery Plan to fight Covid-19 impact

Billions have been set aside to help farmers and industries get back on their feet as part of the Limpopo Socio-Economic Recovery Plan

Disrupt the corrupt

Whistle-blowers should be seen as real heroes in the fight against corruption and we need a change in culture for this to happen

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

Secure your business from cyber threats

Many business-grade security systems now have built-in learning systems and AI to help businesses stay up to date with protection

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