Latest articles on Bailout

SAA bailout raises more questions

As the government continues to grapple with the troubles facing the airline, it would do well to keep on eye on the impending Denel implosion

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

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

Eskom burns on through bailout

Despite alarm over the recent lifeline, state says the power utility is not on the brink of collapse

Edcon clears the first hurdle

​Edcon chief executive Grant Pattison and his team achieved what many critics doubted they could — secure an almost R3-billion lifeline

Shaking up Eskom matters for South Africa’s economy

Given the damage that’s been done, the previous board at Eskom simply could not continue. It had no plan to turn the company around or stop corruption

Treasury announces SAA bailout to settle R2.3bn debt

Government officials have moved to transfer an undisclosed sum from the National Revenue Fund to South African Airways

IRR urges lawmakers to assist poverty-stricken prisoners

Over 7000 detainees, who are yet to be convicted of a crime, are currently held in South African jails because they cannot afford to pay bail.

International investors still seek Eskom bonds despite its financial woes

Foreigners are hungry for high returns, as seen in their demand for the power utility’s bonds at its latest international sale.

Bailout vote decides Cyprus’s eurozone fate

Cyprus's Parliament will vote on a bailout imposed by the EU, with approval likely from a thin majority against calls for the island to exit the euro.

EU meet to finalise Cyprus bailout

Eurozone and EU finance ministers will meet in Dublin to conclude a Cyprus bailout and consider extending debt repayments for Portugal and Ireland.

Cypriots wary of what’s to come

Cypriots have reacted to the news of their own salvation from economic meltdown with relief, but also trepidation and despair.

Cyprus bank closure rolls into week two

Cypriot businesses have been under increasing strain to keep running after financial authorities stretched the country's bank closure into week two.

Cyprus tweaks bailout plan as meltdown looms

Cyprus has been fine-tuning a Plan B to secure a bailout that the European Central Bank has warned should be adopted to avoid a banking meltdown.

MPs object SA bank law in light of Cyprus bailout crisis

The Cyprus savings levy has led to an objection from the Democratic Alliance about a clause in the Banks Amendment Bill.

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.

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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

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

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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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