Latest articles on Bailout

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.

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Capture claims plague new private-security bargaining council

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A lifeline for the homeless people in eThekwini

eThekwini plans to retain permanent and safe open spaces for people with nowhere to sleep

Press Releases

Automotive Industry and Covid-19

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The fourth industrial revolution: It works for UJ

Huge advances in technology make training and the application of medical knowledge better, faster and more widely accessible

PPS Webinar 4: Asset Protection in Times of Uncertainty

The Covid-19 crisis means people are spending more time at home, so they expect different packages from their insurance companies

International Partnerships are key for Africa during Covid-19

Perhaps this pandemic is the jolt that we needed to strengthen intra-country collaboration and revive international friendships

Auditor-General of South Africa seeks request for information

Suitably qualified and experienced vendors are sought to supply tools to assist in the support of financial statement audits

Former bursary student hits a six and lands top job at WPCA

Thuthuka Bursary recipient Tennyson Botes decided to make a difference in his community — and he's doing exactly that

SANRAL to professionalise its finance division with world-class professional accounting designations

'It is about how I can get my staff to acquire more skills and sharpen those skills that they already have,' says SANRAL CFO Inge Mulder

Empowering his people to unleash their potential

'Being registered as an AGA(SA) means you are capable of engineering an idea and turning it into money,' says Raymond Mayekisa

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