debt

 
Municipalities' unpaid water bills increase to a whopping R13.1bn
Municipalities' unpaid water bills increase to a whopping R13.1bn
Municipalities that do not pay their water bills have run up a whopping R13.1-billion debt – an amount just R2-billion short of the entire annual...
SA footballers still haunted by black tax and lavish living
SA footballers still haunted by black tax and lavish living
Imagine waking up in your late 30s to a life with your prospects at a distinct minimum. You have no tertiary qualification, irrelevant work...
Africa's new debt crisis
Africa's new debt crisis
Ghana is usually seen in a positive light abroad. It's associated with a peaceful change of government, functioning democracy and a government that...
'Weak state entities a risk to SA's credit rating' — Moody's
'Weak state entities a risk to SA's credit rating' — Moody's
South Africa's credit rating would be downgraded if state owned enterprises (SOEs) raise government's debt burden, Moody's warned.
JSE cleans up after scandals
JSE cleans up after scandals
Several cases of corporate malfeasance and poor governance over the past few years, which have dented the JSE’s credibility as a regulator and...
Debt relief won’t be a quick fix
Debt relief won’t be a quick fix
Low-income and over-indebted consumers may soon have the right to have their debt written off. The Debt Relief Bill, formerly known as the National...
Treasury permits cash-strapped SABC to take on more debt
Treasury permits cash-strapped SABC to take on more debt
Treasury has allowed the cash-strapped SABC to take on more debt to ease its current financial woes, Communications Minister Nomvula Mokonyane has...
SABC debt close to R700m
SABC debt close to R700m
The SABC is currently close to R700-million in debt.
WATCH LIVE: Auditor-General releases municipal audit results
WATCH LIVE: Auditor-General releases municipal audit results
The latest report by National Treasury on the state of local government, titled The State of Local Government and Financial Management 2017, which was released on Tuesday shows that a total of 128 municipalities are in financial distress....
Editorial: Kick the credit habit, Africa
Editorial: Kick the credit habit, Africa
In 2011, the Zambian state owed $2-billion to external creditors. By the end of 2017, that figure had more than quadrupled, to $8.7-billion —...
Eskom signs R20bn credit facility amid 'unfortunate' downgrade
Eskom signs R20bn credit facility amid 'unfortunate' downgrade
Eskom has described the timing of Tuesday's downgrade of its long-term debt by S&P Global Ratings as "unfortunate", as it announced that it has...
Eskom board faces massive clean-up job
Eskom board faces massive clean-up job
Eskom has received a clean audit in its latest interim financial results released on Monday. Although auditors have cautioned the new board on its...

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