Debt Crisis

Petrol, toll fees to add to consumer debt burden

The department of energy announced that petrol prices would increase 49c/l on May 2, while diesel will increase by 59c/l at most

European ‘bank union’ could prevent another debt crisis

Plans underway by Angela Merkel's Chancellory could see the power to deal with struggling banks move from national to European level.

Savings tax mooted to save Cypriot banks sunk by Greek debt

The European Union said it will assist if Cyprus contributes about €7-billion in revenue.

Ghastly garnishee abuse exposed

The full extent of garnishee abuse is not known but a case study by law firm Edward Nathan Sonnenbergs has set alarm bells ringing.

Spend, spend, spend … it is the only way out of the depression

Author Paul Krugman says ending this recession should be easy but we seem to be making it painful, writes Decca Aitkenhead.

Europe forges fiscal union to end debt crisis

European leaders have agreed to join their fiscal fortunes in order to stop a crippling debt crisis, save the euro currency and prevent further chaos.

Oil inches closer to $102 ahead of EU debt summit

Oil prices have moved higher to almost $102 a barrel in Asia in anticipation of Europe's interest rate decision and debt crisis summit.

The rising trend of falling supply

These days the news is full of dire warnings about another financial meltdown emanating from the sovereign debt crisis in Europe.

Papandreou out as coalition gathers to put out Greek fires

The Greek PM and opposition have agreed on the formation of a new unity government in a bid to break a deadlock and pave the way for an EU bailout.

Brace yourself South Africa, we’re in for a rough ride

South Africans will have to tighten their belts, knuckle down and work together if we are to weather the economic storms ahead, says Pravin Gordhan.

Global slump may retard Africa’s growth

As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa

Rand’s ‘annus volatilis’ set to continue

The rand, thanks to its volatility in recent days, has quickly become one of the worst performing global currencies.

Press Releases

Boosting safety for cargo and drivers

The use of a telematics system for fleet vehicles has proved to be an important tool in helping to drive down costs and improve efficiency, says MiX Telematics Africa.

Silencing the guns and firearms amnesty

Silencing the guns and firearms amnesty

Gender-based violence is an affront to our humanity

Gender-based violence is an affront to our humanity

UK-Africa investment summit 2020: Think Africa Invest SA

UK-Africa investment summit 2020: Think Africa Invest SA

MTN unveils TikTok bundles

Customised MTN TikTok data bundles are available to all prepaid customers on *136*2#.

Marketers need to reinvent themselves

Marketing is an exciting discipline, offering the perfect fit for individuals who are equally interested in business, human dynamics and strategic thinking. But the...

Upskill yourself to land your dream job in 2020

If you received admission to an IIE Higher Certificate qualification, once you have graduated, you can articulate to an IIE Diploma and then IIE Bachelor's degree at IIE Rosebank College.

South Africans unsure of what to expect in 2020

Almost half (49%) of South Africans, 15 years and older, agree or strongly agree that they view 2020 with optimism.