Many South Africans are relying on the new two-pot retirement system for immediate financial relief
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‘Prudent operation and maintenance practices’ could prevent up to six stages of load-shedding, according to the report from the VGBE
Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living
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Profit falls from R3.8bn to R1.6bn as supply constraints and a drop in demand take their toll
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Utility says that this will encourage defaulting municipalities to cough up
We need to change debt relief mechanisms as a growing number of developing countries risk defaulting
The utility has said needs more funds for the fuel to meet a court order that public schools and hospitals are exempt from load-shedding
Emergency procurement funds will not be abused, says Nkosazana Dlamini-Zuma
In this extract, from the anthology Upshot curated by Lauren Beukes, the author imagines rich people and voters at home deciding on his character’s fate
COMMENT: Developing countries face a debt crisis that will only become worse as the Covid-19 pandemic continues, and massive debt relief will inevitably be necessary. The only question is whether it will be designed to address the even larger climate crisis
The US has one of the most expensive higher education systems in the world.
The government is so worried about the levels of debt that it is considering extreme measures.
US President Barack Obama claimed he has a mandate to hike taxes on the rich, firing his first post-election shot at Republicans.
President Barack Obama laid out a $3-trillion plan to cut US deficits by raising taxes on the rich, but Republicans rejected it as a political stunt.