Latest articles on DEBT

Citizens bear Covid’s economic scars

Data released this week is evidence of the scale of the financial and humanitarian crisis South Africa faces

Debt rises as virus eats paycheques

Heavily indebted, South Africans turn to loan sharks rather than banks for short-term relief, while business resists borrowing from banks due to economic uncertainty

Colin Coleman: Beyond the ‘two-speed’ society

A 10-point plan for streamlining South Africa’s economy

Debt-for-climate swaps are crucial for economic recovery in the developing world

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

A new Cold War is coming. Africa should not pick sides

COMMENT: As the US and China battle for global domination, Africa must stand firm, charting its own course

This time it’s different: African economies may not survive

Amid the headwinds created by the Covid-19 pandemic, it’s time the Aloe ferox, which survives in dry, harsh conditions, is nurtured — but the options are limited

Three months in, Covid-19 poses triple threats in Africa

Health, debt and hunger are huge threats to the continent’s stability

Government should offer debt guarantees

A research institution says the government should guarantee small businesses’ debt in order to keep the sector that employs millions of South Africans afloat amid Covid-19

RIGHT OF REPLY: Hawks probe R111m hospital fraud

The Coega Development Corporation responds to an M&G article

Eskom’s plight the fault line in Tito Mboweni’s 2019 budget

Eskom gets R69-billion in additional funds for its restructuring plans but no debt relief deal

Mboweni to deliver budget in the face of massive debt and blackouts

Finance Minister Tito Mboweni is under pressure to bail out the state power utility Eskom — along with its $30-billion mountain of debt

As it stands, Eskom will cease to exist by April — DPE

The department outlined the financial and operational problems facing the utility, which began load-shedding on Monday

RAF amendment bill could boost loss of support claim expenditure by 70%

Opponents of Rabs say inadequate research and consultation have been done

No end to Eskom bailout furore

The utility is labouring under a debt burden of about R420-billion and its cash from operations is not enough to service its interest payments

Eskom aims to shed its debt load

But critics say shifting liability to the state could have unintended consequences for the economy

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Latest

Unions cry foul over SABC dismissal costs and retrenchments

Broadcaster bodies say claims that a recent skills audit is unrelated to retrenchments are ‘irrational’

Finance probe into the Ingonyama Trust Board goes ahead

The threat of legal action from ITB chairperson Jerome Ngwenya fails to halt forensic audit ordered by the land reform minister

Fake trafficking news targets migrants

Exaggerated reports on social media of human trafficking syndicates snatching people in broad daylight legitimate xenophobia while deflecting from the real problems in society

Press Releases

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

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

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

Mental Health

During the pandemic there's been a dramatic increase in depression, anxiety and suicides, according to some of the surveys done

Expert financial advice still recommended – especially in uncertain times

A financial advisor is an expert who will help you to protect your wealth and make a realistic plan when unexpected events threaten your wellbeing

What is a virtual card, and how does it work?

A virtual card lets you pay online without ever having to take your card from your wallet or exposing your actual account information

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