DEBT

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

Municipalities’ unpaid water bills increase to a whopping R13.1bn

It is not only municipalities at fault. Government and provincial departments also owe a portion of the R13.1-billion debt

SA footballers still haunted by black tax and lavish living

Professional footballers, who have to retire young, need different investment vehicles

Africa’s new debt crisis

On the continent where many countries faced bankruptcy in the 1990s, once again the outlook is grim. This time around, help is harder to find

JSE cleans up after scandals

New proposals will give the stock exchange greater oversight and introduce more transparency

Debt relief won’t be a quick fix

Writing off debts of the poor, as laid out in a Bill before Parliament, may take up to seven years

Press Releases

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.

KZN teacher educators jet off to Columbia University

A group of academics were selected as participants of the programme focused on PhD completion, mobility, supervision capacity development and the generation of high-impact research.

New-style star accretion bursts dazzle astronomers

Associate Professor James O Chibueze and Dr SP van den Heever are part of an international team of astronomers studying the G358-MM1 high-mass protostar.

2020 risk outlook: Use GRC to build resilience

GRC activities can be used profitably to develop an integrated risk picture and response, says ContinuitySA.

MTN voted best mobile network

An independent report found MTN to be the best mobile network in SA in the fourth quarter of 2019.