Auditor-General Kimi Makwetu will report back on the audit results of the country’s municipalities for the 2016/2017 financial year
‘Like a compulsive shopper using one credit card to pay off another, too many African governments are taking on too much debt far too casually’
S&P Global Ratings has again downgraded the long-term debt of Eskom
Although auditors have cautioned the new board on its financial health, the newly appointed board is positive that it can turn things around
The really tough business of smooth talking money from empty pockets
For the first time in years the IMF is optimistic about global economic growth, but debt is mounting in the world’s largest countries.
Foreign investors are dumping local equities, though an interest in bonds is helping out the treasury
"The high court application saw property owners take on Tshwane and Ekurhuleni for cutting municipal services to home owners who had inherited debt."
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Five students tell of their struggles to get funding to make their career dreams a reality.
Educators want to draw on funds while they are working, rather than resigning to get money
The recently updated Integrated Resource Plan calls for significant investment in South Africa’s power supply. But can the country afford it?
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The biggest pile of dollar bonds ever is coming due, which raises the spectre of major defaults.
The road agency’s debt is mounting rapidly and is six times greater than it was in 2007.
"Diaspora bonds" and remittances could be two ways to advance the continent’s economy
There are concerns that many nations on the continent have overborrowed and won’t be able to pay their debts.
Behaviour of the rand influenced by political and structural factors, but also by cyclical factors.
The utility may struggle to keep the lights on, but its debt is attractive to international investors.
Debate has been raging over which regulations legal firms must adhere to when they collect their fees.
Inflated state salaries, rising debt and a high social grant bill leave South Africa vulnerable.
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About 95 countries are either in a debt crisis or facing one, but South Africa isn’t one of them.
A new book by Deborah James illustrates how capital finds new means to exploit those most vulnerable.
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Fifteen consumers are in a bid to have their emolument attachment orders declared illegal on the grounds that they are unconstitutional.
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The unsecured lender’s interim results show a loss of R4.4-billion as its customers struggle to repay loans.
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The world’s biggest glossy paper manufacturer plans to push down its hefty debt burden and then resume paying dividends.
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The massive amount of debt owed to municipalities by the public has become a serious problem, says a minister.
Despite causing the crash, the high priests of economics have never faced retribution and the same flawed theories are still taught in universities.
When banks offer bad debtors more credit, they put lives at risk, not just their own bottom line.
Research reveals the full extent of indebtedness — the ‘most urgent issue in international finance’.
The bank’s stock fell 1% to R114.6 in early morning trading following the release of its results.
An audit of state agencies’ borrowing may rein in profligacy and graft, but will it slow the economy?
The United States is even worse than Greece, with a debt equivalent of 105% of GDP.
The US Treasury has stopped re-investing in a retirement fund, a major step in its efforts to avoid exceeding the debt ceiling.