Financial Crisis

​Financial distress? What distress?

The M&G went looking for financial distress in South Africa. This is what we found.

Weary world beggared by borrowing

About 95 countries are either in a debt crisis or facing one, but South Africa isn't one of them.

Greek referendum: A yes vote would be messy, a no even messier

Referendums settle matters definitively, right? Not in Greece. Both outcomes next Sunday would raise as many questions as they answer.

Global markets plunge as Greece shuts banks

Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.

Greek debt crisis: Key points of Athens bank controls

Greece's Alex Tsipras publishes a decree in the official government gazette setting out the capital controls to be imposed on the country.

Cracks showing in economic crust

Reading the International Monetary Fund's half-yearly global financial stability review feels similar to watching smoking volcanoes.

Eskom is likely to remain in the financial red

Moody's Investors Service are not holding out on Eskom's finances improving any time soon, and neither should the country.

Our next financial crisis – due in 2015

Financial crises come round every seven years or so – if history is a guide, the next crisis should come along some time soon.

Closer ties needed to avoid future banking crisis

Policy group calls for banking supervisors to be paid more.

‘Don’t just blame the bankers for the crisis’

The outgoing governor of the Bank of England has called on the British people not to "demonise" bankers.

IMF: World economy risks new phase of financial crisis

The IMF has warned that the repair job on the world's financial system is partly completed and failure to finish it risks a new phase for the crisis.

Cyprus President calls on country to share weight of financial burden

Banks have opened for normal business for the second day, but with strict restrictions still in place on how much money their clients can access.

Latest

Western Cape Judge Mushtak Parker faces second misconduct complaint

The Cape Bar Council says his conduct is ‘unbecoming the holding of judicial office’

The Mogale Centre: A place of hope for young offenders

In the last story of her series about children behind bars, Athandiwe Saba speaks to young men who have committed serious crimes and are now living behind the walls of the Mogale Child and Youth Care Centre

Covid-19 fight to enter house-to-house testing phase

President urges people to continue staying at home for the next 17 days

Press Releases

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders

Dimension Data launches Saturday School in PE

The Gauteng Saturday School has produced a number of success stories