Latest articles on Financial Crisis

We sacrifice for Covid, so we can fight global warming

We just have to ask ourselves if we are as willing to sacrifice to save our grandchildren as we have shown ourselves to be when it came to trying to save older people, the sick and the poor from Covid-19

​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.

Year-end optimism over Italian financial market

Italy is ending 2012 on an upbeat note, with renewed market confidence and optimism among analysts that the worst of the financial crisis is over.

Department boss calls for urgent help

The department of cooperative governance and traditional affairs is seeking a chartered accountant to rescue it from its worst financial crisis.

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Latest

Zuma foundation claims ex-president was prepared to testify, but Zondo played politics

Zuma’s namesake organisation twists facts and the law – he told Zondo he would answer questions but only in private to the deputy chief justice

President urges caution against more contagious Covid variant as SA moves to level 1

The curfew is shorter, alcohol sale times almost normal and more people can meet at religious, social, political and cultural gatherings

Zulu land body challenges audit outcome

Ingonyama Trust Board chairperson Jerome Ngwenya has challenged the audit process in the face of a series of unfavourable ratings

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