Latest articles on LOANS

Times of unprecedented crisis present unique opportunities for unprecedented action

The world has a chance to improve the lives of women, especially those living in Africa

Over R400-m given to businesses since launch of three-minute overdraft

The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met

IMF wilfully takes austerity road

East Asia 1998, Greece 2008, Argentina 2018. The fund knows the suffering its loans cause, yet it has gone ahead in Ecuador

Botswana extends credit line to Zimbabwe

Diamond-rich Botswana has offered to lend neighbouring Zimbabwe $95m in private sector loans to help ease its economic crisis

Eskom secures R1.35bn loan for renewable energy

The power utility on Friday signed the loan facility with the German bank KfW, on behalf of the German government

Pressure mounts for govt, private sector to put more work into financial inclusion

Financial inclusion is loosely thrown around but pressure is mounting for government and the private sector to respond with solutions that can deliver

Never been costlier to take loans

New draft credit regulations could cause the cost of debt to skyrocket, hitting the poor the hardest.

Glencore said to seek $15-bn loan to cut interest costs

The commodity giant is puportedly trying to cut debt costs by looking for a R160-billion loan.

Telkom gave suspended CFO R6m loan during investigation

A R6-million interest-free loan was given to suspended CFO Jacques Schindehutte while he was being probed for misconduct, confirms Telkom.

The IDC’s bad loans are at historic levels

The finance institution attributes its losses to exposure to a pressured commodities market.

Credit regulator under fire over bank fine

It is not clear how the penalty was calculated and its timing has raised eyebrows.

Swaziland ‘will live without’ R2.4bn loan from SA

Swaziland can do without a 2.4-billion rand loan that South Africa agreed to extend to the landlocked kingdom, its finance minister said.

Cashing in on indebted consumers

Lenders big and small are slugging it out for the rands you are yet to earn as they race to issue unsecured loans at high interest rates

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Latest

Sekhukhune’s five-year battle for water back in court

The residents of five villages are calling for the district municipal manager to be arrested

Special Investigating Unit probes Covid-19 tenderpreneurs

The SIU is investigating 102 companies doing business with the provincial government in Gauteng alone

Vaccine trial results due in December

If successful, it will then have to be manufactured and distributed

Press Releases

WiMSA shines a light on the future of women in mining

Men in mining must begin to take it upon themselves to support the development of women in the industry

Department of Public Works and Infrastructure reveals second gender-based violence advocacy artwork

The men and boys of South Africa are important role players in this mission to ensure that women are respected, protected and treated equally

Empowering the voice of women in leadership to enable full participation in their roles in leadership and decision making

Sibanye-Stillwater has 13% female representation in its workforce and is actively working to achieve gender equality and empower all women and girls

Surviving the tobacco ban

Nicotine is given as the ‘likely’ reason for lower Covid-19 infection rates but authorities still stress the health risk of smoking

Smokers hold thumbs for cigarette ban to be lifted

SATTA is worried about the impact of the ban on its own members activities and how the ban is helping black marketeers to make millions of rands illegally

Covid-19: Outlook on the economy, politics and labour

Old Mutual had experts unpack the effects of the pandemic and provide practical tips on how to deal with the financial impact of job losses and salary cuts

Opt-in to Popia

All business owners should take note: there is a lot of work ahead to ensure compliance with the POPI Act that has just come into effect

Capital Legacy talks life

The Covid-19 pandemic is revealing how few people actually sort their affairs to the benefit of their loved ones they leave behind when they pass on

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