TymeBank, Bank Zero and Capitec are all looking for ways to woo businesses – including SMMEs – on to their books
The financial sector has been accused of being hysterical about amendments to the law. But there are some genuine concerns
Some analysts say the proposed fund is creating policy uncertainty but others think it could help to fix a broken system
The border management authority threatens “to be an auxiliary police service”, creating “oversecuritised zones”
Social norms and the economic value we attach to work are among the reasons the disparity still exists
Local and global factors — including the Eskom bailout and US-China trade tensions — are weighing on the appetite for government debt
The appointment of a chief restructuring officer is a positive step, but it is not a silver bullet for the power utility’s debt burden
SAICA CEO Freeman Nomvalo will head up team to help Eksom reorganise its operational and funding structures
The decision comes a day ahead of Eskom’s financial results announcement, which is expected to reveal record-breaking losses
Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last
The additional R59-billion over two years for Eskom comes on top of slowing tax revenues and will require government to revise its funding plans
The additional fiscal support comes as Eskom is weighed down by debt and is expected to report losses of R20-billion in upcoming financial results
Political divisions have resurrected debate over whether it is fair to pay for Gauteng’s e-tolls through the fuel levy
Banks argue the Competition Tribunal has no power to call out foreign firms on cartel conduct
But South Africa will have to adopt proactive policies to increase demand and manufacturing
Thursday’s joint statement supporting the SARB comes after new deputy finance minister David Masondo is quoted questioning current monetary policy
The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%
An investment firm has warned that requiring pension funds to put their money in specific assets would be bad for the SA economy
Things are so bad in Standerton that a JSE-listed company has to truck in and treat its own water
The minister wants smart policy and private sector partnership as central to industrial strategy. Will government have the discipline to implement it?
The brand new digital currency championed by Mark Zuckerberg’s Facebook has serious implications for data privacy and regulation
The lack of detail on issues like Eskom’s restructuring, and the vulnerability of Ramaphosa’s plans to ANC infighting will weigh on reform efforts
Presidents promises work on the troubled power utility, but the real work will be left to the next budget speech
Unlike other digital or cryptocurrencies such as Bitcoin, the Libra is intended to be backed by real assets
Last week Sars announced that the threshold for filing tax returns had been raised for individuals
Disastrous events caused by climate change are a growing risk for the industry
Local markets may enjoy a spell of post-election Ramaphoria, but the president now faces an uphill battle in truly fixing the broken economy
Are violent disruptions of infrastructure projects led by thugs or champions of change?
The government is now considering financial restructuring methods to provide relief
The power plants have come in over budget and way behind schedule
To increase compliance, government must act on those found guilty of wasting taxpayer’s money
The preliminary outcome is worse than budgeted in February, but say officials, the turnaround in tax refunds shows greater transparency