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Lynley Donnelly

Moody’s stays mum on SA status
Article
/ 30 March 2019

Moody’s stays mum on SA status

The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall

By Lynley Donnelly
‘Untenable’ mining charter compounds policy fears
Article
/ 29 March 2019

‘Untenable’ mining charter compounds policy fears

The re-emergence of tension between the industry and government comes as the economy contends with stunted growth

By Lynley Donnelly
Kganyago: SA banks can hold out against a downgrade
Article
/ 28 March 2019

Kganyago: SA banks can hold out against a downgrade

Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices

By Lynley Donnelly
Industry in renewed battle over mining charter
Article
/ 27 March 2019

Industry in renewed battle over mining charter

The minerals council has applied for a judicial review of the charter over provisions that it says could leave it unsustainable

By Lynley Donnelly
Hawks’ Steinhoff probe angers MPs
Article
/ 22 March 2019

Hawks’ Steinhoff probe angers MPs

It has taken the investigative unit almost a year to follow up on a single allegedly fraudulent transaction

By Lynley Donnelly
Outages: Problems and solutions
Article
/ 22 March 2019

Outages: Problems and solutions

The government has introduced a range of ways to address Eskom’s woes

By Lynley Donnelly
Eskom cannot rule out more rolling blackouts in coming months
Article
/ 19 March 2019

Eskom cannot rule out more rolling blackouts in coming months

The power utility is facing a myriad of problems, warning it cannot rule out the continued possibility of load-shedding for the coming 6-12 months

By Lynley Donnelly
Fictitious and irregular deals key to Steinhoff heist
Article
/ 16 March 2019

Fictitious and irregular deals key to Steinhoff heist

The summary of a PwC report sketches an outline of the conspiracy at the heart of efforts to inflate the retail group’s profits and assets

By Lynley Donnelly
Slow growth hits lending to SMEs
Article
/ 15 March 2019

Slow growth hits lending to SMEs

The number of small and medium enterprises is not growing and venture capital finance is limited

By Lynley Donnelly
Alarm over PIC Bill pressure
Article
/ 15 March 2019

Alarm over PIC Bill pressure

Trade unions fear a late bid to stall the legislation but key aspects have come up at the Mpati commission

By Lynley Donnelly
Edcon clears the first hurdle
Article
/ 8 March 2019

Edcon clears the first hurdle

​Edcon chief executive Grant Pattison and his team achieved what many critics doubted they could — secure an almost R3-billion lifeline

By Lynley Donnelly
Edcon group gets R2.7-billion lifeline
Article
/ 1 March 2019

Edcon group gets R2.7-billion lifeline

The UIF, with surpluses in the region of R156-billion, has helped rescue the embattled retailer, which owns Jet, Edgars and CNA

By Lynley Donnelly
Palladium surge helps to save miners
Article
/ 1 March 2019

Palladium surge helps to save miners

The hike in the price of the sister metal has helped to turn around the fortunes of several local companies

By Lynley Donnelly
State job cuts rev up unions
Article
/ 22 February 2019

State job cuts rev up unions

Analysts believe Moody’s will welcome the government’s intention to reduce the public sector wage bill

By Lynley Donnelly
Discovery gets up doctors’ noses
Article
/ 22 February 2019

Discovery gets up doctors’ noses

Surgical specialists are concerned that day hospitals won’t suit their own or patients’ needs

By Lynley Donnelly
Eskom cliffhanger has SA on edge
Article
/ 22 February 2019

Eskom cliffhanger has SA on edge

Will Moody’s, won’t Moody’s? The country’s wellbeing depends on a viable turnabout plan

By Lynley Donnelly
Revenue collection a balancing act
Article
/ 22 February 2019

Revenue collection a balancing act

Increases in indirect taxes such as adjustments to the fuel levy and increases on excise taxes on alcohol and tobacco products will raise R1.2-billion

By Lynley Donnelly
Medupi and Kusile: Costly and faulty
Article
/ 15 February 2019

Medupi and Kusile: Costly and faulty

A perfect storm of factors has left Eskom operating on the edge and South Africans facing more power cuts in the coming weeks

By Lynley Donnelly
The battle of the banks
Article
/ 18 January 2019

The battle of the banks

Several new entrants will spark a war of attrition rather than a full-frontal assault and customers will be the winners

By Lynley Donnelly
Giants cost SA billions in lost taxes
Article
/ 11 January 2019

Giants cost SA billions in lost taxes

Alternative thinking suggests that countries could use different ways to tax errant multinationals

By Lynley Donnelly
Struggling investments sting PIC
Article
/ 7 December 2018

Struggling investments sting PIC

The state pension fund is feeling the pain of its stakes in Steinhoff and Independent Media

By Lynley Donnelly
Take Eskom’s bitter pill and pay up
Article
/ 30 November 2018

Take Eskom’s bitter pill and pay up

‘Difficult decisions’ must be made and there is no escape for the consumer and the taxpayer

By Lynley Donnelly
Red flags raised over Black Friday
Article
/ 23 November 2018

Red flags raised over Black Friday

But amid worries that consumers could binge on credit there are signs they are handling debt better

By Lynley Donnelly
Eskom tariff hikes will deepen pain
Article
/ 2 November 2018

Eskom tariff hikes will deepen pain

The increases it wants will drive down sales and there is scepticism that the parastatal will be
able to counter this

By Lynley Donnelly
Tough talk but SOEs score again
Article
/ 26 October 2018

Tough talk but SOEs score again

The finance minister has opened the door to decisions that may have serious ramifications for state businesses

By Lynley Donnelly
The showman must now deliver
Article
/ 26 October 2018

The showman must now deliver

Mboweni has been applauded for his opening performance. But can he steal the show?

By Lynley Donnelly
Despite Twitter appeal, Mboweni has little wiggle room in medium term budget
Article
/ 23 October 2018

Despite Twitter appeal, Mboweni has little wiggle room in medium term budget

Much of the MTBPS was finalised before Mboweni’s appointment was announced following the resignation of his predecessor Nhlanhla Nene

By Lynley Donnelly
Tito’s back in town
Article
/ 9 October 2018

Tito’s back in town

Mboweni, a former reserve bank governor and labour minister, was sworn in as finance minister on Tuesday

By Lynley Donnelly
Infrastructure at the heart of Ramaphosa’s plan to boost the economy
Article
/ 21 September 2018

Infrastructure at the heart of Ramaphosa’s plan to boost the economy

President Cyril Ramaphosa promises a ‘fundamentally’ transformed approach to the rollout of infrastructure projects in his new stimulus package

By Lynley Donnelly
State has a mountain to climb
Article
/ 21 September 2018

State has a mountain to climb

One estimate suggests about R60-billion is needed to kickstart the economy, but the fiscus is already overstretched

By Lynley Donnelly
Bloodied economy’s future is grim
Article
/ 7 September 2018

Bloodied economy’s future is grim

Other than a possible recovery in the agricultural sector, there is nothing to get excited about

By Lynley Donnelly
Talk of state spending rings hollow
Article
/ 17 August 2018

Talk of state spending rings hollow

Rand jitters question the state’s ability to provide an economic stimulus and to continue to bail out parastatals

By Lynley Donnelly
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