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Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount
South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
Debt, heat and uprisings: What Seville failed to solve
The UN Financing for Development Summit failed to deal with the real issue of funding Asian, African and other countries who are hit hardest by the climate crisis yet contribute…
How short-term loans could cost you your dream home
Frequent short-term borrowing can hurt your bond application because lenders see it as a sign of financial instability, even if you make repayments on time
SA consumers turn to personal loans, unsecured credit to survive
Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living This content is restricted to registered users and…
South Africa’s partners pledge R10.7-billion more for just transition
The additional funds from France and Germany will be used to shift South Africa to cleaner energy, so mitigating Ekom’s debt
Brace yourselves for a new Cold War
Africa is again becoming the stage for the proxy wars of foreign powers
Car owners still struggle to pay off their vehicle loans
South African households are under financial stress due to Covid-19, with many struggling to make vehicle loan repayments 18 months into the pandemic
Open letter to South African funding houses
Where is the money without equity for startups?
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.