South African Broadcasting Corporation Chief Financial Officer, Yolande van Biljon, has sought to explain the reasons behind the executives’ plea for a R3.2 billion government guarantee.
South African Airways (SAA) says it currently has outstanding debt of over R20 billion. Board member Martin Kingston says it is clear that SAA has unsustainable levels of debt.
The Director of the African Economic Research Consortium Njuguna Ndungu’u says research papers presented on the challenges facing the economies of the African continent will be valuable to help shape the economies.
Debt is not a replacement for domestic revenue mobilisation, says South African Reserve Bank Governor Lesetja Kganyago. He was delivering his opening address at the African Economic Research Consortium’s 50th bi-annual plenary underway in Cape Town.
The Organisation Undoing Tax Abuse (Outa) says the South African National Roads Agency (Sanral) decision to suspend the collection of all e-toll debt should be taken with a pinch of salt.