40% of credit active South Africans affected with bad debt: Report
A report by the National Credit Regulator tabled in Parliament shows that 40% of credit active South
Britain’s Thomas Cook scrambles for $250 million to avert collapse
Britain’s Thomas Cook needs to find an extra 200 million pounds ($251 million) to satisfy its
ACSA lifts SA Express suspension
The Airports Company of South Africa says it expects the balance of cash owed to it by cash-strapped
CFO elaborates on SABC financial status
South African Broadcasting Corporation Chief Financial Officer, Yolande van Biljon, has sought to
SAA has outstanding debt of over R20 billion: Kingston
South African Airways (SAA) says it currently has outstanding debt of over R20 billion. Board member
Research papers to help shape African economies
The Director of the African Economic Research Consortium Njuguna Ndungu’u says research papers
Debt levels must remain sustainable not to undermine market confidence: Kganyago
Debt is not a replacement for domestic revenue mobilisation, says South African Reserve Bank
Outa welcomes Sanral decision to suspend e-toll debt collection
The Organisation Undoing Tax Abuse (Outa) says the South African National Roads Agency (Sanral)
SA consumers taking up less debt
The number of South African consumers taking up debt has decreased. According to Stats SA, civil
Opposition parties concerned about SA’s huge debt
Most opposition parties in parliament have expressed grave concerns about the country’s huge debt
Finance minister targets debt ahead of election
South Africa’s finance minister on Wednesday vowed to tackle debt and rebuild government
Zimbabwe puts troubled national airline under administration
Zimbabwe has appointed an independent administrator to run its loss-making national airline to try
FS cash-strapped farmers appeal to banks for help
Free State cash-strapped farmers appeal to the commercial banks to relax their loan conditions, to
Concern over country’s rising debt level
The country’s increasing level of debt and the costs of servicing it, is causing concern amongst
Steinhoff given more breathing space
Steinhoff has won more creditor support to give the South African retailer time to restructure debt
DA plans to introduce Private Member’s Bill for national debt
The DA plans to introduce a Private Member’s Bill to deal with what the party calls “staggering
Moody’s downgrades Angola’s rating due to rising debt
Moody’s Investors Service said it has downgraded Angola’s rating by one notch to B3 due to an
Municipalities owe creditors more than R 41 billion
The National Treasury has revealed that municipalities owed creditors just over R 41 billion as at
Eskom considers swapping its debt for equity
Eskom is looking to convert debt into equity for its lenders as a solution for its liquidity
Zambian opposition challenges government to come clean on country’s debt
Zambia’s opposition party, the United Party for National Development (UPND), has challenged