Glencore to pay $1bn dividend after rally

2016-12-01 16:08

Glencore will reinstate its dividend next year and plans to pay out a minimum of $1bn annually following a rebound in commodity prices and a reduction in its debt.

Debt forgiveness will encourage irresponsible borrowing - expert

2016-11-25 15:29

Debt forgiveness would accelerate irresponsible borrowing and could be seen as discriminatory to people who consistently repay their debt, says a debt expert.

Cosatu calls for consumer debt write-off

2016-11-17 05:45

Cosatu wants government to cancel the debt of consumers who have been victims of reckless and exploiting lending practices.

User can barely survive, considers giving car back

2016-11-14 22:03

A Fin24 user, who can barely survive as she struggles to manage her finances, seeks advice on how to ease the debt burden.

Moody’s warns SA banks could see rise in problem loans

2016-11-08 11:15

SA's sluggish economy will likely lead to a rise in problem loans at SA’s four biggest banks, Moody's Investors Service says in a report.

Project Evolution implemented in credit industry

2016-11-07 16:24

For the past five years, data contributors and credit bureaus have been preparing for the implementation of Project Evolution.

Shop wisely when it comes to store credit cards

2016-10-30 16:50

Store credit cards may sound tempting with their discounts and loyalty incentives, but paying this way may not pay off.

Inside Labour: For the poor, policy offers little relief

2016-10-30 10:30

Tightening of fiscal policy & a tweak to the tax rates are some of the methods used to gain the approval of rating agencies but for the majority of South Africans, junk status already applies: they live it

Clearing your name after debt review

2016-10-21 20:26

A Fin24 user wants to know how to clear her name after debt review.

Get help for your debt: Before it’s too late!

2016-10-14 13:53

SPONSORED: Everyone knows the saying “too little too late”. But when it comes to debt review, when is it too late to apply?


Jammine: Pravin’s being naive – ANC infighting WILL block economic reforms.

2016-11-29 11:17

Pravin Gordhan’s view that political turmoil won't distract the ANC from the structural reforms needed to avoid a junk downgrade seems naive, says an economist.

Downgrade looms unless GDP lifts - economist

2016-11-24 19:42

South Africa’s fiscal maths will not work out unless GDP takes off, which puts the country at risk of a credit ratings downgrade.

Cas Coovadia on why debt forgiveness is a bad idea

2016-11-15 14:45

The Banking Association of South Africa does not support the principle of debt forgiveness, says managing director Cas Coovadia.

Credit act changes target loan sharks

2016-11-14 05:39

Amendments to the act have been introduced to force informal and unscrupulous lenders to register as credit providers, writes Maya Fisher-French

Transnet keeps a lid on debt levels

2016-11-07 18:39

The state-owned rail company has managed to pay R17.2bn of debt, according to its interim financial results report.

Overindebted user fears losing his assets

2016-11-07 11:59

Advice for a A Fin24 user who fears he will lose his assets because his debt exceeds his income.

SA's weak growth a stumbling block to reducing debt

2016-10-30 15:29

At a 0.5% growth rate, South Africa’s poor economic performance is the biggest impediment to stabilising its debt situation, says ratings agency Fitch.

Debt service cost rises to close to R148bn

2016-10-26 14:09

The cost to service South Africa’s debt would increase from R147.7bn in 2016/17 to R197.2bn in 2019/20.

Treasury reveals: PIC invests R13bn in struggling Afrisam

2016-10-19 06:38

The PIC has a sizeable investment in cement manufacturing company Afrisam, which is weighed down by over-supply in the market.

Debt-ridden single mom of three seeks advice

2016-10-13 07:46

A Fin24 user who feels overwhelmed by debt as a single mother of three desperately seeks help on how to pay off her debts.

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