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.

SA named best country for debt issuance in SSA

2016-10-09 14:53

South Africa has been named the best country for debt management/Sovereign Bond Issuance in Sub-Saharan Africa.

SA's debt to GDP highest among emerging market peers - report

2016-09-26 09:23

South Africa's debt per capita is much higher than the average of its emerging market peers, says the latest Allianz Global Wealth report.

Lewis Stores credit ruling a win for consumers

2016-09-20 14:49

The tough ruling against Lewis Stores is a clear warning that illegal practices in the credit industry will not be tolerated, says Debt Rescue CEO Neil Roets.

Leticha and the debt trap: A case study of how vulnerable people are preyed upon

2016-09-20 05:45

Leticha Marinana, like millions of other South Africans, has lived in a debt trap after buying on credit from companies such as Foschini and Edgars.

Why your garnishee order is still valid

2016-09-18 06:54

This week, the Constitutional Court issued its ruling relating to emolument attachment orders (EAOs) – also known as garnishee orders – in a case that had been brought before the court by Stellenbosch University’s Legal Aid Clinic.

Lewis faces fine for breaching National Credit Act

2016-09-14 16:33

Lewis Stores is guilty of infringing the National Credit Act, relating to credit insurance and disability cover sold to pensioners and self-employed consumers.

Garnishee case: Fight against reckless lending continues

2016-09-13 17:31

The Constitutional Court passed judgment to change the management of garnishee orders, but the fight against reckless lending is not over, says an expert.


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?

The workings of debt mediation

2016-10-10 13:49

A Fin24 wants to know how debt mediation works.

Three credit score myths debunked

2016-10-05 06:57

TransUnion has provided the following facts to debunk various myths surrounding consumers and their credit scores.

FNB urges consumers to repay debt amid rate relief

2016-09-22 18:26

The period of stable interest rates offers indebted consumers an ideal opportunity to reduce their lending, says FNB CEO Jacques Celliers.

Transnet capex programme could impact on cash flows – Moody's

2016-09-20 07:42

Moody's says Transnet's decreased funding needs would relieve pressure on its financial position, but its vast capital expenditure programme could delay cash flows.

GARNISHEES: fallout uncertain

2016-09-18 08:32

Debt collectors are downplaying the importance of this week’s Constitutional Court ruling on so-called garnishee orders, but it could very well lead to a surge in reviews of existing orders and damages claims.

Tough macroeconomy impacts bank impairments

2016-09-14 18:42

Impairment charges for the South Africa's big four banks was up 26.8% for the first half of 2016.

How the new garnishee ruling will impact lenders, debtors

2016-09-14 06:00

A landmark judgment regarded as a “100% win” for indebted people in South Africa has changed the way garnishee orders are managed.

Landmark judgment on garnishee orders

2016-09-13 13:07

The Constitutional Court has ruled that emolument attachment orders require judicial oversight to determine if they are just and equitable, and if the amount is appropriate.

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