Torn between credit card and bond repayments

2017-05-26 20:41

A Fin24 user is not sure which way to go to reduce his debt.

China downgrade may build debt mountain

2017-05-24 15:45

The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks, increasing risks for the finance industry.

Retail environment remains tough

2017-05-21 06:29

The environment in the local retail sector was “very tough” and there was talk of the current situation being the worst since the 2009 recession, Kirsty Laschinger, an Investec retail analyst, said this week.

Astral reprieve doesn't absolve municipality from debt - Eskom

2017-05-04 13:28

Eskom says its settlement guaranteeing uninterrupted power supply to poultry producer Astral Foods doesn’t usurp its constitutional right to recover debt from owing municipalities.

China's $1.4trn debt wall seen forcing issuance rise

2017-04-13 09:45

China’s bond issuers, faced with $1.4trn of maturing debt this year, are stepping on the gas.

Financing through debt

2017-04-10 17:28

Stretching a company's working capital through various forms of "good" debt can be the source of just enough extra cash needed.

Junk downgrade will hit debt-ridden consumers hard

2017-04-05 05:02

The S&P downgrade of SA's sovereign debt rating to junk status is going to have a massive impact on deeply indebted South Africans, says a debt expert.

Singapore's looming debt wall fuels concern

2017-03-20 09:32

Default fears are resurfacing in Singapore ahead of a wall of maturing corporate debt, as a US bankruptcy filing of a firm from the city flags lingering pain.

eMalahleni faces Eskom blackout

2017-03-13 06:13

Mpumalanga’s once-thriving town is swimming in debt as well as indebtedness, which it blames on maladministration and collusion

Everyone knows how Gordhan feels

2017-03-07 14:40

In his budget speech the finance minister was wrestling with a national debt challenge. The vast majority of South Africans are in the same space, says an expert.


Eskom to borrow R50bn a year in debt financing - analyst

2017-05-26 08:44

Eskom, which has about R350bn of debt financing and net debt of around R320bn, is expected to borrow about R50bn gross per year going forward, says an analyst.

No magic bullet to improve junk status - Gigaba

2017-05-23 19:37

South Africa’s debt has grown since the financial crisis of 2008 and there is no “magic bullet” to improve South Africa’s junk rating, says Finance Minister Malusi Gigaba.

Greek economy limps onto launchpad after late-night vote

2017-05-19 12:28

Greece’s latest economic reforms will be key to winning debt relief that unleashes years of pent-up investment and finally ends its economic crisis.

Cash-strapped homeowners turn to loans to pay bonds

2017-04-26 07:46

Hard-pressed South Africans are so fearful of losing their homes that they are turning to unsecured debt at increasing costs to service home loan repayments.

SA’s shocking debt spiral: Some forced to pawn cars

2017-04-10 20:52

South Africans are so deep in debt that most of them have no idea how to get out of it, forcing the most desperate to pawn their cars.

No doubt S&P downgrade will impact consumers - credit bureau

2017-04-05 17:02

The S&P downgrade of SA's foreign currency debt is no doubt going to impact consumers, businesses and government, cautions credit bureau Compuscan.

S&P holds Eskom rating steady

2017-03-22 19:52

Standard & Poor’s has kept Eskom's credit rating at BB-, following more certainty of government support and the outcome of the Nersa ruling on tariff hikes.

Musk's own borrowing up as banks underwrite more Tesla debt

2017-03-17 09:10

As Tesla Inc. embarks on another effort to raise money, Chairman Elon Musk is also adding to his personal debts.

More consumers pawn cars to get loans

2017-03-12 12:25

The National Credit Regulator is concerned about the rising number of consumers who pawn their motor vehicles in order to obtain loans.

South Africans are the most indebted people in the world - debt expert

According to a World Bank report, South Africa is the most indebted country in the world. DebtBusters CEO Ian Wason shares some of the worrying figures. Watch.

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