HOT TOPICS
ARTICLES RELATING TO DEBT

Three more municipalities avert power cuts

2017-01-16 11:40

Eskom has suspended planned supply interruptions to three more municipalities after reaching payment agreements with them.

5 tips to avoid starting the New Year in a debt trap

2016-12-30 15:27

There are five things to consider in avoiding the real possibility of returning from the holidays with empty pockets, says an expert.

How to get through January after overspending

2016-12-29 12:49

The first month of the year is always a tough one financially as the festive season overspending hits consumers' wallets as well as looming expenses.

Survival Kit: Find the hidden cash in your home

2016-12-21 12:23

A recent experiment highlights that many South African households have more money than they realise tied up in unwanted goods.

SA capitalists on investment strike - Numsa

2016-12-13 14:26

Big business in South Africa have been on a “capital strike” in recent years, not investing back into the economy, says the National Union of Metalworkers SA.

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.

 

Households less vulnerable to economic shocks

2017-01-03 17:57

Lower debt levels are making households less vulnerable to economic and interest rate shocks, says FNB household and property sector strategist John Loos.

Why SA consumers are in for a rough ride in 2017

2016-12-30 13:41

2017 will be a tough year and consumers who had difficulty making ends meet in 2016 are going to find it much harder in the New Year, warns a debt expert.

Handy financial tips for the New Year

2016-12-22 18:29

There is no better way to kick off the New Year than with the best financial resolution in mind, namely lowering your debt pile, says a debt expert.

Zim power utility owes Eskom over R400m

2016-12-15 16:40

The Zimbabwe Electricity Supply Authority is owing Eskom R443m for power supply as at 2 December, according to Public Enterprises Minister Lynne Brown.

Millions owed in reversed debit orders put jobs, the indebted at risk

2016-12-04 16:22

Despite repeated requests by debt counsellors and payment distribution agencies for the department of trade and industry and the National Credit Regulator to intervene, the entire debt counselling industry could collapse.

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.

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