Government debt up as growth falters in ailing economy

2017-09-18 14:21

Reserve Bank data shows government debt continues to grow, despite efforts to remain on the path of fiscal consolidation.

Policy uncertainty and low GDP a challenge for companies - Moody’s

2017-09-13 09:07

Policy uncertainty and low GDP growth will limit the ability of corporates to improve their credit quality over the next few months, says credit rating agency Moody’s.

Shoprite guilty of reckless lending, fined R1m

2017-09-06 11:00

The National Consumer Tribunal has fined Shoprite R1m, after a probe showed the retailer did not conduct adequate checks to find out if its lenders could service its loans.

Cas Coovadia: ConCourt property ruling a boost for investor confidence

2017-08-30 17:17

The Constitutional Court ruling that new home owners are not liable for historical debt will bring confidence to the property sector, says Banking Association SA MD Cas Coovadia.

Property debt judgment ends era of confusion and controversy

2017-08-29 22:00

The Constitutional Court judgment that new home owners are not liable for the historical debt of previous owners brings to an end a long period of confusion.

Recapitalising SAA offers only 'temporary' relief - Gigaba memo

2017-08-24 15:37

Recapitalising SAA will only temporarily solve the airline’s low cash reserves, says Finance Minister Malusi Gigaba.

Six steps to reaching your retirement destination

2017-08-17 11:11

The journey to retirement will come with its share of sacrifices. PSG Wealth’s Schalk Louw shares six steps that will make it all worth it once you reach your destination.

What to do if you can't afford your bond repayments

2017-08-15 17:40

What happens when, as a homeowner, you find yourself under unexpected financial strain and your bond repayments suddenly become more than you can handle?

In debt we trust for US consumers with $12.7trn burden

2017-08-10 12:18

After deleveraging in the aftermath of the last US recession, Americans have once again taken on record debt loads that risk holding back the economy.

Why business rescue practitioners get a bad rap

2017-07-30 12:00

At a seminar on business rescue experts unpacked the reasons for the negative sentiment towards the industry.


'Hit' on SARB erodes SA's institutional framework, warns Moody's

2017-09-13 13:52

Recent challenges to SA's institutions have eroded their strength although the country is still "well balanced", says rating agency Moody’s.

Needing money for equipment, paying off debt

2017-09-08 18:40

A Fin24 reader says he is in need of some money to buy equipment and pay debt.

Credit card myths debunked

2017-09-05 21:35

Few consumers really know all there is to be known about how a credit card works and how it can be used effectively, says the head of collections at FNB.

UK consumer borrowing cools as BoE action take toll

2017-08-30 13:00

UK consumer credit has grown at its slowest pace in more than a year, suggesting that Bank of England action is making households less willing to take on debt.

Gauteng residents owe municipalities R31bn

2017-08-27 15:53

Households in Gauteng owe municipalities R31.8bn, making up the lion's share of debt due to municipalities for services and taxes.

Can you afford to have a baby?

2017-08-17 16:22

A financial planner at Alexander Forbes Retail looks at some potential financial implications to consider before you decide to have a baby.

Businesses still under stress due to debt in Q2

2017-08-16 20:29

Business debt conditions in the second quarter of 2017 have continued to deteriorate in South Africa – albeit at a marginally slower pace than the first quarter.

Slowdown in credit extension - NCR

2017-08-11 07:00

There has been a seasonal slowdown in credit extension, according to the latest Consumer Credit Market Report and Credit Bureau Monitor.

Prioritise debt relief for the poorest of the poor - Treasury

2017-08-02 20:30

Although a large number of people in South Africa are over-indebted it does not mean their debt needs to be extinguished as they have assets and earn an income in many instances, says an official from National Treasury.

Specialist court for business rescue needed - expert

2017-07-27 05:00

Experts share why a specialist court to preside over matters related to business recue is needed.

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