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More than 20 000 Gauteng families are set to become first-time homeowners and secure a firm foothold in the residential property market.
Deputy finance minister urges reform of parastatals and signing of Fica bill to avoid downgrade.
Sasfin was “very concerned” about state-owned enterprises (SOEs) and had turned some of them down for banking and financial services, Sasfin Group CEO Roland Sassoon said this week.
Public Enterprises Minister Lynne Brown has moved to assure all lenders and investors that Eskom and Transnet are credible and reliable borrowers.
A European bank has become the second money manager to halt lending to Eskom after SA’s biggest specialist fixed-income manager stopped extending credit.
Transnet CEO Siyabonga Gama says Futuregrowth’s decision to freeze lending to state-owned enterprises is unfair.
The dispute between Futuregrowth Asset Management, Africa’s biggest specialist fixed-income money manager, and South African state-owned firms has started to ease.
Public Enterprises Minister Lynne Brown is set to meet with Futuregrowth Asset Management over its decision to withdraw funding to Eskom and Transnet.
It is important to see the decision by Futuregrowth Asset Management to halt any further loans to certain key SOEs as an investment decision, says a CEO.
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