Sunday Read: Electricity costs will rocket way beyond 13.8%. Here’s why

2019-03-10 09:27

Eskom was granted only a 13.8% increase for 2019/20 instead of the 15% it had applied for. Don't sigh with relief too quickly, says Ferial Haffajee.

Mozambique debt restructuring to continue as scandal grows

2019-03-04 16:05

Mozambique will continue with restructuring talks over $2bn of defaulted loans, the Ministry of Finance says, even as an international scandal around the debt intensifies.

China spent years trying to trim its massive debt burden. A recent move to pile on more could be risky

2019-02-28 10:05

The mountain of debt encumbering China's economy looks set to grow after private companies piled on leverage at the start of 2019.

Ratings agencies adopt 'wait-and-see' approach, as SA teeters on junk knife-edge

2019-02-22 14:36

Ratings agencies will likely adopt a 'wait-and-see' approach before making decisions on the sovereign's credit rating, analysts have said.

Fin24 reader's journey to being money-wise

2019-02-21 13:08

Fin24 reader Khuselwa Ncwana shares her journey of becoming more money wise and the role Fin24 played in helping her to get there.

Don't bank on relief from Mboweni - debt expert

2019-02-19 22:15

Cash-strapped SA households, facing increased levels of debt, should not bank on the minister of finance to provide much relief in his budget speech, says a debt expert.

Mozambique scrambles to contain debt fallout with vote looming

2019-02-18 19:02

Mozambique’s government is scrambling to contain the fallout from a US investigation into the country’s $2bn hidden-debt scandal, ordering a series of high-profile arrests in the past week.

Graca Machel to Credit Suisse: Write off Mozambique debt

2019-02-09 11:37

Mozambique shouldn’t repay any of the loans it got from Credit Suisse AG as part of a $2bn sovereign debt scandal, says a group letter signed by people including Graca Machel.

Eskom CEO says debt swap the best option to rescue utility

2019-02-08 14:01

The easiest way to rescue the beleaguered state-owned power utility would be for the government to assume part of its R419bn debt, says Chief Executive Officer Phakamani Hadebe.

Debt: evil or enabling?

2019-02-05 10:40

South Africa needs urgent investment in public infrastructure to improve productivity. But should our government be borrowing money to do this?


How insolvency affects a spouse and a business

2019-03-04 21:57

Divorce is not the only scenario in which you can be affected by whether you married in community of property or out, says attorney Simon Dippenaar.

S&P revises outlook for Eskom from negative to stable

2019-03-01 17:06

Ratings agency S&P has kept Eskom at junk status, but has revised its outlook from negative to stable.

SA is already looking like junk in the CDS market

2019-02-25 13:34

The consensus among economists is that South Africa will hold onto its investment grade status for the time being. Derivatives traders are not so sure.

SA yet to decide on Mozambique extradition, state says

2019-02-21 19:48

South Africa is still considering whether to extradite Mozambique’s former finance minister, Manuel Chang, to his home country or the US, a Department of International Relations and Cooperation official said.

Is there light after debt? 7 key figures that put Eskom's crisis in perspective

2019-02-20 07:45

Eskom is struggling to service R420bn in debt. Just how serious are its financial problems?

Support for Eskom threatens govt spend and debt, MPs hear

2019-02-19 13:43

Government's financial support for Eskom will put pressure on the state's ability to maintain the expenditure ceiling, and will possibly have implications for government debt, members of Parliament have heard.

Load shedding: No evidence of sabotage – Eskom spokesperson

2019-02-11 09:28

Eskom on Sunday introduced load shedding for the first time since December. Spokesperson Khulu Phasiwe says this is mainly due to plant breakdowns.

Govt to engage with labour over Eskom unbundling

2019-02-08 18:43

Public Enterprise Minister Pravin Gordhan will meet with Eskom's board to map a way forward for the entity, following President Cyril Ramaphosa's announcement that the power utility will be unbundled.

The Eskom break-up: Ramaphosa 'immovable' about salvage operation

2019-02-06 19:12

President Cyril Ramaphosa was allegedly 'immovable' during a Cabinet meeting on Tuesday in Cape Town where plans to salvage and streamline Eskom were discussed and adopted.

MONEY CLINIC: What kind of mortgage loan should I take and why?

2019-01-30 06:00

Have a money problem that needs solving? Fin24 can help! This month our focus is on debt. Send your question to or find the Money Clinic box on the right of our homepage.

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