4 ways to stay out of debt this festive season to avoid the money blues

2018-12-12 17:28

Although there is usually a spike in debt assistance enquiries after the festive season, that spike has come earlier this year, warns a debt expert.

Two women who just felt like wiping strangers' medical debt worth R21 million remind us of other cheerful givers

2018-12-06 18:24

Many of us have been blessed by a person who has helped us in a desperate time of need, evidence that good Samaritans still exist.

S&P keeps Eskom's credit rating at junk status

2018-11-29 20:22

Ratings agency Standard & Poor's affirmed Eskom's credit rating at CCC+, which is below sub-investment grade, with a negative outlook.

Population growth set to erase SA's per capita GDP gains in 2019 - S&P

2018-11-26 14:40

The ratings agency says in 2019 and 2020, when it expects SA's economic growth rate to pick up to near 2%, per capita GDP increases will largely be cancelled out by population growth.

Being broke during the festive season

2018-11-23 10:12

How to survive the festive season when you don’t have money

Ramaphosa: Not yet time for austerity measures

2018-11-06 17:16

President Cyril Ramaphosa says that to stop debt from growing at an alarming rate, government will align spending with priority areas, as well as prioritise boosting economic growth.

10 ways millennials can spend less and save more

2018-11-03 09:03

Financial Advisor Lizl Budhram shares ways young professionals can save without breaking a sweat.

Fedusa to MPs: IMF will treat us worse than the Guptas

2018-10-31 16:43

Trade unions have warned against government running up debt which would see the country seeking help from the International Monetary Fund.

Government debt jumps to 55.8% of GDP

2018-10-24 16:03

Government's gross loan debt is expected to accelerate to 58.5% of GDP in 2021/22, up from 55.8% - an increase largely attributed to currency fluctuation.

Mozambique rejects Credit Suisse debt restructure proposal

2018-10-22 14:29

Mozambique has turned down a restructuring plan by lenders, including Credit Suisse, for one of the state-owned companies at the centre of a hidden-debt crisis.


SA will have to assume Eskom debt - Rothschild

2018-12-11 11:37

SA faces no choice but to assume some of the debt of Eskom, said Martin Kingston, the CEO of Rothschild & Co's operations in the country.

Fitch maintains SA's rating at BB+ with a stable outlook

2018-12-06 18:16

Ratings agency Fitch on Thursday kept South Africa's sub-investment grade credit rating unchanged at BB+ with a stable outlook.

Gupta-linked company 'fabricated agreement' to dodge liquidation

2018-11-28 16:40

Business rescue practitioners for Tegeta Resources and Exploration want Oakbay Investments liquidated to settle unpaid rent.

S&P keeps SA's credit ratings unchanged at non-investment grade

2018-11-23 23:47

S&P affirmed SA's long-term local currency debt at BB+, the first notch of sub-investment grade. It kept the country's long-term foreign currency rating at BB, which is two notches below investment grade.

Is your debt good or bad? Here's how to tell the difference

2018-11-18 19:45

All debt is not necessarily bad, explains Nkazi Sokhulu, CEO and co-founder of credit life insurance Yalu.

SA fiscus at a crossroads, difficult choices must be made – Treasury official

2018-11-05 07:32

Government will have to make difficult decisions on state owned companies and the public sector wage bill, members of Parliament heard.

SA’s plans to curb debt: Ratings agencies give us benefit of the doubt

2018-11-01 09:01

Further credit rating downgrades are unlikely ahead of the Treasury’s February budget, when it will be more clear if economic revival strategies will work.

WATCH: Mini budget likely sufficient to keep ratings outlook stable - economist

2018-10-25 14:56

Sanisha Packirisamy, an economist at Momentum Investments, shares her views on Mboweni's maiden mini budget, and how ratings agencies may react.

Mboweni warns of tough choices as SA debt climbs

2018-10-24 15:38

Tito Mboweni’s appointment as finance minister two weeks ago appeased investors, but his first mid-term budget showed the nation’s debt burden is heavier than previously thought.

Young, broke and in debt - a tough life of taking out loans to repay other loans

2018-10-19 08:01

The National Credit Regulator says there were nearly 25 million "credit-active" consumers at the end of June 2018 and nearly 40% were behind with their loan repayments.

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