How I got myself R400K deep in debt – and why you shouldn’t

2019-07-16 15:04

Most people make the mistake of thinking that simply because they qualify for credit, they should take it.

How my R85k gift to my aunt for raising me crippled my finances for 7 years

2019-06-25 16:11

She decided to focus solemnly on her debt and achieve her dream.

Analysis: All you need to know about debt review

2019-06-22 16:15

Questions about debt review and how it works are among the most frequently asked financially related questions South Africans search on Google.

Nothing Elon Musk has done has stopped the bleeding at Tesla — and things look like they're going to get worse

2019-05-22 10:43

Tesla is doing everything it can to stop bleeding, but right now Wall Street couldn't care less.

Debt: Common metrics don’t tell the full story

2019-05-16 10:50

Good debt, bad debt, no debt? Very few South Africans can live debt-free, and utilising debt facilities like home and car loans are not necessarily poor financial decisions. However, there’s a reason it’s called a debt spiral. And millions of South Africans are struggling to stay out of that spiral.

5 'fail-proof' questions to get your budget under control

2019-04-20 12:43

Times are tough for SA consumers and they are looking for ways to make their money go further, according to Susan Steward from Budget Insurance.

Eskom, risk of Moody's downgrade are biggest risks facing SA, says Treasury official

2019-04-11 15:13

A Treasury official has warned that foreign investors remain concerned about the risks posed by Eskom.

Moody's: 5 economists on why load shedding may trip up SA's credit rating

2019-03-29 05:00

Moody's Investors Service, the sole global ratings agency that still has SA's sovereign debt at investment grade, is expected to make an announcement on the country's credit rating on Friday evening.

Steinhoff raises R4.8bn in share sale

2019-03-27 09:50

Steinhoff managed to raise R4.8bn by placing over 600 million of its shares in KAP Industrial Holdings on offer.

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.

 

Court slams bank for taking credit agreement debt from accounts without permission

2019-06-29 10:00

The SA Human Rights Commission welcomes the judgment handed in a case between the National Credit Regulator and Standard Bank.

Debt from municipalities has only grown, Eskom laments

2019-06-24 20:54

Eskom says the municipal debt crisis has only worsened, despite a number of interventions.

SABC faces 'extremely uncertain' financial position

2019-06-17 16:49

The financial position of the SABC has been worsening over the last nine months and the public broadcaster is at the mercy of creditors

In China you get a special warning before you call people who owe money, telling you to get them to pay up

2019-05-21 08:01

China operates a nationwide blacklist that contains the names and personal information of people who are in debt, also known as "laolai".

SA households lost almost R450bn in wealth in 2018 - report

2019-04-24 19:59

SA households saw a total of R449.8bn of wealth wiped out between in 2018, according to the latest Momentum Unisa Household Wealth Report.

SA's debt repayment costs rising but still 'affordable' - Moody's

2019-04-16 15:32

South Africa is en route to spend R1 out of every R7.5 in government revenue on sovereign debt interest repayments by 2020, according to Moody's Investors Service.

Steinhoff's Unitrans is said to be worth up to R4 billion

2019-03-29 08:53

Steinhoff's Unitrans Motor Group, which the embattled retailer is in talks to sell, may be valued at as much as $280m (R4bn at current exchange rates), according to people familiar with the matter.

Steinhoff reaches agreement to sell shares in car dealer network Unitrans

2019-03-28 09:36

Steinhoff announced on Thursday that it had reached an in-principle agreement to sell 74.9% of Steinhoff Africa’s shares in automotive dealer network Unitrans.

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.

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