SA declined R16 billion loan request by Zimbabwe

2019-01-21 10:08

'South Africa doesn’t have the money to provide that kind of assistance,' a spokesperson for National Treasury has said.

Ramaphosa lifts veil on some Eskom-China loan details

2018-10-30 11:24

President Cyril Ramaphosa says there are no specific conditions on the R33bn loan to Eskom, extended by the China Development Bank (CDB).

Steinhoff bondholders said to offer loan as part of bankruptcy filing

2018-10-04 18:00

A group of Steinhoff bondholders may inject about $300m into the retailer’s troubled US bedding unit Mattress Firm as part of a bankruptcy filing, according to sources.

SARB's Kuben Naidoo clears Capitec confusion: There is no new probe

2018-07-04 11:52

SA Reserve Bank deputy governor and registrar of banks Kuben Naidoo has told Fin24 that he is not aware of any new probes into Capitec Bank.

Eskom just got R20 billion worth of breathing room from banks – only hours after it was downgraded as a credit risk

2018-02-28 15:39

The new loan came in the nick of time for the cash-strapped state-owned enterprise.

MTN assigns R2.8bn shareholder loan to Nigerian tower group

2017-12-28 19:56

MTN says it has assigned a long dated R2.8bn shareholder loan to Nigerian teleco company IHS Holding, negatively impacting the company's 2017 profit.

Four questions before getting a loan

2017-11-14 19:06

Go about debt in a smart way.

Get your money from people who owe you

2017-11-03 11:00

Steps to follow to demand money from a debtor

7 things I learnt when I applied for a personal loan

2017-03-06 14:47

Asking for financial help from banking institutions isn’t the easiest thing in the world. But sometimes it’s the only way to get back on track.

Treasury reveals: PIC invests R13bn in struggling Afrisam

2016-10-19 06:38

The PIC has a sizeable investment in cement manufacturing company Afrisam, which is weighed down by over-supply in the market.

 

Eskom bags over R3bn in new loans to improve power transmission

2018-11-27 17:23

Power utility Eskom has entered into a loan agreement with the African Development Bank Group for R2.8bn and $25m, over R3bn in total.

Gordhan rejects Joburg mayor's claims he misled Parliament on Denel loan

2018-10-24 22:44

Minister of Public Enterprises Pravin Gordhan told Members of Parliament in a written reply to questions that the R290m loan which the Johannesburg Metropolitan Municipality paid to Denel was lawful.

Make terms of Chinese loans to Eskom and Transnet public - Mills Soko

2018-07-28 08:00

Two Chinese banks concluded separate loans worth a combined R37bn with Eskom and Transet this week, but the interest charge on the debt has not been disclosed.

Eskom to pay back R5bn PIC loan, as union vows 'never again'

2018-03-01 05:30

Eskom has confirmed that the R5bn short-term loan it received from the Public Investment Corporation will be paid back on Thursday.

Revealed: Documents show Eskom's Sean Maritz signed off on R400m 'kickback'

2018-01-24 07:35

Former interim Eskom CEO Sean Maritz is facing increasing scrutiny for his role in signing off on a questionable R400m payment from the power utility to a Hong Kong bank account.

IDC legal action against Oakbay 'too little, too late' - banker

2017-11-24 18:26

The Industrial Development Corporation should have foreseen that it was risky to convert a loan to Oakbay Resources into shares, says a corporate banking principal.

Unsecured lending could boost struggling economy

2017-11-05 14:59

Unsecured lending could help lift the SA economy which is expected to grow by less than a percent this year, says economists.

Retail sales boost HomeChoice results

2017-08-28 12:00

Investment holding company HomeChoice International’s half-year results were boosted by retail sales, while the financial services business battled with new laws impacting interest income.

IMF, World Bank 'remote-control' developing nations - Agang

2016-11-02 10:02

The IMF and the World Bank are “Westernised” institutions with no regard for democracy, the ANC has said in a paliamentary debate over SA's relationship with the two lenders.

Money scams increasingly hiding behind religious leaders - expert

2016-09-26 14:34

The word of religious leaders and recommendations by family and friends are often used as proof of credibility by scam artists to promote money schemes, says an expert.

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