A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
Before taking a debt holiday - first find out if your instalments won't be covered by credit insurance.
Sasol expects to raise at least $6 billion by the year 2021 through its cash generation plan.
A Fin24 set to retire this year is looking to invest his R1.2m savings in order to receive a monthly payout.
"The tasked team failed because the debt escalated under their watch."
The utility was served with a compliance notice by South Africa's environment ministry because of its high levels of air pollution in December.
'Walking a tightrope', 'fine balancing act' and 'tough juggling performance' are well-worn phrases to describe the unenviable task that Finance Minister Tito Mboweni has in his attempts to snatch victory from the jaws of defeat in the 2020 Budget on Wednesday, says Daniel Silke.
Good credit is just as good as junk and stocks always go up no matter what happens. Buy the dip. Nothing matters.
A Fin24 user urgently seeks guidance on how to pay off debt owing to the amount of R82 000. An expert responds with workable solutions.
A Fin24 user set to retire in August this year is looking at options on where he can invest his pension payout.
A Fin24 user who was forced into early retirement is struggling to pay credit card debt amounting to over R109 000. An expert responds.
A Fin24 reader nearing retirement wants to know if he can access his retirement annuity now while still employed or only after officially retiring.
Sasol was already struggling to keep up with repayments on R162 billion in debt because of a botched US chemical project, when it was blindsided last week a plunge in oil prices. Its shares tumbled to the lowest in two decades, with covenants on loans under threat.
From resolving Eskom's debt issues, to finding opportunities in the renewables sector – these are some interventions from several stakeholders on how to address Eskom's governance and operational challenges.
'If we go the pension route - it must be all of us.'
Eskom officials told the National Energy Regulator of South Africa that it would have to raise debt levels if its regulatory clearing account application is not granted.
The Fiscal Responsibility Bill contains measures to try to contain national debt.
The debt alarm being set off by international debt management organisations is exaggerated, says Misheck Mutize.
Salga President Thembi Nkadimeng said that municipalities struggle to pay their debts, because they struggle to collect revenue owed to hem by government and businesses.
There are examples in the world of responsible lending to poor people, but not here, writes Malcolm Rees.
Lenders are running out of options to get consumers to spend and the asset price bubble is growing bigger as the cost of credit plummets. Can this situation continue unabated?
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
Western CapePlacement Point (Pty) Ltd
R 3 700 000
R 4 500 000
R 5 750 000
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