Eskom faces closure threat at biggest working power plant

2020-02-25 14:40

The utility was served with a compliance notice by South Africa's environment ministry because of its high levels of air pollution in December.

Daniel Silke | Budget 2020 will be more pain than gain

2020-02-24 21:02

'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.

Wall Street has a new slogan for why stocks keep going up as the world falls apart: 'Nothing Matters'

2020-02-24 05:44

Good credit is just as good as junk and stocks always go up no matter what happens. Buy the dip. Nothing matters.

MONEY CLINIC: My debt has climbed to R82 000, I can't afford to pay

2020-02-22 07:15

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.

MONEY CLINIC: I'm retiring later this year. Where can I invest my R700 000 pension?

2020-02-19 06:04

A Fin24 user set to retire in August this year is looking at options on where he can invest his pension payout.

MONEY CLINIC: I've been forced into early retirement and can't afford to repay my debt, what can I do?

2020-02-15 07:00

A Fin24 user who was forced into early retirement is struggling to pay credit card debt amounting to over R109 000. An expert responds.

MONEY CLINIC: Which debt should I pay off first in order to improve my credit score?

2020-02-12 05:00

A Fin24 user wants to know whether paying off a car loan or credit card will make her credit score 'look better.'

MONEY CLINIC: Is it better to settle debt before saving?

2020-02-08 08:00

A Fin24 user asks whether saving is better when debt is paid off or not.

MONEY CLINIC: My loans are giving me a low credit score; how do I properly deal with them?

2020-01-22 05:00

A Fin24 user looks to an expert for help in improving his credit score by paying off his debt.

South African taxpayers have paid R16.5bn to bail out SAA over the past decade — almost R1,000 per household

2020-01-16 13:17

The bailouts exclude the R17.31 billion in debt guarantees the state extended to SAA.

 

Eskom warns it might have to raise its debt levels further

2020-02-25 12:57

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.

DA proposes bill to stabilise fiscus ahead of Mboweni’s Budget

2020-02-24 13:30

The Fiscal Responsibility Bill contains measures to try to contain national debt.

OPINION| African countries aren’t borrowing too much - they’re paying too much for debt

2020-02-23 15:09

The debt alarm being set off by international debt management organisations is exaggerated, says Misheck Mutize.

Municipalities can't pay up because they're not being paid, MPs hear

2020-02-20 05:00

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.

The human cost of South Africa’s unsecured lending explosion

2020-02-15 07:00

There are examples in the world of responsible lending to poor people, but not here, writes Malcolm Rees.

How will the surge in negative-yielding debt end?

2020-02-13 09:52

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?

Property giant Intu shares jump as it confirms 'discussions' over cash call

2020-02-10 21:59

Embattled UK mall property owner Intu has been struggling with a mountain of debt, but on Monday confirmed that it is in talks with potential investors to get cash to address its number one priority - fixing its balance sheet.

Government deaf to the plight of 'missing middle' students

2020-02-04 14:52

Daily, social media is flooded with requests for funding by non-NSFAS students on the brink of financial exclusion at tertiary institutions, because they're unable to raise the money needed to cover historical debt so that they can continue with their studies.

Eskom halts power cuts to Northern Cape municipality pending outcome of court case

2020-01-20 10:27

This is not the first time the debt-laden utility has threatened to cut power to non-paying municipalities, as it seeks to recoup funds to improve its precarious financial position.

Here's what SA financial experts would do with R10 000 in 2020

2020-01-13 06:00

Fin24 asked financial experts how they would grow R10 000 in the new year. Here's what they said.

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