Tag: debt
Finding financial success when you have too much debt to save
Debt management firm, DebtBusters, recently released its Debt Index for the first quarter of 2022, which shows that middle-class South Africans are falling further into...
Cost of living rises as fuel prices climb by over 20% since January. Dramatic...
The fuel price has a considerable knock-on effect on the cost of living as so much depends on fuel, not least the transportation of...
High debt levels number one reason why South Africans are unable to save
South Africans have long been considered as being amongst the world’s worst savers for retirement, but the reasons may have more to do with...
OPINION: Cut water costs – The drought is over and the costs and tariff...
It is disappointing that water taffies will further increase next year, in spite of rising debts in vulnerable households in Cape Town.
The grossly high...
Tax on booze, fuel & cigarettes hiked while income tax stays put
The 2021 annual budget speech by the finance minister took place in Cape Town on February 24 2021. All eyes were on Tito Mboweni...
Craft brewers battling to survive blanket ban on alcohol
According to a survey conducted by The Craft Brewers Association of South Africa (CBASA), the vast majority of local craft brewers don't see themselves...
Sasol ease its debt burden in $2bn deal
LYONDELLBASELL and Sasol have announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire...
South Africa’s budget deficit, debt seen widening as virus hits economy
South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the Treasury said on Wednesday, as the COVID-19 pandemic further stifles...
How to stretch your Rands and cents in these trying times
The current economic environment coupled with further challenges of income instability that COVID-19 brings requires consumers to cultivate good money management habits, focus on...
Ascending the debt pile
CAPE TOWN-based pharmaceuticals giant Ascendis – which was concocted by Steenberg-based private equity investor Coast2Coast – remains under serious debt stress.
Ascendis had been looking...
MUST READ
Why AI is both a risk and a priority defence tool
Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...