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Tag: finance

Eskom a risk to South Africa as finances are getting worse

Eskom is expected to deliver worse than expected financial results with the power utility a major risk to South Africa’s fiscal targets. An...

Can Eskom avoid a financial death spiral?

The power utility’s business is out of sync with its market. The challenges Eskom is facing around governance, corruption and state capture are common cause,...

Eskom suspends CFO

Eskom on Friday announced the suspension of its Chief Financial Officer Anoj Singh. “Eskom has suspended its Chief Financial Officer, Mr Anoj Singh pending a disciplinary hearing,” said the power utility. In July, the power...

New Transnet, DBSA finance scheme set up to support African rail exports

State-owned entities Transnet and the Development Bank of Southern Africa(DBSA) have agreed to create a new facility that will extend favourable financing to African and Middle Eastern...

Barclays Africa weathers economic storm for now

South Africa’s tough economic conditions have taken their toll on Barclays Africa , with the bank’s revenue falling by 1%. It still outperformed its UK...

The African Business Outlook

The African Business Outlook is looking quite bleak, with corruption and a lack of adequate infrastructure seeming to be the biggest problems in the...

Building Your Own Home: Tips and Tricks

Everybody has a dream home. Perhaps yours has a master bedroom overlooking the garden….a modern, open-plan kitchen….spa-like features in the bathroom…or a huge patio...

South Africa’s top 10 financial companies

With help from the University of Cape Town, annual publication Top 500 South Africa’s Best Managed Company has whittled the country’s financial firms down the its...

Old Mutual and Nedbank contribute R10m to UCT finance institute to develop scarce skills

The development of much-needed skills for the financial services sector in South Africa has been given a boost by a collaborative donation of R10m...

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