A painless legal sop to poorer debtors
A new South African law bringing relief to over-indebted, lower-income consumers is unlikely to deal as severe a blow to banks and retailers that some investors may fear.
A new South African law bringing relief to over-indebted, lower-income consumers is unlikely to deal as severe a blow to banks and retailers that some investors may fear.
Steinhoff may have about $16.6bn of assets and stakes in profitable companies but you won’t see that reflected in the share price.
The Fidentia scandal involved a massive financial services company raiding funds allocated to widows and orphans in the 2000s.
As Ted Black has experienced, his views aren’t always favoured by the masses. More so when the analysis he puts together on one of the JSE’s top performers – Naspers.
Finally the details of what went on behind the scenes at Steinhoff is spilling out into the open. Listen to the insiders and experts as they share the details.
Here Steinhoff CEO Louis du Preez answers the two questions asked of him daily, including: When is former CEO Markus Jooste going to jail?
Various other risks, like South African Airways, the Road Accident Fund and medical negligence lawsuits (R98bn), continue to linger.
It’s only by April 2020 that Eskom expects to ditch the need for diesel to run its open cycle gas turbines to supplement electricity supplies.
Once a market darling, EOH now finds itself on the unwanted list. Analyst Ryk de Klerk spot checks the numbers.
Harking back to the Clinton presidential triumph on the back of his USA economic revival strategy in 1992, Paul Hoffman, elaborates on three courageous steps he says South African President Cyril Ramaphosa and his reformists must take.