The lack of transparency in a deal reached between Zambia’s debt-laden government and the China Development Bank (CDB) is making Zambia’s debt crisis worse, says… Read More »Terms and Conditions of Zambia and China’s Deal
An African Union review panel criticized credit ratings companies for aggressive downgrades of countries on the continent during the coronavirus pandemic.The African Peer Review Mechanism… Read More »AU Panel Criticises Ratings Agencies for Cutting Poor Nations’ Debt Ratings During Pandemic
The Financial Sector Conduct Authority (FSCA) has fined former Steinhoff CEO Markus Jooste R121-million for insider trading related to the imminent (at the time) crash… Read More »South African Regulator Issues World’s Second Largest Fine for Disgraced Executive
The US is blocking the appointment of Ngozi Okonjo-Iweala as the next head of the World Trade Organization despite the former finance minister of Nigeria… Read More »The White House Puts a Stop to Having an African WTO Head
Eskom reports a net loss of R20.5 billion for the 2020 financial year. Chief Executive Andre de Ruyter released a statement on Friday. He describes… Read More »Eskom Reports Net Loss Of R20.5 Billion
The Gauteng High Court in Johannesburg on Friday granted former Bosasa COO Angelo Agrizzi bail. Agrizzi was denied bail by the Palm Ridge Magistrates Court… Read More »High Court Grants Former Bosasa COO Angelo Agrizzi Bail
The World Golf Awards team have just announced their 2020 winners and Fancourt is thrilled to have received not one, but two of the prestigious… Read More »Fancourt Is Africa’s Best Golf Hotel – World Golf Awards 2020
The R10,5 billion promised to SAA in the finance minister’s medium-term budget speech will only be granted in January, meaning the government needs bridging capital… Read More »Finance Promised To SAA To Be Granted In January
A potential hostage situation at the Gauteng Arts and Culture Department in downtown Johannesburg has been averted. A group of disgruntled artists barred staff from… Read More »Disgruntled Artists Demand Answers
Pravin Gordhan has welcomed government’s commitment to provide R10.5 billion to be used to finalise the Business Rescue Plan (BRP) and restructuring of South African… Read More »Gordhan Expresses Disappointment With SAA Critics