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The graph below shows Eskom’s total liabilities and debt since 2006. Rising debt does not necessarily signal a financial problem. Many companies increase their debt by expanding their profitable ...
Financial crises are the new normal in the current era, according to Yale economist Stephen Roach. A crisis arrives somewhere in the world on average once every three to four years, he estimated.
For those of you who don’t remember the Global Financial Crisis of 2008 (it even has its own acronym, GFC), it was no walk in the park. From late-2007 to mid-2009, a downturn in the US housing ...
Contagion Effect Leading to Global Financial Crisis The financial markets’ collapse in the U.S. had a contagion effect that spread to other countries, with many economists dubbing it a global ...