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South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...
Transnet faces a potential liquidity crisis as Moody's warns of unsustainable capital structure and exhausted government ...
Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, a crucial step to support the state-owned entity's capital investment programme and address its debt oblig ...
“The ratings on South Africa benefit from the country’s sizable and sophisticated financial system that ... provided R50 billion in guarantees to Transnet in 2025. However, we expect an ...
In his post, Musk claimed: “South Africa has now passed 142 laws forcing ... unlawful immigration and debt issues to focus on,” added a user.
However, the nation’s economic activity may be limited due to ongoing logistical issues ... ratings on South Africa are bolstered by the country’s sizable and sophisticated financial system ...
This is because South Africa’s tax legislation provides for ... for Economic Research (BER), this raises serious process issues relating to the budget and could lead to sweeping changes to ...
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Daily Maverick on MSNInvesting in the future – South Africa’s budget focuses on infrastructure and social welfareThe decision to do away with the VAT increase, without a viable alternative source of revenue, significantly reduced our ability to fund additional government programmes and projects to the extent we ...
The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of ...
“South Africa has largely addressed 20 of the 22 action items outlined by the Financial Action Task Force ... had largely complied with 20 of the 22 issues that got it placed on the grey list ...
“Our most recent acquisition, that of Lafarge South Africa ... the first half of the financial year, the operation contended with known reliability issues at the cement factory, resulting ...
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