Airports Company of South Africa, a majority state owned enterprise, is set to be hit by a regulatory own-goal that puts further pressure on the country's credit rating.
World Literature Today/Flickr
Financially illogical and fuelled by irrational dogma, the creation of a new tranche of private sector debt is a missed opportunity.
It’s too soon to say what advantages there are to issuing government bonds using blockchain technology.
Despite a media statement announcing that Commonwealth Bank of Australia (CBA) and Queensland Treasury Corporation (QTC) have created the first government bond using the blockchain (dubbed the “cryptobond…
Modesty in your spending (and half an eye on the future) could make you very cheerful indeed.
The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country's economy and finances.
Voters rejected Matteo Renzi’s referendum on constitutional reform, plunging Italy into political uncertainty.
The "no" result from Italy's referendum is likely to brew political and economic uncertainty for some time yet.
Italy’s Prime Minister Matteo Renzi will likely resign if the result of the referendum is a “no” vote.
Tony Gentile /Reuters
Even if Italy votes for changes that will make it easier for the government to pass economic reforms, the country's economy will still be in trouble.
The recently updated Integrated Resource Plan calls for significant investment in South Africa's power supply. But can the country afford it?
A zero rate for business could actually be a progressive move and would reflect the anti-bureaucratic spirit of Brexit.
Eskom power lines. South Africa’s power utility may be in a much weaker financial position than generally appreciated.
A closer look into the latest financial numbers of South Africa's state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
Athens can celebrate two consecutive quarters of growth. Berlin must stomach some weakness. Everyone should remember cheap money isn't free money.
Private developers in China have been increasing their debt levels, research shows.
China's private property market is to blame for rising debt, not government owned or controlled businesses, new research shows.
Hart and Holmström changed the way we think about corporate governance.
Bank of Japan Governor Haruhiko Kuroda has been trying various expansionary monetary policies to get the Japanese economy going.
The Bank of Japan is trying yet another measure to fight deflation but the economy shows no signs of responding.
People are needlessly filing for bankruptcy because they don’t understand the system.
New research shows people are needlessly declaring bankruptcy because they don't know about the help available to manage their debts.
New RBA changes could mean SME’s can’t rely on commercial credit cards to pay suppliers and wait out long payment terms with big business.
If the RBA includes commercial credit cards in new caps on interchange fees, small to medium enterprises might not be able to use them as a source of finance.
Africa needs billions of dollars to finance the Sustainable Development Goals. Its not clear where this money will come from.
Mannequins for sale in the Crawley branch of BHS.
The pursuit of shareholder value destroys jobs, investment and the long term health of the economy, but as long it is legal Philip Green’s behaviour is just business as usual.
She certainly thinks so.
Puerto Rico parade via www.shutterstock.com
Congress just passed a bailout for Puerto Rico – in the nick of time – yet it's not enough to solve the island's biggest challenge: returning to growth.
Was Bill Shorten right about debt under the Coalition government?
Was Opposition Leader Bill Shorten right to say that $100 billion has been added to Australia's national debt on the Coalition government's watch?