The best chance South Africa has of recovering from sub-investment grade credit rating status is to have leaders who are prepared to break rank with the small-mindedness of the ruling party.
David Neves, University of the Western Cape and Deborah James, London School of Economics and Political Science
Entities at the centre of the storm engulfing South Africa’s social grants distribution system have claimed to be champions of financial inclusion. The claim in itself is scandalous.
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.
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…
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.
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.
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.