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.
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.
JOERG CARSTENSEN/AAP
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.
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?
AAP/Mick Tsikas
One of the worst hit countries during the financial crisis has regained economic strength inside a gilded cage – to the extent that it can now step outside, melt it down and re-sell the gold.
Greece needs genuine European support.
EPA/Alexandros Vlachos