by sundelbolong | May 30, 2020 | Business & Finance News
When President Cyril Ramaphosa announced the R500-billion coronavirus package in April, entrepreneur Ian Solomon was relieved. A big chunk of the stimulus package, the R200 billion loan guarantee scheme to help businesses hard hit by Covid-19 was supposed to help his...
by sundelbolong | May 30, 2020 | Business & Finance News
A possible conversion of the Public Investment Corporation’s bond investment in Eskom into equity is just one of a “range” of options on the table, the state-owned asset manager has said. Earlier in the week, Bloomberg reported that a proposal to...
by sundelbolong | May 30, 2020 | Business & Finance News
Limited domestic air travel will be allowed under Level 3 of lockdown, phased in for business purposes, Transport Minister Fikile Mbalula said on Saturday. While this could be good news for businesses that have to date been hamstrung by travel restrictions, it also...
by sundelbolong | May 30, 2020 | Business & Finance News
The Covid-19 pandemic is making the 2008 financial crash look like a dress rehearsal for the real thing, leaving millions across the world asking how they’re going to keep up retirement fund contributions while their salary is shrinking, or done a Houdini and...
by sundelbolong | May 30, 2020 | Business & Finance News
A Fin24 reader questions the legality of being charged double interest on outstanding bond debt, as well as R50 000 in legal fees. She writes: I would like to know if this is legal. We bought a duplex for R475 000 in 2009. My husband has paid monthly from then until...
