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 29, 2020 | Business & Finance News
President Cyril Ramaphosa told fellow heads of state and dignitaries from around the world on Wednesday afternoon that African states and other developing economies would need their debt obligations suspended if they hoped to fight the impact of the coronavirus...
by sundelbolong | May 29, 2020 | Business & Finance News
In 2009, the US Federal Reserve (Fed) in effect saved the world by embarking on a massive programme of monetary stimulus, called quantitative easing (QE), and so – through its extended money-printing and -buying programme – prevented a global depression from taking...
by sundelbolong | May 28, 2020 | Business & Finance News
Africa’s biggest fund manager, the Public Investment Corporation, is willing to convert more than R90 billion of Eskom’s debt into equity. The proposal has been submitted to South Africa’s National Treasury by the PIC and its main client, the Government...
by sundelbolong | May 26, 2020 | Business & Finance News
There are still large gaps in the financial aid needed to help airlines survive the Covid-19 crisis, the International Air Transport Association said on Tuesday. IATA, the trade association for the world’s airlines, expects the airline industry’s global...
