by sundelbolong | Jun 3, 2020 | Business & Finance News
A Fin24 reader seeks to find the best investment vehicle to invest in during Covid-19. He writes: I have R10 000 to invest – What would be my best options now during Covid-19? Asavela Gwele, Client Relationship Associate at 10X Investments, responds: Saving...
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...
by sundelbolong | May 28, 2020 | Business & Finance News
There is still a reasonable prospect of rescuing struggling flag carrier South African Airways if the money to do so is provided, the state-owned airline’s business rescue practitioners said in a letter to affected parties on Wednesday. In terms of the business...
by sundelbolong | May 27, 2020 | Business & Finance News
South Africa’s state-owned diamond mining company, Alexkor, is not operating as a going concern and could see its remaining cash reserves depleted by June, the department of public enterprises has warned. Department officials and the state-owned company’s...
by sundelbolong | May 26, 2020 | Business & Finance News
South Africa is likely to see long-term economic damage and “deep scarring” on unemployment numbers unless urgent reforms are implemented to attract foreign investment and improve ease of doing business. This is because there simply isn’t enough...
