Wind Up Wind Down

Paying off your debts can prove challenging to many. Many fail to understand that paying off debts requires discipline, planning, and proper financial management.

Michael Georgiou, a non-executive director at JSE-listed Accelerate Property Fund, was forced into a share sale earlier this month which saw 107 million shares in the group disposed of. The shares were effectively seized by Investec, which the fund says exercised “its security rights in terms of an existing lending agreement”.

The CEOs of South Africa’s biggest companies are supporting government in tackling the challenges getting in the way of economic growth.

South Africa is heading for a technical recession as its economy will likely shrink further in the fourth quarter with increased...

Comair no longer has access to capital to fund its operational costs and will be placed under Provisional Liquidation.

The fourth industrial revolution is changing the face of mid-sized corporates

South Africa’s economy has not fully recovered to pre-pandemic levels and is only expected to recover to these levels towards the end of next year. Consumers have to deal with higher inflation and a petrol price above R20/litre.

The Monetary Policy Committee of the Reserve Bank has decided to increase the repo rate by another 25 basis points as expected by economists

The SA consumers of 2021 were definitely not the same consumers of 2019, and showed drastic behavioural changes.