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South Africa has taken a hiding in recent weeks from the rating agencies and foreign investors, The Economist and The Wall Street Journal, strikes and unions. We are facing increased electricity tariffs and urban tolling, unsecured lending challenges and
It’s a sad but well known fact that South Africans are not big savers and latest figures show that our savings remain weak while our debts are rising
One local asset manager has warned that if South Africa does not start to find some strong political leadership in the coming months the rand could end up collapsing to more than R10 to the dollar.
It is almost five years since the so called sub-prime contagion triggered a global economic slowdown. But despite the myriad financial and regulatory interventions made by governments, central banks and even entire regions, think Euro-zone, the outlook fo
The strongest deterrent against FSP compliance missteps is or should be: