by Sarfaraaz Hamza | Jun 30, 2017 | Blog
Credit rating firm S&P Global warned South Africa on Tuesday that its rating could be cut deeper into junk territory if the government meddles with the “critical” independence of the country’s central bank. A row over the South African Reserve Bank has escalated... 
by Sarfaraaz Hamza | Jun 22, 2017 | Blog
Many of us face unforeseen problems due to bad credit from time to time and with it comes the feeling of being lost as you are not able to come out of an emergency situation. For those in these dire straights, there may be hope as they could still be eligible for... 
by Sarfaraaz Hamza | Jun 18, 2017 | Blog
The latest financial reports indicate that South Africa’s economic growth will be much softer this year after the country slipped into recession in the first quarter, and with inflation easing an interest rate cut is back on the agenda, a Reuters poll found. Africa’s... 
by Sarfaraaz Hamza | Jun 17, 2017 | Blog
South Africa’s Finance Minister Malusi Gigaba said on Thursday the Treasury was looking for ways to cut government spending further and reallocate funds to help boost growth while maintaining its fiscal target. Gigaba, who was appointed as finance minister in March... 
by Sarfaraaz Hamza | Jun 17, 2017 | Blog
South Africa could see a spike in bad loans as the first recession since 2009 hits millions of chronically indebted consumers struggling to pay back credit totalling R1.7 trillion ($133.19 billion), the National Credit Regulator (NCR) said on Wednesday. Africa’s most...
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