Creator
Lynley is a senior business reporter at the Mail & Guardian. But she has covered everything from social justice to general news to parliament - with the occasional segue into fashion and arts. She keeps coming to work because she loves stories, especially the kind that help people make sense of their world.
TymeBank, Bank Zero and Capitec are all looking for ways to woo businesses – including SMMEs – on to their books
The financial sector has been accused of being hysterical about amendments to the law. But there are some genuine concerns
The border management authority threatens “to be an auxiliary police service”, creating “oversecuritised zones”
Some analysts say the proposed fund is creating policy uncertainty but others think it could help to fix a broken system
Social norms and the economic value we attach to work are among the reasons the disparity still exists
Local and global factors — including the Eskom bailout and US-China trade tensions — are weighing on the appetite for government debt
The appointment of a chief restructuring officer is a positive step, but it is not a silver bullet for the power utility’s debt burden
SAICA CEO Freeman Nomvalo will head up team to help Eksom reorganise its operational and funding structures
The decision comes a day ahead of Eskom’s financial results announcement, which is expected to reveal record-breaking losses
Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last
The additional R59-billion over two years for Eskom comes on top of slowing tax revenues and will require government to revise its funding plans
The additional fiscal support comes as Eskom is weighed down by debt and is expected to report losses of R20-billion in upcoming financial results
Political divisions have resurrected debate over whether it is fair to pay for Gauteng’s e-tolls through the fuel levy
Banks argue the Competition Tribunal has no power to call out foreign firms on cartel conduct
In a move that will bring some relief to consumers the South African Reserve Bank (SARB) cut its repo rate on Thursday to 6.5% The step was largely expected, particularly in…
The former PIC boss alludes to political interference in some of the state asset manager’s investments
But South Africa will have to adopt proactive policies to increase demand and manufacturing
Thursday’s joint statement supporting the SARB comes after new deputy finance minister David Masondo is quoted questioning current monetary policy
The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%
Things are so bad in Standerton that a JSE-listed company has to truck in and treat its own water