Tag Archives: long term

Buy now, pay later Loans will soon appear on credit reports

Image source: Getty Images If you use buy now, pay later loans, account activity may soon show up on your credit report. Key points The three credit bureaus plan to include data on buy-now-pay-later loans in consumer credit reports. This change could help consumers who use BNPL’s services improve their …

Read More »

The Enemy of Corruption in South Africa – The Namibian

CAYLEY CLIFFORD ON JANUARY 2, South Africans woke up to the news that the country’s parliament building was on fire. Days later came the release of an 800-page report detailing endemic corruption and poor governance in South Africa. Then, several glass doors and windows were smashed at the Constitutional Court. …

Read More »

National Credit Education Month Provides Opportunity to Evaluate Financing Options

ATLANTE, March 16, 2022 /PRNewswire/ — In March, credit professionals, financial experts and lending institutions recognize National Credit Education Month. purchasing power®, a voluntary benefit company offering the leading employee purchase program, encourages all consumers to use the month as an opportunity to hone their credit awareness skills and knowledge …

Read More »

The interest on my tax debt is accumulating. Should I pay it back with a loan?

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. The Credible …

Read More »

South Africa’s finance chief to manage costs and debt wildcards in budget

(Bloomberg) – South Africa’s Finance Minister Enoch Godongwana is under pressure to show that efforts to reduce the country’s budget deficits and get the debt under control will not be jeopardized by new spending measures in the budget. this week. Bloomberg’s Most Read Godongwana will present the government’s spending framework …

Read More »

The need for an urgent reset

The COVID-19 pandemic, the UK’s post-Brexit economic and political focus on Asia-Pacific and development aid cuts all appear to have widened the political and economic distance between the UK and Africa in recent years. But these changes are part of a long-term trend of a slow decline in the relationship: …

Read More »

Why Nigeria might pay more on future Eurobond offerings – Akpata

Mr. Egie Akpata is Chairman of Skymark Partners Limited, a Lagos-based company. He worked at BMO Financial Group in Toronto; Deutsche Bank AG in New York; United Capital PLC and UCML Capital, of which he is a director. Akpata has completed transactions in the debt and equity markets, as well …

Read More »

Emerging currencies that already post higher local rates will outperform this year

FILE PHOTO: Brazilian real and US dollar banknotes are pictured at a currency exchange office in Rio de Janeiro, Brazil in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes/File Photo JOHANNESBURG/BENGALURU, Feb 4 (Reuters) – Emerging market currencies will struggle to stem short-term losses as the U.S. Federal Reserve raises …

Read More »

South Africa taps into growing demand for soft drinks

Johannes le Roux When Johannes le Roux began researching the development of a new brand of ready-to-drink (RTD) beverages in 2015, he had no idea he would be the co-founder of The Duchess, a producer of non-alcoholic gin and tonics. Today, the Cape Town-based company looks poised to benefit from …

Read More »

Jumia’s ad spend must pay off big, and soon

Founded in 2012 and based in Berlin, Germany, Jumia Technologies (NYSE: JMIA) is sometimes presented as Amazon from Africa. So when Jumia shares peaked at nearly $70 a year ago, it might have seemed like a bargain as shareholders eyed long-term Amazon returns. At the start of 2022, after a …

Read More »

BNPL’s Growing Role in Unsecured Lending

Paying for goods according to the installment plan is not a new method of payment, but it has resurfaced in response to increased consumer interest. “Buy now, pay later” gives consumers more control over how much they spend and where they spend it. It also gives them more freedom to …

Read More »

How does “Buy Now, Pay Later” Affect Your Credit Score?

If you’ve been shopping recently, you’ve probably been offered the option to “buy now, pay later” (BNPL) – in other words, split your transaction into installment payments. Getting extra time to pay might seem like a good deal if your budget is tight, but going this payment route may not …

Read More »

How to effectively fight addiction

University of Cape Town counseling psychologist Bathandwa Mazeka offers strategies for coping with drug addiction. A new year is a new beginning and different choices for many people. Some people might consider getting rid of an addiction that might be more difficult than expected. Speaking to Ray White, Mazeka explains …

Read More »

mortgage financial institutions immediate recommendation mortgage advance murray

mortgage financial institutions immediate recommendation mortgage advance murray Generate software direct payday loans Boaz AL for bad investment quick stimulus loans which will be specific credit it is certainly bad debt solid financial institution british debts no expenditure intensely time-consuming financing this is the first time personal debt reasonable cost …

Read More »

Nonprofits with big COVID-19 roles now come under close scrutiny

At St. Paul-based African Economic Development Solutions, an organization that primarily helps businesses run by immigrant entrepreneurs, the past year was unlike any other in the organization’s 13-year history with purpose. non-profit. “It was crazy business,” said founder and CEO Gene Gelgelu. He said the association’s lending, granting and advisory …

Read More »

Family Savings Payday Loans Without Credit Check

Family Savings Payday Loans Without Credit Check Guaranteed how good the money as soon as you get guaranteed works. These no credit check no payday loans telecheck the financing so soon in spite of to operate you will do everything nevertheless bring the amount can mean. To lend are as …

Read More »

MG Motor India explores export opportunities in UK and South Africa; plans to make India an export hub

MG Motor India is exploring export opportunities in the UK and South Africa in addition to developing plans to exploit right-hand drive countries in the global automotive market as it prepares for the long term to improve overseas shipments from India, according to a senior company official. . The company, …

Read More »

Resilient urban cities: what are they and why are they important?

The views and opinions expressed in this article are those of the author. To solve the climate emergency, the city’s investments in green infrastructure that ensure social and racial equity are the way forward to have impact at scale. The Glasgow Climate Pact calls for action, but a few days …

Read More »

Biden’s blunder could push oil prices up to $ 100

When President Biden announcement earlier this week that the federal government would release 50 million barrels of crude from the strategic oil reserve, perhaps those around it expected prices to drop significantly and stay low. Instead, prices rose and OPEC + hinted that it might reduce supply. Oil prices fell …

Read More »

at CDL Truck Driving in Rome, GA | CDL-A Job Owner Operator

Information on owner operators? Owner-operators The information below provides an overview of how working as an owner-operator (also known as an independent contractor) can meet your expected lifestyle, integrate your long-term career plans, and provide the work environment you search. What is an owner-operator? At its most basic level, an …

Read More »

Fight against food insecurity and strengthen the resilience of food systems in West Africa – Burkina Faso

World Bank approves $ 570 million multi-phased programmatic approach to improve food system resilience, promote intraregional value chains and strengthen regional agricultural risk management capacities WASHINGTON, November 18, 2021 —Some four million people across West Africa are expected to benefit from a new regional phased program that will complement and …

Read More »

TAKE A LOOK | Joburg has new aparthotel, as Hyatt House brand debuts in Africa

Hyatt House Johannesburg Sandton (Image: Hyatt) The Hyatt Hotels Corporation has 1,175 hotels in more than 70 countries on six continents. Some of them, like the Hyatt Regency in Cape Town and Johannesburg, are familiar to South Africans. But in a first for the country and the continent, Hyatt House, …

Read More »

Understand the flow of money in crypto. Part 4

welcome to fourth part from our series of articles designed to help you understand the flow of money through different types of cryptoassets. We examine historical trends that appear to be driving a predictable sequence of investor behaviors following a rally in Bitcoin prices. Part one in this series looked …

Read More »

Eskom Gets $ 57.6 Million Loan Approval From African …

Africa’s largest power company, Eskom, has received approval for a $ 57.67 million loan from the African Development Bank to boost power generation from renewable energy. Dr Daniel Schroth, African Development Bank’s Acting Director for Renewable Energy and Energy Efficiency, said the loan is based on a multi-donor funding program …

Read More »

South Africa concludes ‘turning to’ funding agreement to re …

The European Union, Germany, France, UK and US have partnered to support South Africa’s climate action goals by helping finance the shift from its heavy reliance on coal to cleaner and renewable sources of energy. The countries, which announced their partnership with South Africa during the COP26 climate negotiations in …

Read More »

South Africa – African Development Bank approves $ 57.67 million loan to Eskom to boost power generation from renewable sources

The Board of Directors of the African Development Bank has approved a loan of $ 57.67 million to Eskom Holdings SOC Ltd, South Africa’s electricity utility – and Africa’s largest – to operate battery storage technology that will increase electricity production from reliable and efficient renewable energy sources. . The …

Read More »

UFS nuclear medicine department treats first patient with advanced prostate cancer

Dr Osayande Evbuomwan is Senior Lecturer and Medical Specialist in Nuclear Medicine in the Department of Nuclear Medicine, Faculty of Health Sciences, Free State University (UFS). UFS and Free State Province are now joining other South African universities, such as University of Pretoria, University of the Witwatersrand and other provinces …

Read More »

How To Buy Now, Pay Later Loans Through Affirm & Afterpay May Lower Your Credit Score

Vadym Pastukh / Getty Images / iStockphoto You may have seen the option of paying for things like furniture or household items through things like Affirm, Klarna or Afterpay. These options will usually appear below the price of an item you are looking to purchase online and will have a …

Read More »

Skilled people are leaving South Africa in droves – and government employment plans can’t stop it

President Cyril Ramaphosa this week published a letter from his office addressing the state of unemployment in South Africa. In the communication, Ramaphosa announced that the government has launched the second phase of the presidential employment stimulus, which aims to create massive employment opportunities in the country within a short …

Read More »

Latest updates: Australian aristocrat buys UK gambling group for £ 2.7 billion deal

Goldman Sachs obtains full ownership of securities firm in China Tabby Kinder in Hong Kong Goldman Sachs has received regulatory approval to take full ownership of its securities joint venture in China, allowing the investment bank to expand in the country as Beijing relaxes restrictions on foreign companies in its …

Read More »

EA states embroiled in lender debt relief fiasco

By JAMES ANYANZWA East African countries face increased pressure to service their loans after the world’s richest countries executed a botched debt relief plan that pushed more than half of poorest countries in the world in external debt distress. The Debt Service Suspension Initiative (DSSI) of the 20 richest economies …

Read More »

Grit Real Estate in Kenya financing agreement with International Finance Corporation

LONDON-listed Grit Real Estate Income Group, which owns around 60% of its shareholders in South Africa, said yesterday it had issued a bond to raise up to $ 31.5 million ($ 472.3 million rands) to acquire, expand and redevelop the Orbit Africa warehouse. and a manufacturing facility in Nairobi, Kenya, …

Read More »

Nine Nigerians and two South Africans win 2021 Facebook accelerator program in Africa

Facebook announced on Tuesday the winners of the 2021 Facebook Community Accelerator Program, spotlighting 13 Facebook community leaders from Nigeria, South Africa and Kenya who will receive training, mentorship and up to US $ 50,000 from funds to invest in an initiative that extends their community positive impact. The 13 …

Read More »

China manufactures vaccines in Africa. The quad should too. – The diplomat

Advertising In eastern Algeria, in the province of Constantine, a production line has started manufacturing COVID-19 vaccines. The result of a joint venture between the Chinese Sinovac Biotech and the Algerian pharmaceutical group Saidal, it should produce 1 million doses in October, to increase to 5 million doses per month …

Read More »

Banks urged to review loan risk assessment

Capital markets Banks urged to review loan risk assessment Thursday, September 30, 2021 Central Bank of Kenya. PHOTO FILE | NMG By CHARLES MWANIKIMore from this author Summary Banks in East Africa are highly exposed to bad loans, especially in situations of extreme economic shocks, due to weak customer risk …

Read More »

South Africa tells Western envoys it needs funds to switch from coal

Breadcrumb Links PMN company Author of the article: Reuters Alexander Winner Content of the article JOHANNESBURG – South Africa has told climate envoys from the United States, Britain, Germany and France that it needs major financial support to move away from coal, said Wednesday the Ministry of the Environment. South …

Read More »

Alviva struggles to keep up with demand as global chip shortage kicks in

The financial performance of technology group Alviva, listed on the JSE, has been affected by the global shortage of processors and components. This came to light when the company announced its financial results for the fiscal year ended June 30, 2021 on Monday. During the period, Alviva recorded sales of …

Read More »

Why the rental market in South Africa is changing

The housing market in South Africa has been turned upside down again with the current boom in the rental market. While the market has seen a surge in the number of buyers due to low bank interest rates and favorable credit standards, there is now a strong demand for rental …

Read More »

South Africa’s flagship wine fair, CapeWine, returns in 2022

Wine of South Africa has confirmed that its flagship wine fair, CapeWine, will return in 2022, bringing together the largest number of wine producers in the country to a global audience. CapeWine will return in 2022. (image: six decades of Pinotage with Higgo Jacobs, sommelier at Large) The fair, organized …

Read More »

Syracuse Group promotes the development of nine new markets

Kwun Tong, Hong Kong, September 21, 2021 (GLOBE NEWSWIRE) – The Syracuse Group today announced the appointment of nine heritage market professionals, heritage advisors and strategists in Geneva and South Africa, with a date of opening in early 2022. These senior executives join a large number of others hired and …

Read More »

UPDATE 1-S. Africa plans next phase of new 2,500 MW nuclear power plant

(add details) CAPE TOWN, Sept. 21 (Reuters) – South Africa is moving forward with plans for a new 2,500 megawatt nuclear power plant to boost energy security and wants to end the process of supplying ‘by 2024, the deputy energy minister said on Tuesday. “We plan to publish the call …

Read More »

How Emerging Economies Can Overcome Private Sector Risk Perception

The perception of risk associated with investing in emerging markets remains one of the limiting opportunities for a sustainable post-COVID economic recovery. Adopting a more holistic approach to risk mitigation is necessary to improve a country’s attractiveness and business environment and private capital projects. Risk mitigation should be understood as …

Read More »

Why African governments are accepting Afghan refugees

In the final days of the US withdrawal from Afghanistan, a handful of African governments have raised their hands to welcome Afghan refugees. Rwanda, Uganda, Sudan and the self-proclaimed independent state of Somaliland have offered to host hundreds to thousands of refugees in their countries. These African governments — unlike …

Read More »

Exclusive-Nigeria dangote in talks with traders for oil refinery loan

LAGOS / LONDON (Reuters) – Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside the center Nigerian commercial from Lagos, sources familiar with the matter said. FILE PHOTO: View of the Dangote Oil Refinery under …

Read More »

Enlit Africa confirms sit-down with Eskom GCE André de Ruyter in October

Cape Town, South Africa, September 11, 2021 – (PR.com) – Organizers of Enlit Africa have confirmed that Eskom Group Managing Director André de Ruyter will once again attend the opening session of the event Tuesday morning, October 26. The main platform and discussion forum for the electricity and energy sector …

Read More »

KZN and GP riots could reduce South Africa’s GDP by 0.9 percentage point

This is according to the National Treasury, which informed Parliament’s select committee on finance of the impact of violence that erupted last month after former President Jacob Zuma was jailed for contempt of court. FILE: People transport goods as they loot and vandalize the Lotsoho shopping center in Katlehong township, …

Read More »

Is Nairobi ready to become a global financial center? – Quartz Africa

Kenya’s capital, Nairobi, has already made a name for itself as a regional hub for trade, innovation and technology. Now plans are underway to take the city to the next level of becoming a global financial center. Kenya’s launch of the Nairobi International Financial Center (NIFC) last week, making the …

Read More »

NOTICE | Deon Pretorius: How do we deal with South Africa’s “culture of destruction”?

A suspected looter shoots a few items on the ground outside a vandalized shopping center in Vosloorus. The short, medium and long term development processes must be implemented by a government capable of a coalition of agencies to ensure that the conditions that fuel frustration, anger and destructive conflict are …

Read More »

What fatherhood taught me about money

Becoming a parent transforms a person in a profound way. Becoming a dad brought to light my own relationship with money, informed by my childhood, and how it will shape what I want my kids to go through and what mistakes I want them to avoid. More importantly, it gave …

Read More »

Adopt eLearning to help South Africa’s post-pandemic rebound

While the Covid-19 pandemic has disrupted daily teaching processes and sparked the need for alternative learning methods, the growing popularity of e-learning and digital training platforms for minors is not surprising. . Working to provide a simple and consistent approach through specialized platforms, New Leaf Technologies took on the challenge …

Read More »

The business sense is family

TWINS Lwando and Lwazi Ndlangalavu have always gone into business together for a double impact. Their strategy is proof that two heads are better than one. The other day, they were over their weight in the liquefied petroleum gas (LPG) industry – and were having a killing spree. Their latest …

Read More »

Why patience is a virtue in the race to reach net zero

Infrastructure projects in emerging and frontier markets are seldom financially viable on their own due to financial, technical and regulatory barriers. “Patient capital” provides the time and space to start high quality infrastructure projects. Targeted investments of public funds can catalyze private sector investments in infrastructure projects that contribute to …

Read More »

Manchester City aim for Barcelona’s Antoine Griezmann

22:34 GMT Nick juddTransfer writer Barcelona’s Antoine Griezmann is attracting interest from Man City, the Premier League team. CRISTINA QUICLER / AFP via Getty Images Amid all the action from Euro 2020 and Copa America, the summer transfer window has opened, with Europe’s biggest clubs looking to make a splash …

Read More »

Alberta Investment Management Corporation Appoints James Barber Executive Vice President, Public Equities

EDMONTON, AB, July 6, 2021 / CNW / – Alberta Investment Management Corporation (AIMCo) is pleased to announce the appointment of Mr. Jacques Barbier as Executive Vice President, Public Actions. M. Barber joined AIMCo on July 14th, 2021. Alberta Investment Management Corporation (CNW Group / Alberta Investment Management Corporation) “I …

Read More »

Agricultural exporters demand more improvements at Cape Town port

Western Cape AGRICULTURAL exporters welcomed the planned improvements to the Cape Town port, but warned that bottlenecks would jeopardize market access and have a financial impact on the sector. This week, President Cyril Ramaphosa announced that the National Ports Authority would be an independent subsidiary of Transnet in order to …

Read More »

Alok Sharma to address the African Development Bank in June 2021

Greetings to all of you. And thank you for inviting me to join you today. My friends, I am absolutely determined that COP26 will be a COP in the service of African nations. That it will support the countries of this continent to respond to the climate crisis, to seize …

Read More »

African All Stars Transfer News & Rumors: Chelsea to add Loftus-Cheek to Hakimi offer

Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea add Loftus-Cheek to Hakimi’s offer Chelsea are ready to add Ruben Loftus-Cheek to their offer to sign Inter Milan winger Achraf Hakimi, according to La Gazzetta dello Sport. Les Bleus are keen …

Read More »

Beyond vaccine hesitancy: It’s time for Africa to expand its vaccine manufacturing capacity amid growing COVID-19 vaccine nationalism

In The Lancet Microbe, Paul Adepoju provides a report 1 Africa is preparing for COVID-19 vaccines. on Africa’s delay in the global race to roll out mass vaccination against COVID-19. This race is unprecedented and characterized by high-income countries adopting strategies such as pre-ordering millions of doses before COVID-19 vaccines …

Read More »

Why Section 12J investors should buy carefully over the past two weeks – 2oceansvibe News

[imagesource:here] On June 30, 2021, South Africans will be able to say goodbye to the Section 12J tax incentive. It might not mean much to you, but there’s a reason so many savvy investors are so sad to see the tax break disappear. Once interested, the entire signup process can …

Read More »

The role of solar energy in tackling the energy crisis in South Africa

Scatec currently has 448 MW of photovoltaic solar panels in operation in South Africa. Image: Scatec. In an effort to alleviate crippling electricity supply constraints and reduce the use of advanced diesel power plants, the South African government last August launched a technology-independent emergency tender for 2 GW of production …

Read More »

EXCLUSIVE In boost for Africa, Senegal aims to take COVID snapshots next year

Senegal could start producing COVID-19 vaccines next year as part of a deal with Belgian biotech group Univercells to boost drug-manufacturing ambitions in Africa, a source involved in the process told Reuters. project funding. As rich countries begin to reopen after securing vaccine supplies early, African countries are still struggling …

Read More »

Managing Director at Roland Stanley Financial Brokers

As a leading financial firm, we are introducing an incredible career opportunity for a Managing Director (Roland Stanley Inc) to join their team in Johannesburg. We are looking for someone who will be able to lead the expansion of the business while maintaining the current positioning in the market. If …

Read More »

Outlook for Africa Finance Corporation’s rating upgraded to stable by Moody’s

NEW YORK,–(COMMERCIAL THREAD) – Africa Finance Corporation, the leading provider of infrastructure solutions in Africa, received an increase in its credit rating outlook from Moody’s Investors Service, which assigned a “stable” outlook. The decision ratifies the second investment grade ranking among African institutions for AFC, with Moody’s upholding the company’s …

Read More »

Covid Debt – 5 Ways To Hang On To Your Home (Or Let It Go)

Through Bonny fourie 46 m ago Share this article: ShareTweeterShareShareShareE-mailShare Cape Town – The 2020 Covid-19 lockdown still has many homeowners under financial pressure. Pay cuts and even unemployment are always realities for families, and mortgage repayments are proving difficult. Some homeowners even face the grim reality of losing their …

Read More »

This might be your last chance to invest in Section 12J and here’s how

The metaphorical train, which officially leaves the station on June 30, will see the end of Section 12J’s sunset clause, marking the successful end of this tax incentive in South Africa. Fortunately, SARS gave South African taxpayers one last chance to take advantage of this incredible tax exemption by giving …

Read More »

IntoCare Medical Raises Up to RMB100 Million in Round D Funding, Doubling the Motorized Stapling Market

Founded in 2015, IntoCare is a high-tech company focused on manufacturing and marketing innovative surgical instruments. The company is committed to becoming one of the most innovative and dynamic surgical instrument companies in the China. Thanks to its precise and in-depth knowledge of clinical demands, IntoCare has constantly innovated in …

Read More »

Easy registration to close the financing gap for African SMEs Sh33trn

Chroniclers Easy registration to close the financing gap for African SMEs Sh33trn Wednesday, May 26, 2021 Nairobi Stock Exchange dealing room. PHOTO | NMG By RUFUS MWANYASIMore from this author summary It is undeniable that SMEs play a vital role in the growth of an economy both as a creator …

Read More »

Africa’s infrastructure paradox can be alleviated with innovative finance | New times

108 billion dollars. This number, too large to be apprehended, represents Africa’s annual infrastructure financing gap, and as revealed by a study conducted by the African Center for Economic Transformation (ACET) and Omdena, a data, it could grow to 1.7 (!) Trillion dollars over the next 20 years. years. According …

Read More »

NBA announces formation of NBA Africa with investment of five former players | NBA.com Canada

JOHANNESBURG, SOUTH AFRICA, May 24, 2021 – The National Basketball Association (NBA) today announced the formation of NBA Africa, a new entity that will lead the league’s activities in Africa, including the Basketball Africa League (BAL) – a partnership between the NBA and the Federation basketball international (FIBA) and the …

Read More »

Team Europe launches new funding platform to support health security and resilience in Africa – World

Sustainable Health Industry for Resilience in Africa (SHIRA) to strengthen health security and resilience across Africa and address weaknesses highlighted by COVID-19 European Investment Bank and European development finance institutions mobilize private sector finance to improve health security and resilience SHIRA Supports Wider Team Europe Initiative to Strengthen Manufacture and …

Read More »

New collaboration intends to reap the benefits of events for Joburg as an event destination

Job creation programs will also be an important part of the collaboration. The events industry has been hit hard by lockdowns linked to the coronavirus pandemic and travel bans. In order to generate opportunities in the events sector for Johannesburg as a destination, the city and the industry body, the …

Read More »

Pothole patrols return to town after 10 years

Dialdirect and Discovery insurers relaunched the pothole patrol initiative after 10 years. In collaboration with the Johannesburg Roads Agency (JRA), the unique data-driven initiative took to the streets of Sandton at the official launch on May 3 at the corner of William Nicol and Sandton Records. We are on the …

Read More »

France sells 30 Rafale fighter jets to Egypt in $ 4.5 billion deal

Egypt’s defense ministry said the sale would be funded by a loan to be repaid over at least 10 years. In this archive photo from February 21, 2020, French Navy Rafale fighter jets are seen aboard the Charles de Gaulle aircraft carrier. (Reuters) Egypt has signed a contract with France …

Read More »

AFD and Eskom commit to a competitive electricity sector

Featured Image: 123rf.com The French Development Agency (AFD) and Eskom today [Monday, 3 May] signed a memorandum of understanding to further affirm their commitment to the promotion and development of a competitive electricity sector. Over the past 14 years, AFD has committed 5.9 billion rand (340 million euros) in loans …

Read More »

Third consecutive B-BBEE level 1 rating for Samsung South Africa – Samsung newsroom South Africa

Samsung continues to play an active role in the government’s vision for a more inclusive society JOHANNESBURG, South Africa – May 03, 2021 – Samsung strongly believes in the transformative power of technology and innovation to effect societal change. This makes achieving a third successive Large Scale Black Economic Empowerment …

Read More »

Kenya Power seeks lender to fill cash gap

Kenyan distribution company Kenya Power is facing serious debt problems which have led the company to seek a lender to fill its cash shortfall. In 1973, the government of Kenya signed an agreement with the then East African Power and Lighting Company to connect electricity to rural areas. Under this …

Read More »

The sordid subject of student loans

On the money. Budding stock investor Jarryd Neves, of BizNews, sends out an invitation to anyone who wants to ask questions about investing in stocks – but are too embarrassed to ask. Write to [email protected] And listen to his regular Monday column: On the Money It’s no secret that South …

Read More »

Pros and Cons of Borrowing Money From Your 401 (k) Plan – Managing Your Money

Although the IRS generally allows loans to be taken out from 401 (k) plans, your employer may not allow it in their particular plan. If your employer allows you to borrow against your 401 (k) balance, there may be other restrictions. Loans for your 401 (k) cannot exceed the lesser …

Read More »