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Eskom debt albatross hangs over plans to stabilise budget - Vimarsana News

Eskom debt albatross hangs over plans to stabilise budget

Finance minister Enoch Godongwana faces the task of incorporating a credible debt relief plan for the stricken state power utility in the national budget while stabilising government finances as record blackouts weigh on the economy.

Another interest rate hike predicted on July 21 - Vimarsana News

Another interest rate hike predicted on July 21

The SA Reserve Bank will raise its benchmark interest rate by 50 basis points to 5.25% next Thursday as it tries to rein in quicker inflation, a Reuters poll found.