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South Africa’s non-governmental capital market has been stagnating since 2017, with issuances languishing. As a result, the size of the debt capital is currently just short of R1 trillion, or 25% of the total bond market.
Eskom has promised to keep the lights on during Ramaphosa's SONA, but can't guarantee the same for the rest of the nation.
A viral post claims that cash-strapped Eskom paid R4 billion to the wrong person 'by mistake' and opted out of recovering the funds.
The Sabah State Government and PETRONAS have sined a Commercial Collaboration Agreement to further enhance the collaboration between the two parties in developing the oil and gas industry in Sabah.
4th June 2021 The gap between BotswanaPostâs revenue and expenditure continues to widen, thanks largely to the amalgamation with its sister company – Botswana Couriers and Logistics some three years ago. The two turned into a single entity after the sole shareholder â Botswana government issued out an instruction for the two entities to amalgamate following the cancelation of a proposed merger between BotswanaPost and another State Owned Entity â Botswana Savings Bank (BSB). Last week, the companyâs executives came out very clear that going to bed with an insolvent B...