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SA, Zim discussing state-guaranteed bank loanSouth Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its northern neighbor’s cash-strapped private sector. Fin24 Fin24 Which state bank would that be ? Will it’s guarantee be worth the paper on which it will be written ? In the event of a default, will RSA repossess Zimbabwe ? Fin24 We don’t have money. Go beg somewhere else and close our borders
Source: News24 - 🏆 4. / 80 Read more »
IMF approves $4.2bn loan for EcuadorThe multi-billion three-year deal will support Ecuador's economic reform program. Let me fix it IMF just bought Ecuador for $4.2bn
Source: eNCA - 🏆 49. / 51 Read more »
Questions surround Samwu's R12m VBS loan as administration loomsThe Labour Registrar wants municipal union Samwu to explain why it failed to repay a R12 million loan it received from VBS Mutual Bank but Samwu’s general secretary Simon Mathe insists the loan has been repaid. What is eye witness saying exactly
Source: ewnupdates - 🏆 30. / 53 Read more »
EXCLUSIVE: VBS loan, dubious financials could leave Samwu under administrationThis follows several damning discoveries made by the Labour Registrar of large scale financial irregularities, including a questionable loan amounting to R12 million Samwu received from VBS mutual bank. Not if the Minister of Labour could have it her way. Even it means calling the Registrar of Labour to order like she did with the previous one.
Source: ewnupdates - 🏆 30. / 53 Read more »
PIC's R9.3bn loan to Jayendra Naidoo was 'reckless', says former executiveThe PIC's previous head of risk highlighted irregularities surrounding the loan to Jayendra Naidoo's Lancaster BEE vehicle. Tragic Seeheaa. Disting. Whatchucall. Faakorf Treating the PIC as their personal piggy bank.
Source: BDliveSA - 🏆 12. / 63 Read more »