In what is being described as the current "existential conundrum" faced by developed market banks, a portfolio manager at Foord Asset Management weighs in on what this means for the local banking sector.
It s also getting a R250m debt transfer and an 18% tariff increase – but if it can t produce electricity it will still have financial problems, says Rashaad Tayob of Foord Asset Management.
With uncertainty hanging over his head, Ramaphosa will need to exercise leadership of the highest order to push through the economic reforms and anticorruption measures he announced in October, writes Bobby Ghosh.