Councils facing threat of bankruptcy as one in four could be forced to request bailouts
Number of councils applying for government support is expected to rise significantly without an improved funding settlement ...
Eskom Bailouts: A looming R500bn burden on taxpayers
South Africa’s troubled power utility burns R23bn in procurement deviations over just 90 days, accounting for 91% of the ...
Quarter of English Town Halls Likely to Need Bailout, Poll Finds
A quarter of town halls in England are likely to need emergency bailouts from the UK’s central government to avoid bankruptcy ...
$635 million federal bailout to save 22,500 carpenters from pension check cuts
A struggling union pension fund for more than 22,500 metro Detroit carpenters and millwrights is getting a $635 million ...
News246 天
Almost half a trillion rand in bailouts have now been paid to Eskom, Transnet and others
Bailouts for cash-strapped South Africa's state companies have cost taxpayers R456.5 billion over the past nine financial ...
The Financial Times15 天
‘No more bailouts’: the missing US campaign slogan
Here’s one missing in the campaign so far, that fits nicely on a bumper sticker: No More Bailouts! Doling out dollars by the hundreds of billions in 2008, and trillions in 2020, state rescues ...
Ethiopian3 天
Latest NBE directive introduces terms for banking liquidity crisis bailouts
A new directive from the central bank sets the terms for a mechanism that would allow it to supply commercial banks with cash ...
businesstech.co.za6 天
R500 billion in taxpayer bailouts for Eskom
Eskom is heading for a bleak milestone in its finances – with bailouts from National Treasury set to hit just under R500 ...
The Citizen6 天
SA’s poor service delivery linked to almost R500 billion spent on SOE bailouts
The National Treasury has attributed poor service delivery to their decision to provide cash-strapped state-owned enterprises ...