Anonymous sources
Fin24
US deficit 'accident waiting to happen' - Fin24
Earlier this month an administration official said Obama's budget for the current fiscal year projects a $1.3 trillion deficit, slightly higher than the $1.296 trillion in 2011. According to estimates from the International Monetary Fund, ...
Bonds firmer on rand - Fin24
Eurozone finance ministers will convene over the phone on Monday to discuss their next steps to stem the debt crisis following a high-profile summit in Brussels earlier this month, a person close to the matter told Dow Jones Newswires. ...
Green Fund can hurt your pocket - Fin24
He did not wish to be identified. In a behind-the-scenes information session at COP17 regarding the fund the official said that, despite the considerable disagreement and uncertainty regarding exactly how the fun should look and function, ...
Minister takes charge at Postbank - Fin24
An industry source familiar with Postbank who declined to be named said the establishment of the ministerial committee was an indication that Padayachie was apprehensive about developments at Sapo. "If the process was working smoothly there would not ...
Sarb swoops on Khumalo's assets - Fin24
A former ANC colleague who is also in business and who spoke off the record said while Khumalo was under increasing business pressure, it was unlikely that his current woes would bankrupt him. “You need to understand that Mzi is enormously wealthy, ...
Nafcoc boss fired 'over Gallagher deal' - Fin24
A Nafcoc insider, who asked not to be named for fear of victimisation, told City Press that Nafcoc leaders had lost confidence in Mavundla and felt that his private life was interfering with the daily running of the organisation. ...
Official admits R7bn airport under-used - Fin24
Durban - The multi-billion King Shaka International Airport in La Mercy north of Durban is under-utilised, a government official said on Thursday. “The Dube Trade Port which incorporates the King Shaka International is under utilised at the moment,” ...
Banks face legal battles to sell houses - Fin24
A banking analyst who declined to be named warned that banks could incur more expenses when conducting their business in future due to the judgment. However, he could not quantify how big the impact on the operating costs of banks would be. ...
Nafhold wields the axe - Fin24
A woman who answered Hlongwane's mobile phone but declined to give her name said he was ill and unable to speak to the media. Nafhold chief executive Michael Leaf did not respond to voice messages and cellphone text messages sent by City Press to him ...
Nafcoc axes top executives - Fin24
One of the retrenched, who asked to remain anonymous, said that during the consultation process they had presented plans to the Nafcoc council to help turn the organisation's fortunes around. “These letters of retrenchment show that our turnaround ...
'Hyprop may be pursuing Attfund' - Fin24
"It would make fantastic sense for shareholders," said an analyst, who declined to be named. In May this year Attfund CEO Louis Norval told Fin24.com that a ...
JSE tracks Dow into the red - Fin24
... if it is to achieve its goal of slashing its staggering budget deficit by four percentage points this year, a senior government official said Friday. ...