A game of billions

In the world of corporate and public finances, numbers can quickly lose meaning. You probably think carefully about spending R500, but I’ll bet you often read about a number like R5bn without a moment’s thought given to the size of this number. Let’s take a moment to explain how enormous this number actually is. the_ad id=”3223″ Written out in full, …

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Land Bank: the SOE crisis outta nowhere

Another day, another SOE crisis, right? This one is a little different. Before delving into the reasons for the current crisis at the Land Bank, let’s take a brief look at its background. the_ad id=”3223″ Development Finance Institutions (DFIs) DFIs are set up to support private sector initiatives in key sectors. Certain sectors are of such importance to a country …

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