Finance ministerEnoch Godongwana’s recent decision to suspend all grants to 39 defaulting municipalities marks a significant point in local government finance ... The scale of municipal indebtedness is staggering ... .
Recently, UBS, a prominent global financial services company, revised its EUR/GBP forecast, citing mounting UK political and fiscal risks ... and fiscal risks might deter significant long-term investment.
New survey shows homeowners deferring projects out of economic fears. This can have negative effects on the home itself, plus owners' health and safety ... .