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Ray is a financial journalist passionate about public policy and property.

Sassa ‘agrees’ to Post Office’s increased social grant fees

26 Sep 2018 /  Ray Mahlaka   3
But social development minister Susan Shabangu is yet to confirm and agree to a monthly fee structure.

Why markets snubbed Ramaphosa’s stimulus plan

25 Sep 2018 /  Ray Mahlaka   27
There is deep scepticism about whether government has the capacity to spark any meaningful economic activity.

Behind Ramaphosa’s mega-stimulus package

21 Sep 2018 /  Ray Mahlaka    21
It will take some R50 billion worth of sacrifices by the government to make it possible.

Lynne Brown hits a snag at state capture inquiry

20 Sep 2018 /  Ray Mahlaka    4
The former public enterprises minister’s bid to cross-examine former deputy finance minister Mcebisi Jonas is dismissed.

Mosebenzi Zwane made ‘veiled threats’ to Nedbank on Gupta account closures

19 Sep 2018 /  Ray Mahlaka    7
The Nedbank Group CEO details how the commercial bank was pressured to reopen bank accounts of Gupta-linked entities.

Post Office slammed for sky-high social grant payment fees

19 Sep 2018 /  Ray Mahlaka    15
Expert panel says the state-owned enterprise’s expected profits from 'unnecessarily high' fees are difficult to justify.

Johan Burger was ‘surprised’ by ANC’s summon to Luthuli House

18 Sep 2018 /  Ray Mahlaka    15
Relating to the bank’s closure of Gupta-linked accounts.

Growthpoint’s ‘inflated’ income and dividend growth questioned

UPDATE
18 Sep 2018 /  Ray Mahlaka   15
SBG Securities suggests the company paid dividends based on income from sources other than property rentals.

Why Moody’s is now upbeat about SA’s SOEs

17 Sep 2018 /  Ray Mahlaka   6
Commitment to fixing governance issues lauded, but simply making new board appointments won't be enough.

Texton stung by another CEO resignation

UPDATE
14 Sep 2018 /  Ray Mahlaka   2
Nosiphiwo Balfour becomes the fourth CEO to resign in barely three years.

A state capture blow for the Guptas 

13 Sep 2018 /  Ray Mahlaka    7
The request by Ajay and Rajesh Gupta to cross-examine witnesses at the state capture inquiry is dismissed.

Moody’s expects ‘slow recovery’ in SA economy 

13 Sep 2018 /  Ray Mahlaka    5
It sees 'little chance' of a credit ratings move.

Big payday for Sasol Inzalo investors

13 Sep 2018 /  Ray Mahlaka   8
Appreciation in the Sasol share price allows empowerment scheme to end on a high note.

Government’s R260m largesse to Gupta media companies

11 Sep 2018 /  Ray Mahlaka    2
Veteran Treasury official details the extent of payments made by state departments to Gupta-owned media entities.

No surprise Steinhoff beans weren’t spilled

10 Sep 2018 /  Ray Mahlaka   7
It would be foolhardy to expect Jooste to trade his leafy Hermanus abode for a jail cell.
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