DZS ceases operations in US, begins liquidation process

Broadband gear and cloud services company DZS has ceased operations in the US after entering Chapter 7 protection last week. The company stated that it had entered the liquidation proceeding under Chapter 7 of the United States Bankruptcy Code. Plano-based DZS said its foreign subsidiaries in Germany, the United Kingdom, and Australia may continue to…

New debt-relief programme for Tshwane municipal accounts

The scheme, running until June, targets residents, businesses, indigent households, and deceased estates. Incentives include partial debt write-offs, interest waivers, and discounts on recreational facilities.  The city hopes to curb electricity meter tampering and boost revenue collection, currently below the 95-percent target. 
 “Various municipal customers, including government departments, big business and residential customers, owe Tshwane…