Treasury's support helps KwaZulu-Natal Education Department address R443 million debt crisis – IOL
Treasury’s support helps KwaZulu-Natal Education Department address R443 million debt crisis IOL Read the original article here
Debt rises as four in ten face insolvency—what should advisors prioritise now?
Bazian said Canadians’ net personal debt rating (positive minus negative) rebounded 14 points from last quarter’s all-time low. The proportion of Canadians just $200 or less from insolvency dropped to 43 percent (-7 points), while those already insolvent declined to 26 percent (-9 points). Still, “four in ten Canadians report being on the brink…
Interpath appointed liquidator of St Giles Shopping Centre – Accountancy Today
Interpath appointed liquidator of St Giles Shopping Centre Accountancy Today Read the original article here
Holly Willoughby’s media company owes £377,000 in tax, court hears
Roxy Media, the media production and management firm once run by the TV presenter and her husband, Dan Baldwin, was issued with a winding-up order earlier this year, according to court filings. The order means that His Majesty’s Revenue & Customs (HMRC) could seek to shut down the business over unpaid taxes. An HMRC spokeswoman…
Bitcoin Treasury bonds may help US refinance $14T debt — VanEck exec
VanEck’s head of research has pitched a new type of US Treasury bond partially backed by Bitcoin to help refinance $14 trillion in US debt. Matthew Sigel pitched the concept of “BitBonds” — US Treasury bonds with exposure to Bitcoin (BTC) — at the Strategic Bitcoin Reserve Summit 2025 on April 15. The new 10-year…
where the Two-Pot money is going
16 April 2025 | | Myra Knoesen Your browser does not support the audio element. Since the implementation of South Africa’s Two Pot System on September 1, 2024, there has been considerable discussion about how pension fund members are using their withdrawal funds. With R43.4 billion claimed under the Two Pot System from September 2024…
Mansfield Building Society returns LTV for debt consolidation to 90% and updates wider lending criteria
Mansfield Building Society has made a series of positive criteria changes to support borrowers and widen access to its range of mortgage products. The Society has returned its maximum loan-to-value (LTV) for debt consolidation to 90% with the criteria designed to open up more opportunity for homeowners looking to manage their finances through remortgaging. Gifted…
VanEck’s Sigel proposes Bitcoin-backed bonds to help refinance US debt
VanEck’s head of digital assets research, Matthew Sigel, has proposed solving the US debt problem by issuing Bitcoin Bonds (BitBonds). In a post on X, he explained that the US government could use this product to refinance $14 trillion in debt. According to Sigel, BitBonds is a 10-year hybrid debt instrument with 90% exposure to US…
Dancer Bus declared bankruptcy – Sustainable Bus
Dancer Bus declared bankruptcy Sustainable Bus Read the original article here
Bankruptcies in Luxembourg stabilise, fewer jobs lost compared to last year
Corporate liquidations soared by 55% in the first quarter of 2025, while the number of company bankruptcies in Luxembourg remained unchanged, according to data released on Wednesday by the Ministry of Justice and Statec. A total of 301 businesses were declared bankrupt between January and March, compared to 300 during the same period in 2024.…