The World Needs Radical Debt Transparency

Over the past two decades, many developing countries have made remarkable progress in reducing poverty, expanding access to education and health care, and investing in infrastructure. These gains were the result of sound national policies and coordinated efforts by the international community, often financed through responsible borrowing. But the road ahead looks more precarious. Debt…

Largest Shipping Company Bankruptcies

Image for representation purpose only The shipping industry, being the mainstay of international trade, is not left unaffected by economic highs and lows, which can lead to the downfall of the largest shipping companies. The bankruptcies impact the global chain while showcasing the vulnerabilities and pressures faced by maritime companies to remain competitive. One of…

Sun International’s lucky escape – Moneyweb

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW This week, the news broke that Sun International and the shareholders of Peermont have mutually agreed to terminate the R7.2 billion deal that would’ve seen Sun International acquire Peermont’s business that has eight casinos in South Africa. Read: Sun International pulls plug…

Calgary tech community reacts to ATTAbotics insolvency

Long considered a highlight of Calgary’s tech scene, local robotics company ATTAbotics is now restructuring as it deals with insolvency. That restructuring includes terminating 192 of its 203 employees, keeping only 11 as it navigates the road ahead, according to documents published by insolvency trustee firm Richter Inc. Founded in 2016 by Scott Gravelle, ATTAbotics…