ORC pledges collaboration with stakeholders for implementation

A group photograph of stakeholders at the engagement session The Office of the Registrar of Companies (ORC) says it will collaborate with stakeholders to ensure effective implementation of Ghana’s Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015). Maame Samma Peprah, Acting Registrar of Companies, said the ORC was committed to supporting institutions and businesses…

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Auckland’s yum cha restaurants running out of steam

Several established Chinese restaurants in Auckland, renowned for serving authentic Cantonese dim sum, have gone into liquidation in recent months. Some of the Chinese eateries still standing say they are struggling to stay in business. Yum cha, a Cantonese dining tradition that pairs tea consumption with small, shared dishes known as dim sum, has long…

An entire airport is ‘bankrupt in all but name’

While the aviation industry is particularly prone to bankruptcies due to the sky-high cost of operations, the autumn months of 2025 brought with them a few major bankruptcy announcements in short succession. In the last days of August, low-cost carrier Spirit Airlines filed for bankruptcy for the second time in nine months after its earlier…

Protecting financial futures: ASIC’s priorities in credit

Key points ASIC’s role is to ensure consumer credit protections are universally applied and enjoyed. That’s why ongoing work to examine compliance across the sector continues to be a priority. Key areas of focus include mortgage brokers, motor vehicle finance, financial hardship, debt management, credit repair and debt collection. ASIC continues to take action across…

Protecting financial futures: ASIC’s priorities in credit

Key points ASIC’s role is to ensure consumer credit protections are universally applied and enjoyed. That’s why ongoing work to examine compliance across the sector continues to be a priority. Key areas of focus include mortgage brokers, motor vehicle finance, financial hardship, debt management, credit repair and debt collection. ASIC continues to take action across…