Household debt crisis deepens as betting drains stretched budgets

Share current article via EmailShare current article via FacebookShare current article via TwitterShare current article via LinkedIn lead-art-block.fullscreen-enterExpand Households are drowning in debt — and raiding pension savings to pay it off. (iStock) Gambling activity is widespread among South African consumers seeking debt counselling, according to DebtBusters. The organisation notes that often money is diverted…

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The Final Phase of Invitae’s Corporate Dissolution

The corporate liquidation process for genetic testing firm Invitae is nearing its formal conclusion. This stage represents the administrative endgame for investors, marking the terminal point of a prolonged restructuring effort. The company’s core diagnostic operations were fully transferred to a larger laboratory conglomerate two years ago, in 2024, leaving only the corporate shell to…