If Keir Starmer wants to win back disillusioned voters deserting his party for the Liberal Democrats or the Greens, he could do worse than rediscover Labour’s longstanding moral commitment to international development. Since cutting the overseas aid budget to fund higher defence spending – losing the excellent Anneliese Dodds in the process – Labour has…
President Netumbo Nandi-Ndaitwah calls for countries to ensure they get adequate resources for development. Namibia attended the G20 last November as a guest at the invitation of South African president Cyril Ramaphosa, as South Africa was the host country. Speaking during the review of reports on the Africa G20 summit on Saturday in Addis Ababa,…
$15.3m Debt: Court Declares Oil Firm Insolvent, Appoints Aiboni As Receiver-Manager leadership.ng Read the original article here
Century-Old South African Sugar Mill on Brink of Collapse, Again Bloomberg Read the original article here
Money Management can confirm that Advice Intelligence is in financial difficulty and has entered voluntary administration. “Advice Intelligence has entered voluntary administration following the decision from their investor, Regal Funds Management (Phil King), opting to withdraw future funding. This decision is founded upon a landscape of high-interest rates, economic uncertainty, and the overall tightness of…
The International Monetary Fund has issued an unprecedented warning that the federal government may need to bail out heavily indebted states and territories such as Victoria and the Northern Territory, as it called on Treasurer Jim Chalmers to press the states to rein in spending and overhaul property taxes. In its annual health check-up of…
Paypal Melbourne Fashion Festival Turns 30 With Runways, Panels, Screenings and More Fashion The 15-day festival is back this month, and celebrating its three decades. There’ll be a play on Melbourne’s all-black “uniform”, maximalist and avant-garde showings, a mix of emerging and established talent, and even an extension in Geelong. Read the original article here
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Barbeques Galore entered voluntary administration this week. Picture: Barbeques Galore The financial collapse of Barbeques Galore spells trouble for a great Australian tradition, but is a sign of cost of living pressures and some people speculate to be a result of modern apartment living. On Thursday, Barbeques Galore announced it had fallen into voluntary administration,…
Nine years after its inception, India’s Insolvency and Bankruptcy Code (IBC) continues to deliver a sobering reality check for creditors: recovery rates remain stubbornly anchored around 32 per cent, meaning lenders face an average haircut of approximately 68 per cent on admitted claims. The latest data from Q3FY26 reveals a marginal decline in recovery rate…