You can also listen to this podcast on iono.fm here. DUDUZILE RAMELA: Many of us have heard phrases such as ‘in this economy’ when contemplating a purchase, or ‘mampara week’ – that week just before payday, when noodles or eggs are a staple. This lived reality boils down to the fact that more than 60%…
Company voluntary liquidations ‘returning to normal levels’ – Deloitte Business Post Read the original article here
There were 213 corporate insolvency appointments in the first three months of the year, according to analysis by Deloitte, a 3% rise compared to the same period last year. Deloitte said early indications suggest retail sector insolvencies are up totalling 30, or 14% of insolvencies. While hospitality insolvencies were down by 27% ahead of the…
Northumberland Reform councillor’s defunct companies owed millions to creditors BBC Read the original article here
Canadians who get the right debt advice at the earliest possible sign of financial trouble have better options and outcomes. The Office of the Superintendent of Bankruptcy (OSB) has longstanding concerns about the Debt Advisory Marketplace in Canada and the potential harm to Canadians. Unregulated, unlicensed debt advisors often claim to be authorized to assist…
Key Facts: Research shows strong correlation between global oil prices and Australian corporate insolvencies over the past 25 years Record 14,722 insolvencies in 2024-25 primarily attributed to COVID hangover rather than oil prices Oil price projections of $90-100 USD per barrel expected to create a Multiplier Effect on existing business pressures Oil impacts business failures…
Airline shuts down in bankruptcy, runs last flight Yahoo Finance Read the original article here
Trusted debt settlement company acquires top spot for fourth year in a row NEW YORK, April 1, 2026 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement and provider of the top rated debt relief solution in the U.S.*, has earned Forbes Advisor’s Best Debt Relief Company recognition for 2026. This is the fourth consecutive year…
With a smaller customer base and less of a financial cushion to fall back on during tough times, many smaller regional airlines have had a particularly challenging time staying afloat in the current market. British regional carriers Eastern Airways and Blue Channels, Swedish carriers Braathens Aviation and H-Bird, and Icelandic low-cost carrier Play Airlines have…
Conygar secures revised Barclays debt facility to support Nottingham scheme TheBusinessDesk.com Read the original article here