Millions in Debt! Smart TV Company Faces Total Collapse

Vienna-based StreamView GmbH, an international distributor of smart TV devices, is facing closure. The company has initiated insolvency proceedings at the Vienna Commercial Court. The triggers include failed business relationships and a lack of financial resources, which have severely impacted operations recently. StreamView GmbH has been around since 2019. It specializes in distributing smart TV…

KLB seeks MPs’ help to recover Sh251m debt from state institutions

Kenya Literature Bureau Managing Director George Okeyo speaks when he appeared before the National Assembly’s Public Investments Committee on Governance and Education on Tuesday, July 7, 2026. /PARLIAMENT The Kenya Literature Bureau (KLB) has appealed to Parliament to help it recover more than Sh251 million owed by government institutions, warning that the long-outstanding debts are…

eThekwini reopens debt relief for customers with pending disputes

The eThekwini Municipality has reopened its Special Debt Relief Programme for customers whose account disputes were still under consideration when the programme closed in January 2026. The decision, approved by the eThekwini Municipal Council on Tuesday, applies exclusively to customers with unresolved disputes relating to electricity, water, and property rates accounts. The reinstated programme is…

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R30m crypto mystery prolongs iCE3X liquidation

The liquidators state that repeated attempts to obtain the remaining crypto assets voluntarily were unsuccessful. (Image generated by ChatGPT) The liquidation of iCE3X, one of South Africa’s oldest crypto-currency exchanges, has been delayed for a further year, as liquidators continue efforts to recover more than R30 million in allegedly missing crypto-assets and prepare fresh legal…

Kiwi Crunch enters voluntary administration | News

Top New Zealand apple grower-exporter Kiwi Crunch Hawke’s Bay has entered voluntary administration, according to a report from RNZ. Several other associated entities, including Kiwi Crunch Exports, Kiwi Crunch Orchards, Kiwi Crunch Farms, Kiwi Crunch Nurseries, and KC IP were also placed into voluntary administration at the same time.  The move follows recent news that Kiwi Crunch subsidiary Crasborn…

KLB seeks Parliament’s support to recover KSh251M in debt

The Kenya Literature Bureau (KLB) has appealed to Parliament for support in recovering more than Sh251 million in long-outstanding debts, warning that the unpaid bills are straining its operations and threatening its financial stability. The appeal was made on Tuesday during a session of the National Assembly’s Public Investments Committee on Governance and Education, which…