Creditors $6.9m out of pocket after liquidation

A Queenstown company once involved in the construction of Dunedin’s Forsyth Barr Stadium has left creditors nearly $7 million out of pocket 15 years after entering liquidation. Steve Rout Contracting Ltd was put into receivership in May 2011 and subsequently placed into liquidation in August 2011, both of which were completed on Monday. Liquidator Craig…

TE Stock Holds Support As Traders Study Debt, Losses

T1 Energy Inc. stocks have been trading up by 4.46 percent after securing a transformative long-term liquefied natural gas contract. Key Takeaways TE has slid from the low-$10s to the mid-$7s, but price action shows buyers stepping in around $7. T1 Energy Inc. is still losing money, with negative profit margins and heavy cash burn…

UK travel company enters liquidation as all trips cancelled

Global Vision International (GVI) offered programmes including nature and conservation trips, including locations such as Costa Rica, Fiji and more. However, the company has shut down after 28 years in business and is due to enter liquidation. All holidays cancelled as Global Vision International enters liquidation GVI, which is based in Exeter, is now set…

eThekwini reopens debt relief programme for disputed accounts

The eThekwini Municipality has reopened its Special Debt Relief Programme for customers whose account disputes were still under review when the original programme ended in January 2026. The move is intended to provide qualifying residents and businesses with another opportunity to benefit from the debt relief initiative. Approved by the eThekwini Municipal Council, the…