Polling firm Vilmorus files for bankruptcy – media

The case was filed by the company’s director Vladas Gaidys over insolvency, according to the report. The court said Vilmorus was unable to meet its financial obligations to creditors. At the end of March, the company had assets worth EUR 4,091, while its liabilities totalled nearly EUR 107,000. Vilmorus reported revenue of EUR 227,000 and…

Trade Expert Urges Africa to Exit Debt Cycle Through Economic Transformation

Jane Nalunga, executive director of the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) NAIROBI, Kenya — African countries must move beyond managing public debt and focus on transforming their economies to permanently escape the continent’s debt cycle, a regional trade expert has said, writes Winston Mwale. Jane Nalunga, executive director of the…

City of Windhoek opens debt relief registration for eligible residents

The City of Windhoek has announced plans to write off outstanding municipal debts for eligible residents, launching a verification and registration drive to identify qualifying households. The debt relief scheme targets specific vulnerable groups, including pensioners, deceased estates, and individuals registered under destitute status. To qualify for consideration, eligible residents must submit certified supporting documentation,…

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