More workers in SA turn to debt and gambling

The gap between South Africans who are financially secure and those struggling to make ends meet is growing, as more workers take on debt and turn to gambling in an attempt to stay afloat, according to the Old Mutual Savings & Investment Monitor 2026. While some South Africans are building savings and investing for the…

How Nigeria secured Paris Club debt relief

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, on Wednesday reflected on Nigeria’s economic reform programme under former President Olusegun Obasanjo, saying public understanding and support were indispensable to the reforms that culminated in the country’s landmark debt deal. Mrs Okonjo-Iweala spoke in Abuja at the public presentation of a book titled ‘The…

ANJL challenges Brazilian study linking sports betting to household debt

Brazil’s sports betting industry has submitted a report to the government disputing research that associates betting with higher household debt and default rates. Commissioned by the National Association of Games and Lotteries, the document identifies methodological and statistical problems in a study by the National Trade Confederation. The ANJL’s main criticism concerns the CNC’s comparison…