Debt Relief Bill adopted by trade and industry committee — but the DA isn’t happy – Business Day

On Wednesday, Parliaments trade and industry committee adopted the controversial Debt Relief Bill, which is intended to help the heavily indebted. The proposed amendments to the National Credit Amendment Bill strongly opposed by the banking industry and the DA will now go to the National Assembly for adoption. The bill was proposed and developed by…

Mandatory mediation in place to help SA farmers – The Murray Valley Standard

Farmers in South Australia will be better protected financially after recent legislation on mandatory farm debt mediation was passed in parliament. According to Minister for Primary Industries and Regional Development Tim Whetstone, the new Farm Debt Mediation Act 2018 has brought South Australia in line with other states in its effort to support farmers. South…

China says it is helping Africa develop, not accumulate debt – Reuters

BEIJING (Reuters) – China is helping Africa achieve development, not accumulate debt, a top Chinese official said on Tuesday, as the government pushes back against criticism it is loading the continent with an unsustainable burden during a major summit in Beijing. Chinese President Xi Jinping and South African President Cyril Ramaphosa attend the 2018 Beijing…